Shows
ThimbleberryUFinancial Planning AND Weatlh Management - Why Both?Welcome to episode 100 of ThimbleberryU, where we're diving into the integration of financial planning and wealth management at Thimbleberry Financial. Amy and Jag are also reflecting on the journey of the podcast over the past four years.Amy emphasizes the importance of combining financial planning and wealth management. Financial planning is not solely about investment management.She highlightsthe various elements involved, such as goal identification, cashflow, debt management, insurance, real estate, education, retirement, estate planning, and taxes. All of these components are like pieces of a puzzle, with each piece interlocking to create a complete financial picture.2023-12-0413 minThimbleberryUReal Tacos Can Not Contain Eggplant - A Guide to Roth DistributionsAmy Walls of Thimbleberry Financial likes to talk about "rainy" and "sunny" times when it comes to personal finance. Taking distributions from a Roth account can be one of the sunny times, if you follow the rules.First we recap the ways we can contribute to a Roth IRA. They are:Contributions – annual contribution put directly into a Roth IRA. Directly is the key word here. Conversions – This is money put into a traditional IRA, or 401(k) or 403(b) and then converted into a Roth. There are two types:Pre-tax: an employer plan that is rolled over i...2021-01-0413 min