This week, Bruce and Peg are opening the show to listener questions.

529 college savings plans can be one of the best ways to save for college. And they offer more choices and flexibility than they ever have before.

By having direct access to Wealth Enhancement Group Roundtable™, you can benefit from a customized investment portfolio and a suite of “whole-life” planning strategies.

Having the right team in place is critical for preserving and growing your wealth. You don’t have to do it alone.

Traditional IRA account owners have considerations to make before performing a Roth IRA conversion. These primarily include income tax consequences on the converted amount in the year of conversion, withdrawal limitations from a Roth IRA, and income limitations for future contributions to a Roth IRA. In addition, if you are required to take a requi…

This information is not intended as a recommendation. The opinions are subject to change at any time and no forecasts can be guaranteed. Investment decisions should always be made based on an investor's specific circumstances. Investing involves risk, including possible loss of principal.

Working with an experienced and knowledgeable financial advisor has changed dramatically over the past 30 years.

Today’s topic is Women’s Values and Wealth, how personal values can play an important role in women’s financial plans, and how to incorporate your values holistically into your investments.

This week, Bruce and Peg are opening the show to listener questions.

Retirement plans use incentives and penalties specifically designed to keep you from tapping your nest egg until later in life — for good reason.

Your annual tax return can serve as a useful roadmap to advance toward your long-term goals.

Being better with money involves training your brain to avoid hard-wired biases that reward spending and make poor investment decisions.

This week, Bruce and Peg are opening the show to listener questions.

At WEG, our advisors focus so much effort on helping clients set goals - Goals are a foundational pillar to financial planning — all decisions about investments, asset allocation, and income planning flow from goal-setting - Goal achievement begins with self-awareness and should be an expression of what you value…

Retirement planning is crucial for everyone, but it introduces particular challenges for women. With longer life expectancies, as well as reduced earning potential due to the gender pay gap and other factors, women face a unique set of obstacles in preparing for retirement compared to men. Special guest - Jackie Ampe: Jackie is a Senior Vice Presid…

No financial plan is complete without an estate plan because you need to plan ahead for how your assets are distributed after you’re gone.

Today, we are going to talk about how people in non-traditional careers should be planning more for their retirement. What do we mean by non-traditional jobs? Those who don’t have a typical nine-to-five office, service, or factory jobs. Non-traditional workers may be self-employed, working in the gig economy (e.g., Uber/Lyft drivers), consulting, o…

Ryan is a Senior Vice President and Financial Advisor at Wealth Enhancement Group He helps lead the Tax Strategies group for Wealth Enhancement Group’s Roundtable™ and has an extensive tax and retirement income planning background. Longstanding member of the Ed Slott Master Elite IRA Advisor Group, a leading national group, one of the nation’s lead…

Using an experienced and knowledgeable fiduciary advisor should create value for you and your family that’s greater than the cost.

Money and relationships can get complicated if you don’t talk about it.

There are lots of things investors won’t be able to control in 2024 — inflation, market direction, and interest rates, among others. But if you get organized now, you can make some tax-smart moves (and avoid a few mistakes).

Good retirement income planning has to go beyond simply joining your company-sponsored retirement plan or opening an IRA at your local bank.

The big problem in finance — if not the biggest — is how to create a stream of sustainable income after people stop earning a regular paycheck.

Most people invest and try to anticipate (or guess) what the stock market, bond market, and interest rates will do, and then change their investment strategy based on where they think the markets are headed. Today, Bruce is going to explain why that’s a flawed strategy and suggest an approach that doesn’t rely on market forecasts.…

Now that we’re back from the festivities, we want to focus on what you can do in 2024 to take active control of your money, with our first of-the-year segment, “Your 2024 Action Plan.”

We want to start by wishing everyone a Healthy, Happy, and Prosperous New Year. This week we’re going to share what we believe to be some of the biggest financial events and stories of 2023 and offer a few thoughts about what to do with your money in 2024.

This week we’re opening the phone lines for listener questions.

For many older Americans, the housing crisis is frustrating their need to keep an accessible, affordable roof over their heads and to manage their care.

Inherited wealth can come with lots of conflicting emotions and uncertainty about the way forward. Here are 5 ways to maximize an inheritance.

Introducing Andrew Thelander: Andrew has been a Senior Vice President and Financial Advisor at Wealth Enhancement Group since 2007 He focuses on helping others achieve clarity in their financial lives and uses each client’s individual goals, values, and aspirations to craft a comprehensive financial plan — which frequently includes charitable givin…

Introducing Preston: Preston has served institutions and high-net-worth families with comprehensive, customized and objective financial advice CERTIFIED FINANCIAL PLANNER™ Works with the Roundtable™ to tailor advice for each client by integrating their life goals with personal finance Earned a BS degree from the University of North Dakota and an MB…

Talking points: 1. The importance of retirement planning 2. Debt management 3. Emergency funds 4. Education

Introducing Ryan McKeown: Ryan is a Senior Vice President and Financial Advisor at Wealth Enhancement Group He helps lead the Tax Strategies group for Wealth Enhancement Group’s Roundtable™ and has an extensive tax and retirement income planning background. Longstanding member of the Ed Slott Master Elite IRA Advisor Group, a leading national group…

Introducing Rhonda Whitenack • Rhonda Whitenack is a Public Relations and Benefits Training Representative with the Social Security Administration based in the Twin Cities metropolitan area and covering the states of Minnesota and Wisconsin. She has served as a claims representative, program writer, and other management roles in her 20+ year career…

As Halloween approaches, what are the scary money stories that are keeping investors up at night?

For more than two decades, the term “Sandwich Generation” has generally applied to adults (mostly women) taking care of their aging parents and minor children at the same time. Sandwich generation reports high levels of stress, what can you do?

Today’s topic is “A Look Ahead to the Fourth Quarter,” our handy quarterly planning calendar that gives you easy-to-follow monthly milestones. Our focus will be on four general areas: • Financial planning education – IRS limits • Insurance and open enrollment • End-of-year tax planning

A portfolio is simply a collection of investments held by an investor. Most portfolios hold three main categories of investments, or “asset classes”: stocks, bonds, or short-term investments. Each asset class has unique characteristics, risks, and rewards. Tune in to learn more about: 1. What is a stock? 2. What is a bond? 3. What are short-term in…

Introducing Jeanelle Mathsen Jeanelle is Vice President, Human Resources responsible for the HR function at Wealth Enhancement Group. She has more than 20 years of experience working in HR at startups and both small and large financial services firms. At WEG, Jeanelle and her team focus on HR business planning, employee engagement, talent managemen…

Roth IRA and Roth conversions The tax benefits of a Roth IRA are likely to be far greater influence on your wealth accumulation than picking the right stock or bond funds to put in them. Converting all or some of your traditional IRA to a Roth now could be a good move Conversions are on sale until the Tax Cuts and Jobs Act sunsets in Dec. 2025, whe…

This September is the 20th Anniversary of Life Insurance Awareness Month. Most people don’t want to think about life insurance. But if others rely on you financially, you need to consider how much you risk losing without having adequate insurance. What is life insurance? Life insurance is a contract between a life insurance company and a policyhold…

Introducing Jackie Ampe: Jackie is a Senior Vice President and Financial Advisor at Wealth Enhancement Group She has a broad base of knowledge and years of experience in the financial industry and is especially passionate about educating women on investing and financial planning. Highly credentialed, having earned her CFP® (Certified Financial Plan…

Why consider a 529 savings plan? ○ Tax advantages Although contributions are not deductible, earnings in a 529 plan grow federal tax-free Qualified withdrawals are free of federal taxes (and 34 states currently offer full or partial tax benefits, too.) You can open a 529 no matter how much you make or the age of the beneficiary, which makes them pa…

"(Peg) Bruce and I have decided to make today’s program an “Open Lines” show — one of the topics we like the most since it allows us to connect with our listeners and hear their real-world problems, concerns, and successes. Please call in or text with your questions about your financial plan, investments, or taxes — frankly, anything having to do w…

Today’s show is focused on seniors who must take required distributions from their IRAs and how they can take steps to benefit from special new provisions for making qualified charitable distributions (QCDs). What's the problem with IRA distributions? Ordinarily, distributions from a traditional IRA are taxed at ordinary rates, topping out at 37% 1…

Introducing Gary Quinzel Gary is the Director of Portfolio Consulting Has been in the wealth management business since 2003, specializing in the areas of macroeconomic research, portfolio management, and investment analysis He writes the monthly investment commentary for Wealth Enhancement Group’s clients, which you can find on our website, wealthe…

In late June, the Supreme Court of the United States (SCOTUS) struck down the Biden administration’s plan to forgive student debt The Biden Administration has vowed to move forward with loan forgiveness under separate legal authorities What's Next? The SCOTUS decision follows a three-year pause in loan repayments for millions of American students t…

Changes to tax policy often can be anticipated, and certain steps are taken to lessen their impact. Now is the time to consider the implications for your investment portfolio and financial plan What’s changing in tax policy at the end of 2025? • Lower tax rates authorized under the Tax Cuts and Jobs Act (TCJA) of 2017 are scheduled to sunset at the…

Four times a year we offer a quarterly planning calendar for people to follow — the monthly milestones you can follow to keep your plan on track. July: First of all, enjoy your summer! Then glance at your account statements There’s no better time than July to ignore the noise from the economy and the stock market — neither is likely to significantl…

We’re just two days away from Independence Day, and today’s show is all about Financial Independence — what it means for different people, and how to achieve it. Is there a single good definition of financial independence? We’ve found that each person has a different definition. For some, it means not being a burden on family members later in life.…