Saving With Silverman

Mailbag: Final Expense Insurance, RMDS, And More

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Welcome back to the Saving with Silverman podcast! In today’s episode, Mark is going to answer some mailbag questions sent in by listeners like you. These episodes are a great way for you to learn from real-life financial scenarios while gaining valuable insights into managing your finances effectively.

 

Here are the questions we cover in today’s show:

  • “Is financial expense insurance worth buying?”
  • “I have to start taking RMDs next year. Should I take these withdrawals in monthly installments or one big withdrawal at the end of the year?”
  • “How much tax should I expect to pay on my deceased mother's estate, which includes an IRA worth $150,000, a checking account with $100,000, and a house about to be sold for $350,000?”

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    Want to get in touch with Mark? 

    Web:

    https://silverman-associates.com/home

    Email:

    [email protected]

    Phone:

    520.512.8832

    520.618.5323

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    Saving With SilvermanBy Mark Silverman
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