Episode 40 — Preparing Your Finances for a Great 2020

As we now sit late into the fourth quarter, are you ready for 2020? Are there things you can do to make the most of the year ahead?

In this episode, Danielle Howard talks about the three top-of-mind items that may have financial implications for you in 2020, including spousal IRAs and required minimum distributions (RMDs). During such a busy time with the holidays fast approaching, Danielle will show you what actions you can take now to have a great 2020.

In this episode, you’ll learn:

  • How to make the most out of what is available to you, like loading up on spousal IRAs or Health Savings Accounts
  • Words of advice about taking your RMD withdrawals on time
  • Strategies for deciding on whether it’s better to take an itemized or standard deduction
  • How to harvest your gains and losses in a tax-efficient way
  • And more!

Listen in for insightful tips on how to finish 2019 off with eyes wide open so you can have a great 2020.



Thank you for listening to the Wealth Done Differently Retirement Podcast click the subscribe button below to be notified when new episodes become available. The information covered and posted represents the views and opinions of the guest and does not necessarily represent the views or opinions of Wealth by Design LLC. The content has been made available for informational and educational purposes only. The content is not intended to be a substitute for professional investing advice. Always seek the advice of your financial adviser or other qualified service provider with any questions you may have regarding your investment planning. Danielle Howard, Certified Financial Planner is an investment adviser representative of Cambridge Investment Research Advisors a registered investment adviser. Securities offered through Cambridge investment research Inc. A broker dealer member FINRA SIPC Cambridge and wealth by design LLC are not affiliated.

Share this episode