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Strengthen Your Financial Toolbox by Attending These Educational Events

Join us for these complimentary, client-only events that are the perfect small-group format to dive into topics such as long-term care insurance, managing taxes on IRA assets, and preparing for living on retirement income. Our goal is to provide educational opportunities and access to additional resources for your financial planning toolbox, all with an emphasis on tax-smart investment strategies that save your hard-earned money and accommodate your desired retirement lifestyle. Watch for more info on these upcoming events!


Innovative Alternatives to Long-term Care

Storen Financial’s Investment team along with OneAmerica representative, Scott Hall, will explain the pros, cons, and alternatives to long-term care insurance and how it factors into your comprehensive financial plan. The discussion will focus on asset-based long-term care insurance, an innovative alternative to traditional long-term care insurance that can provide protection for the potential 20-30 years of retirement when life disruptions from long-term health conditions can occur.

Event Date: Thursday, May 16, 2024

Click here to learn more and register.


The Trifecta of IRA Tax Planning

Storen Financial’s Investment team will educate on these three important actions you can take with your tax-qualified (IRA) monies to affect your current and future tax situations:

  • Roth conversions – Pay tax today to allow money to grow on a tax-free basis moving forward, ultimately giving you the flexibility in retirement to control your annual bill.
  • Qualified Longevity Annuity Contracts – Move up to $200k of your IRA dollars into a specific type of annuity contract which allows you to delay required distributions until age 85 instead of 73. This will reduce your required taxable income, thereby sheltering more assets to pass on to loved ones or use for increased healthcare costs as you age.
  • Qualified Charitable Distributions – Make your charitable donations directly from your IRA by utilizing your required annual distributions. This enables you to give more while never paying taxes on these dollars.

Event Date: Thursday, July 25, 2024

Click here to learn more and register.


Tax-Smart Distribution Strategies for Retirement

Moving from the saving phase into the retirement income phase introduces some very important decisions on when and how to generate the necessary money to support your lifestyle. It can also introduce significant risks. Storen Financial’s Investment Team will discuss safe withdrawal strategies you can utilize to address and eliminate these risks, focusing on tax-responsible ways to generate income from your portfolio in combination with Social Security and personal pensions. We will also discuss how Social Security benefits are taxed and the impact of retirement income on Medicare costs, as these factors will play a part in sustaining your retirement lifestyle.

Event Date: Thursday, September 12, 2024

Watch for more details coming soon!


Watch for more details about these upcoming events and how to register! Interested in our other events? Click here to visit our Events page.


Blog by Ronnie Jackson, CFA® – Financial Advisor

Learn more about Ronnie and the rest of the Storen Financial team here.