Tax talk without the snooze-fest! This mid-week episode is the recording of a session done with the smart women of the WE (Women Empowered) Wealth Collective, titled: What Every Woman Should Know About Minimizing Taxes in Retirement. ‘Catching Up to FI’ co-host and author of ‘F.I.R.E for Dummies' Jackie Cummings Koski, CFP®, AFC®, turns this insightful discussion into a masterclass on trimming Uncle Sam's tab at every phase of retirement. Jackie rewinds to her own FIRE (Financial Independence, Retire Early) journey: the divorce-day "401(k) gap" that lit her savings rocket, supersizing her HSA past $200,000, and hitting FI at 49 with a 40% savings rate. Expect plain-English breakdowns, plenty of ‘there are no dumb questions’ crowd chat, and Jackie's trademark mix of CFP level and girlfriend realness. Topics for the series include:
- Age-band tax checklist (pre-55, 55-65, 65-75, 75+)
- Separating "macro" worry (markets, policy) from micro action (what you control)
- Early withdrawal strategies (Rule of 55/50, 72(t) / Equal Payments, HSAs, Affordable Care Act/Tax Credits, Brokerage Accounts, ect)
- Tax Minimizing tips during normal retirement (Social Security, Medicare Surcharge, Increased Standard Deduction, Balancing account types)
- Later in life considerations (RMDs, Qualified Charitable Distribution, Inheritances, ect)
This is part one of a two-part series and the second part will be aired next Wednesday (6/18/25). This session references visuals from a presentation that is better viewed on youtube or you can follow along using this slide deck.
Disclaimer for this session: The intent of this session is open discussion about money topics that makes us all a little smarter. The content is for general education and information purposes only, and is not providing financial, legal, or tax advice. Always do your own research or consult a professional before making important decisions.
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WE Wealth Collective (Facebook Group)
WE Wealth Collective is a group dedicated to empowering women to take control of their finances, cultivate abundance in every aspect of life, and live boldly on their own terms.
🌐JackieCummingsKoski.com
📕F.I.R.E. For Dummies
📘Money Letters 2 My Daughter
Jackie’s EconoMe Talk
Sarah Catherine “SC” Gutierrez
Sarah Catherine “SC” Gutierrez talk at EconoMe
Official IRS Tax Code & Publications
📗But First, Save 10
Official IRS Tax Code & Publications
Healthcare.gov – ACA Enrollment & Subsidy Calculator
72tCalc.com
Dinkytown.net
⏰ ‘Catching Up to FI’ Episodes
Mind Blowing ways to Maximize Your Health Savings Account (HSA) | Jeff York | 98
Maximizing HSAs Part 2: Devising Drawdowns, Badass Scenarios, Listener Questions | Jeff York | 99
72(t) Expert Tells All: No More Secrets About Early Withdrawals (Part 1) | Bill Stecker | 131
Cashing in on 72(t): The Goldmine of Early Retirement Rules (Part2) | Bill Stecker | 133
Social Security Made Simple | Mike Piper | 054
Life & Taxes | Sean Mullaney | 013
Attorney Spilling all the Legal Tea on Estate Planning | Jenny Rozelle | 121
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⚠️Disclaimer: Our content is for general education and information purposes only. We are not providing financial, legal, or tax advice. Always do your own research or consult a professional before making important decisions.
