ThimbleberryU

The SECURE Act:

• What is it and how did it become law?
• Changes for small business
• Changes for Required Minimum Distributions (RMD's)
• Changes for traditional IRA contributions
• Changes for 529 College Savings Accounts
• Effects on so-called "Stretch IRAs."
• How the SECURE Act will push people to take a look at their retirement strategies.

Thimbleberry Financial Website

Email Thimbleberry Financial

Call Thimbleberry Financial at 503-610-6510

To get in touch with Amy and her team at Thimbleberry Financial, call 503-610-6510 or visit thimbleberryfinancial.com.

The ThimbleberryU Podcast is produced by JAG Podcast Productions - https://jagpodcastproductions.com/

Thimbleberry Financial's Amy Walls and cohost Jon "JAG" Gay explain the financial moves that you can and should make as we begin a New Year, including:

• Increase Your Cash Reserve
• Pay Down Your Debt (and how)
• Increase Savings
• Check Your Credit Report
• Review Your Beneficiaries
• Review Insurance Coverages
• Figure out what you spent in 2019, and use it to create a budget for 2020.

Links:

Website: Free Annual Credit Report

Thimbleberry Financial Website

Email Thimbleberry Financial

Call Thimbleberry Financial at 503-610-6510

To get in touch with Amy and her team at Thimbleberry Financial, call 503-610-6510 or visit thimbleberryfinancial.com.

The ThimbleberryU Podcast is produced by JAG Podcast Productions - https://jagpodcastproductions.com/

RSUs, or Restricted Stock Units, are ways to compensate employees that tie them to company performance and provide an incentive to stay with the company. It's a certain number of shares of company stock.

The shares don't become the employees until the RSUs vest, which can happen partially or completely as the employee stays longer with the company.

When the shares vest, you are taxed on the value of the stock as regular income. When you sell the shares, you are taxed on the change in the stock price.

For example - at vest, you have 100 shares at $50 per share. That's a value of $5,000.

If you sell the stock when it's at $51 per share, you are taxed on the $1/share gain.

Amy breaks all of this down, including reasons why you may want to hold or sell your RSUs, and when.

Links:

Blog Post on RSU Tax Misconceptions

Thimbleberry Financial Website

Email Thimbleberry Financial

Call Thimbleberry Financial at 503-610-6510

To get in touch with Amy and her team at Thimbleberry Financial, call 503-610-6510 or visit thimbleberryfinancial.com.

The ThimbleberryU Podcast is produced by JAG Podcast Productions - https://jagpodcastproductions.com/

The value of Roth dollars surrounds taxation , flexibility, and choice. In today's episode, Amy Walls breaks down Roth accounts - how they are set up, how they work, and what limitations the government has put on them.

We also look at other aspects of Roth accounts, including Roth conversions, the "back door Roth," and employer-sponsored Roth plans.

Finally, Amy busts the myths surrounding Roths, including when to contribute and the various tax implications.

As always, you should talk with an advisor who focuses on comprehensive financial planning. They can actually measure the impact of these changes so you can know the impact today, and the impact in the future.

Links:

Thimbleberry Financial Website

Email Thimbleberry Financial

Call Thimbleberry Financial at 503-610-6510

To get in touch with Amy and her team at Thimbleberry Financial, call 503-610-6510 or visit thimbleberryfinancial.com.

The ThimbleberryU Podcast is produced by JAG Podcast Productions - https://jagpodcastproductions.com/

The market has been high for awhile, and this causes anxiety for many investors.   Today, Amy explains how to keep market volatility in perspective, including:

• Understanding your fears
• Being aware of market influencing factors
• How to be proactive
• Remembering what you control and influence
• The bright side of a downturn (yes, there are some).

Links:

Thimbleberry Financial Website

Email Thimbleberry Financial

Call Thimbleberry Financial at 503-610-6510

To get in touch with Amy and her team at Thimbleberry Financial, call 503-610-6510 or visit thimbleberryfinancial.com.

The ThimbleberryU Podcast is produced by JAG Podcast Productions - https://jagpodcastproductions.com/

Clients often come to financial advisers to discuss investments, but why is it a good idea to also discuss insurance?

In today's episode, Amy Walls explains the importance of including your insurance needs in your overall financial plan - and just how personal insurance is for her.

Links:

Thimbleberry Financial Website

Email Thimbleberry Financial

Call Thimbleberry Financial at 503-610-6510

To get in touch with Amy and her team at Thimbleberry Financial, call 503-610-6510 or visit thimbleberryfinancial.com.

The ThimbleberryU Podcast is produced by JAG Podcast Productions - https://jagpodcastproductions.com/

Tax Diversification is an important thing to think about as we close in on the end of 2019.

Tax Diversification is really a 3-point triangle - Amy explains how this analogy works.

In our first episode, we also cover the approach and importance of tax diversification, including some common misconceptions.

There are some common pitfalls associated with tax-free vehicles.

Finally, Jon and Amy ask the proverbial question: "Should everyone have each type of investment?"

Links:

Thimbleberry Financial Website

Email Thimbleberry Financial

Call Thimbleberry Financial at 503-610-6510

To get in touch with Amy and her team at Thimbleberry Financial, call 503-610-6510 or visit thimbleberryfinancial.com.

The ThimbleberryU Podcast is produced by JAG Podcast Productions - https://jagpodcastproductions.com/

Amy Walls of Thimbleberry  Financial believes in helping clients find a vision for their financial future. Once that vision is established, she helps paint that picture.

To get in touch with Amy and her team at Thimbleberry Financial, call 503-610-6510 or visit thimbleberryfinancial.com.

The ThimbleberryU Podcast is produced by JAG Podcast Productions - https://jagpodcastproductions.com/