WealthCare Webinar
Build a Compelling Financial Plan Online for $49.95
How to Make Your Money Count $49.95 Online Special
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Check out our Planning Resources
Before you enroll, take a quick look at the Syllabus for our Fall 2020 Online Personal Finance Course. Take advantage of the Early Bird Special, only $49.95 for a limited time only!
The 3 Laws of Personal Finance
The 3 Laws of Personal Finance is a short video I like to send students before each semester of Personal Finance. Every college graduate can become a millionaire by age 50 by obeying 3 laws of personal finance.
WealthCare Webinar | Create a Compelling Financial Plan Online
Money Study Group
$49.95 Open Enrollment
Personal Finance Online
Students get access to our Financial Planning Portal sponsored by BayRock Financial. For 90 Days — for the duration of the Online course in Personal Finance, you’ll have access to one of the best financial planning platforms available on Wall Street with no additional cost — the premium planning portal is provided by BayRock Financial and its being made available as part of your enrollment in Money Study Group.
Login to Planning Portal
Financial Planning
BayRock Planning Portal
At BayRock, we believe every family deserves a quality financial plan – and every plan starts with a Blueprint.
After the first meeting, we encourage every client to take advantage of our favorite technology tool. The BayRock Planning Portal is powered by Right Capital.
Its what we use to deliver Smarter Strategies and Better Results for IRA and 401k Investors.
Make Your Money Count
Make Your Money Count
featuring…
The Blueprint for Financial Success™
Featuring Make Your Money Count by Jim Munchbach, CFP®
What Matters Most
Make Your Money Count, connecting your resources to What Matters Most (your vision, values, and purpose). Start here…
Powered by Purpose
The Process
At BayRock, we believe every family deserves a quality financial plan and every plan starts with a Blueprint.
The Blueprint for Financial Success™
Money Study Group Online Resources
Social Security
Benefits
Social Security is one of the more complicated decisions that you must consider. There are a multitude of rules that can have a significant impact on the amount you will receive each month.
Social Security
Planning Checklist
Will My Social Security Benefit Be Reduced
Social Security is one of the more complicated decisions that you must consider. There are a multitude of rules that can have a significant impact on the amount you will receive each month.
To help make it easier, we have created the “Will My Social Security Benefit Be Reduced?” flowchart. It is based on the Social Security Administration’s guide “Retirement Benefits”. It addresses common issues related to claiming social security:
- How to determine Full Retirement Age (FRA)
- Effects of marriage and divorce
- Implications of collecting before FRA vs. collecting at FRA vs. collecting after FRA
- Annual limits
- Impact if continuing to work
- How benefits will be taxed
- Updated for 2020
SECURE Act
You may have unique circumstances that result in a possible impact on the taxes (and penalties) that must be paid if a distribution is taken from your Traditional IRA.
*Roth IRA distribution rules are slightly different.
SECURE Act
IRA Distributions
Will A Distribution From My Traditional IRA Be Penalty Free
You may have unique circumstances that result in a possible impact on the taxes (and penalties) that must be paid if a distribution is taken from your Traditional IRA. The exceptions to the usual distribution rules can be hard to remember especially since many exceptions rarely come up.
To help make this easier, we have created the “Will A Distribution From My Traditional IRA Be Penalty Free?” This flowchart helps to quickly identify unique situations that could have an impact on how a distribution is taxed (and penalized):
- Implications for IRAs with nondeductible IRA contributions
- Conditions that trigger the 10% early distribution penalty.
- Situations that avoid the 10% early distribution penalty
- Updated for 2020 (including The SECURE ACT)
