In this episode, Bonnie Yam delves into financial strategies and benefits tailored for seniors. The discussion opens with an overview of tax strategies, deductions, and benefits specifically designed for the senior demographic. Bonnie then provides insights into health insurance options and Medicaid considerations, crucial for senior healthcare planning. The episode also covers the essentials of Required Minimum Distributions (RMDs) and the potential for charitable gifting, offering ways to optimize retirement assets. Additionally, listeners learn about utilizing 529 plans to support their grandchildren's education. The episode concludes with closing remarks and a reminder to subscribe for more insightful content.

(0:00) Introduction to the episode and topics

(0:41) Tax strategies, deductions, and benefits for seniors

(8:03) Health insurance and Medicaid insights for seniors

(12:26) Understanding RMDs and charitable gifting for seniors

(17:41) Utilizing 529 plans for grandchildren's education

(19:07) Closing remarks and subscription reminder