Heidi Ricken-Provost, Gerry Ricken, and co-host Doug Turnbull explain the first two of ten different tax diversification strategies. Gerry and Heidi talk about required minimum distributions: the ages they kick in, why taking them earlier in the year is better, what the penalties and deadlines are, how they increase with age, and how to pay the least taxes on them when they disperse. They also explain qualified charitable distributions and the limits on those and which retirement accounts can pay them. And Gerry shares about a tax seminar and dinner for clients and friends in mid-March.

To learn more about the upcoming March 12th/13th educational tax dinner, the March 25th/26th women’s seminar, and other Ricken Financial events, call 314-442-6476 or visit www.rickenfinancial.com!

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Gerry Ricken, Heidi Ricken-Provost, and co-host Doug Turnbull discuss the importance of a diversified tax strategy. In part one of this six-part series, Heidi and Gerry list and briefly explain 10 different ways people can save on or even possibly eliminate taxes: traditional accounts, QCDs, net unrealized appreciation, ROTHs, HSAs, 529 plans, tax loss-harvesting, capital gains, municipal bonds, and tax-free retirement. Heidi also shares about a 2/13 “Galentine’s Day” event and a women’s seminar for Ricken Financial clients.

To learn more about the upcoming Galentine’s Day party, the March 25th/26th women’s seminar, and other Ricken Financial events, call 314-442-6476 or visit www.rickenfinancial.com!

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Gerry Ricken and co-host Doug Turnbull discuss a novel way to both pay down debt and accrue value. Gerry explains how buying a whole life insurance policy can enable someone to pay back other debt faster and how they can still gain some growth from the plan. Gerry gives examples of two different generations of people and how they overcame some major debts this way. Gerry also talks about his family’s trip to the Chiefs’ AFC championship victory game versus the Bills.

For more information or to ask your own question, visit www.rickenfinancial.com!

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Heidi Ricken-Provost, Gerry Ricken, and co-host Doug Turnbull talk about the various scams out there and the insidious ways identities and money get stolen. Gerry and Heidi share stories from their clients and things both to do and not to do in handling fraud. They also share what to look for in an odd communication and some different ways that Ricken Financial coaches people to be proactive. Heidi and Gerry also detail their 12-hour adventure by choosing to drive and not fly back to St. Louis from Atlanta, ahead of a winter storm. Gerry also describes his first-ever trip to Buc-ee’s.

For more information or to ask your own question, visit www.rickenfinancial.com!

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Gerry Ricken, Heidi Ricken-Provost, and co-host Doug Turnbull discuss the financial moves people should make to start off the new year. Gerry and Heidi talk about the importance of tax planning, so people can both experience growth the whole year and plan for any taxes they will have to incur. They specifically discuss the importance of not waiting to do Roth conversions. Gerry and Heidi explain how to anticipate for and pace out required minimum distributions and how qualified charitable distributions are not retroactive. They also talk about traveling to Atlanta for the Impact Partnership kick off event and the inspiring words they heard from Coach K.

For more information or to ask your own question, visit www.rickenfinancial.com!

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In this bonus episode, Gerry Ricken and co-host Doug Turnbull spend some time getting to know each other. Doug talks about his previous career as an airborne traffic reporter and the adjustment of moving into financial podcasting. Gerry talks about how much he and Heidi love getting to know clients and how they help people navigate financial decisions in some of the hardest times of their lives. Gerry also talks about his family’s background and he and Doug compare notes on their most recent trips to Germany, where Gerry’s dad’s family and Doug’s wife’s family both live.

For more information or to ask your own question, visit www.rickenfinancial.com!

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Heidi Ricken Provost goes one on one with Mark Owens to discuss the pros and cons of working with and for your dad. Plus, what are the biggest challenges when it comes to pushing back against your boss, who is also your biggest fan. 

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Heidi Ricken-Provost and Gerry Ricken talk with co-host Doug Turnbull about how easily emotions can sidetrack people with their spending and the need for a budget. They explain the very basic questions that everyone should answer about their budget and the consequences of not knowing those things. And they discuss the importance of having a financial advisor to talk someone through that planning process with education and not emotion. Heidi also talks about delivering the annual Mary Beth Ricken Sportsmanship Award for soccer players at her church.

For more information or to ask your own question, visit www.rickenfinancial.com!

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Gerry Ricken and Heidi Ricken-Provost discuss with co-host Doug Turnbull the importance of having a long-term care plan, no matter one’s age. They define what long-term care is, explain different types, and highlight some misunderstandings about it. And they explain the different types of ways to fund this kind of care. They also talk about the oldest Ricken family member passing away and how they are currently dealing with living family members that need to have the long-term care conversation.

For more information or to ask your own question, visit www.rickenfinancial.com!

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Heidi Ricken-Provost and co-host Doug Turnbull discuss how people attain the retirements of their dreams and that what they deserve requires serious planning. Heidi breaks down how a financial planner asks clients the right questions to help them attain these goals and how there never is a time that is too early to have that conversation. She covers the different areas that planning is needed, including long-term care and tax planning. And Heidi draws the parallel of her going from not knowing what lacrosse was to becoming the best high school women's goalie in Missouri - because she worked and planned.

For more information or to ask your own question, visit www.rickenfinancial.com!

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