FYR019: Financial Planning Tips for a New Year with Chris Wagner

As we approach 2025, it’s great time to plan for a financially strong year ahead. In this podcast, Vector Advisor, Chris Wagner discusses Required Minimum Distributions (RMDs), Qualified Charitable Distributions (QCDs), and explores Roth conversions.

Chris also reminds us to review beneficiary designations to ensure they align with your wishes.

Did you know:

• The gift tax exclusion increases to $19,000 in 2025.
• For charitably inclined individuals, a donor-advised fund may offer tax benefits and flexibility.
• Higher limits on HSA’s may help maximize health savings.

Chapters:

• 0:03 - Introductions & 2025 Planning
• 0:16 - Required Minimum Distribution
• 1:15 - Qualified Charitable Distributions
• 2:31 - Roth Conversions
• 3:16 - Beneficiary Designations
• 3:52 - Gift Planning
• 4:20 - Donor Advised Fund
• 5:04 - HSA - Health Savings Account
• 5:22 - Wrap Up
• 5:55 – Regulatory

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All content discussed in our podcasts, videos, or related blog articles is for informational purposes and should not be construed as individualized financial advice.

Learn more: vectorwealth.com/regulatory

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