12/21/21 - Winning with Mainstay Financial - Bob Beargie

December 21, 2021 00:49:59
12/21/21 - Winning with Mainstay Financial - Bob Beargie
Pensacola Expert Panel
12/21/21 - Winning with Mainstay Financial - Bob Beargie

Dec 21 2021 | 00:49:59

/

Show Notes

Bob shares the year end financial checklist:

https://www.plantemoran.com/explore-our-thinking/insight/2021/01/ten-financial-planning-opportunities-for-2021

https://mainstayfg.com/ 850-437-3127

  1. Over the age of 72, take your RMD.
  2. Charitable giving. Write a check, gift household goods, etc. But major gifts need to be reviewed with your financial advisor.
  3. You must do a Roth conversion before the end of the year. Traditional IRA to Roth IRA.
  4. Tax harvesting – Over 365 days, long term gain; under 364, short term loss.
  5. Focusing on your income to see if you can make a contribution to your IRA.
  6. Beneficiary designations – this isn’t time sensitive, but something to keep on the checklist.
  7. Go over contributions and funds allocated to different plans, and qualified accounts.
  8. Wealth transfer strategy, who is on accounts.
  9. Go over credit cards, and find a good credit card for your lifestyle that pays off.
  10. Review all insurance policies.

 

Other Episodes

Episode 0

November 05, 2021 00:25:08
Episode Cover

11/04/21 - Emerald Coast Coins - Stephanie Dodson

Stephie and Genna start talking holiday shopping!

Listen

Episode

October 29, 2025 00:24:55
Episode Cover

10/29/2025 Jonathan's Construction and Flooring

Jonathan Cook, Owner, joins PEP Talk with Meg to discuss the services and products provided by Jonathan's Construction and Flooring as well as answer...

Listen

Episode 0

June 16, 2021 00:24:50
Episode Cover

06/14/21 - The Chamber Connection

Todd Thompson, President of Pensacola Chamber of Commerce is joined by Michelle Luckett, CEO of BRACE to discuss hurricane preparedness.

Listen