Catching Up to FI

This mid-week episode is the recording of a session done with the smart women of the WE (Women Empowered) Wealth Collective, titled: What Every Woman Should Know About Minimizing Taxes in Retirement. ‘Catching Up to FI’ co-host and author of ‘F.I.R.E for Dummies', Jackie Cummings Koski, CFP®, AFC®, continues through an easy to follow checklist of tax considerations in retirement. She demo-drives 72(t) and RMD calculators, live-shops the ACA site to score premium tax credits, and shows how Medicare surcharges work.  Topics for the series include: * Age-band tax checklist (pre-55, 55-65, 65-75, 75+) * Separating "macro" worry (markets, policy) from micro action (what you control) * Early withdrawal strategies  (Rule of 55/50, 72(t) / Equal Payments, HSAs, Affordable Care Act/Tax Credits, Brokerage Accounts, ect) * Tax Minimizing tips during normal retirement (Social Security, Medicare Surcharge, Increased Standard Deduction, Balancing account types) * Later in life considerations (RMDs, Qualified Charitable Distribution, Inheritances, ect)   This is the second part of a two-part series and part 1 aired last Wednesday. This session references visuals from a presentation that is better viewed on youtube or you can follow along using this slide deck [https://drive.google.com/file/d/1KXqwCPf5Z9f2u7J9O2s9Xsq76aRQacMU/view?usp=sharing].   Disclaimer for this session: The intent of this session is open discussion about money topics that makes us all a little smarter. The content is for general education and information purposes only, and is not providing financial, legal, or tax advice. Always do your own research or consult a professional before making important decisions.   🌐 Visit Catching Up to FI website  [https://catchinguptofi.com/] 🔗Connect with us [https://linktr.ee/cutfi] 📩 Sign up for our newsletter  [https://catchinguptofi.com/contact-us/#newsletter] ☕ Like what you hear on Catching Up to FI? Support the show at "Buy Me a Coffee" [https://www.buymeacoffee.com/catchinguptofi]  🎙️We love hearing from you! Record a Voice Message with your feedback or question Record a Voice Message with your feedback or question [https://catchinguptofi.com/contact-us/#voicemail]   ===DEALS & DISCOUNTS FROM OUR TRUSTED PARTNERS=== 🎓 Student Loan Planner [https://studentloanplanner.com/catchingup]: Get a custom student loan plan from our CFP®, CFA and CSLP® professionals. They charge a one-time fee for their thorough review. Our listeners receive $100 off a 1:1 consult using the link below. Flat fee is normally $595, but after your $100 off ‘Catching Up to FI’ discount, it's $495. 👉🏼 Be sure to use this link: studentloanplanner.com/catchingup  [https://studentloanplanner.com/catchingup]   📈 Boldin (formerly NewRetirement) [https://go.boldin.com/catchingup]: Retirement planning software that's like having a financial advisor at your fingertips. You can get started with the free version or choose the premium option (PlannerPlus) and get a 14-day free trial.   👉🏼 Be sure to use this link to get started:  Go.boldin.com/catchingup [https://go.boldin.com/catchingup]   Personal Finance Club: [https://courses.personalfinanceclub.com/?ref=0114d0] Use code CUTOFI to get $30 OFF any course or PFC investing course only [https://courses.personalfinanceclub.com/courses/build-wealth-by-investing-in-index-funds?ref=0114d0]   Nectarine: [https://hellonectarine.com/r/cutfi] Advice-Only and Flat-Fee Hourly Fiduciary Financial Advisors (Catching Up to FI will be compensated by Nectarine if you use our affiliate link, which creates an incentive and conflict of interest. We are not current clients or employees of Nectarine.)   For a full list of current deals and discounts from our partners, sponsors and affiliates, click here: catchinguptofi.com/our-partners [https://catchinguptofi.com/our-partners/]   RESOURCES MENTIONED ON THE SHOW: (As an Amazon Associate, I earn from qualifying purchases.) WE Wealth Collective (Facebook Group) [https://www.facebook.com/share/g/1DYhYi8Qy3/] WE Wealth Collective is a group dedicated to empowering women to take control of their finances, cultivate abundance in every aspect of life, and live boldly on their own terms.    🌐JackieCummingsKoski.com [https://www.finomenalwoman.com/] 📕F.I.R.E. For Dummies [https://a.co/d/0HOZCrG] 📘Money Letters 2 My Daughter [https://a.co/d/3vEjlt6] Jackie’s EconoMe Talk [https://youtu.be/J7xm4RCV4i0?si=oZcPgVPi6TG-WfCP] Sarah Catherine “SC” Gutierrez [https://www.ladysplainingmoney.com/] Sarah Catherine “SC” Gutierrez talk at EconoMe [https://youtu.be/jHbuyMEJ6uk?si=L4JXKLe-t400R_r4] Official IRS Tax Code & Publications [https://www.irs.gov/] 📗But First, Save 10 [https://a.co/d/651BdsE] Official IRS Tax Code & Publications [https://www.irs.gov/] Healthcare.gov – ACA Enrollment & Subsidy Calculator [https://www.healthcare.gov/see-plans] 72tCalc.com [https://72tcalc.com/] Dinkytown.net [https://www.dinkytown.net/]   ⏰ ‘Catching Up to FI’ Episodes Mind Blowing ways to Maximize Your Health Savings Account (HSA) | Jeff York | 98 [https://www.youtube.com/watch?v=8vaUH8UfPTQ&t=480s] Maximizing HSAs Part 2: Devising Drawdowns, Badass Scenarios, Listener Questions | Jeff York | 99 [https://youtu.be/36S67X4s4pc?si=UzbaPS2qJcO3ri2W] https://youtu.be/36S67X4s4pc?si=UzbaPS2qJcO3ri2W [https://youtu.be/36S67X4s4pc?si=UzbaPS2qJcO3ri2W] 72(t) Expert Tells All: No More Secrets About Early Withdrawals (Part 1) | Bill Stecker | 131 [https://www.youtube.com/watch?v=26iTM1x5gy0&t=203s] Cashing in on 72(t): The Goldmine of Early Retirement Rules (Part2) | Bill Stecker | 133 [https://www.youtube.com/watch?v=8T5SUm2oykA]  Social Security Made Simple | Mike Piper | 054 [https://www.youtube.com/watch?v=V2qgbgWaPDs&t=27s] Life & Taxes | Sean Mullaney | 013 [https://www.youtube.com/watch?v=VKT1Vs7QrGA] Attorney Spilling all the Legal Tea on Estate Planning | Jenny Rozelle | 121 [https://youtu.be/MqjAuAL5fwQ?si=MJcWqQJySnmydP8x]     If you enjoyed this episode, please follow the show on your podcast player and leave us a rating or review. If you want to watch, be sure to subscribe to our YouTube Channel [https://www.youtube.com/@CatchingUptoFI/videos]. This helps others find the show and keeps us creating great content for you!   ⚠️Disclaimer: Our content is for general education and information purposes only. We are not providing financial, legal, or tax advice. Always do your own research or consult a professional before making important decisions.

Mention financial independence and one of the first names that come up is JL Collins, author of the bestselling book 'The Simple Path to Wealth'. In fact, he is affectionately known as the Godfather of FI. One million copies and 10 years after its original publication, JL back with a shiny new, revised and expanded edition... and it just hit the New York Times Bestseller list!!! We know you've heard and seen JL all over the place because he is a BIG deal. But we uncovered some intriguing facts about his life and career that isn't often talked about (we're just curious like that). Here are five things you probably didn’t know about JL Collins that we discuss in this episode: 1. Before he ever started writing about financial independence, he worked in the magazine publishing industry.  2. He was a job-hopper throughout his career to make more money and took lots of sabbaticals because he liked working, just not all the time. 3. He started writing his blog to teach is daughter (Jessica) about investing, problem was… she wasn't listening when she was a kid. 4. His daughter (Jessica) is now in her thirties and turns out, she has gained a deep understanding of his teachings (way more than he originally thought). She’s now firmly on the path to FI and just left her corporate job. 5. His daughter Jessica was part of his team in updating the new version of ‘The Simple to Wealth’ and getting to work so closely with her was the most gratifying part for him as a dad.   📩 Sign up for our newsletter [https://catchinguptofi.com/contact-us/#newsletter]  NEW! 🌐 Visit Catching Up to FI website  [https://catchinguptofi.com/] 🔗Connect with us [https://linktr.ee/cutfi] ☕ Like what you hear on Catching Up to FI? Support the show at "Buy Me a Coffee" [https://www.buymeacoffee.com/catchinguptofi]  🎙️We love hearing from you! Record a Voice Message with your feedback or question Record a Voice Message with your feedback or question [https://catchinguptofi.com/contact-us/#voicemail]   ===DEALS & DISCOUNTS FROM OUR TRUSTED PARTNERS=== 🎓 Student Loan Planner [https://studentloanplanner.com/catchingup]: Get a custom student loan plan from our CFP®, CFA and CSLP® professionals. They charge a one-time fee for their thorough review. Our listeners receive $100 off a 1:1 consult using the link below. Flat fee is normally $595, but after your $100 off ‘Catching Up to FI’ discount, it's $495. 👉🏼 Be sure to use this link: studentloanplanner.com/catchingup  [https://studentloanplanner.com/catchingup]   📈 Boldin (formerly NewRetirement) [https://go.boldin.com/catchingup]: Retirement planning software that's like having a financial advisor at your fingertips. You can get started with the free version or choose the premium option (PlannerPlus) and get a 14-day free trial.   👉🏼 Be sure to use this link to get started:  Go.boldin.com/catchingup [https://go.boldin.com/catchingup]   Personal Finance Club: [https://courses.personalfinanceclub.com/?ref=0114d0] Use code CUTOFI to get $30 OFF any course or PFC investing course only [https://courses.personalfinanceclub.com/courses/build-wealth-by-investing-in-index-funds?ref=0114d0]   Nectarine: [https://hellonectarine.com/r/cutfi] Advice-Only and Flat-Fee Hourly Fiduciary Financial Advisors (Catching Up to FI will be compensated by Nectarine if you use our affiliate link, which creates an incentive and conflict of interest. We are not current clients or employees of Nectarine.)   For a full list of current deals and discounts from our partners, sponsors and affiliates, click here: catchinguptofi.com/our-partners [https://catchinguptofi.com/our-partners/]   RESOURCES MENTIONED ON THE SHOW: (As an Amazon Associate, I earn from qualifying purchases.) 🌐JLCollinsnh.com [https://jlcollinsnh.com] 📗 The Simple Path to Wealth (Revised & Expanded 2025 Edition & NYT Best Seller!) : Your Road Map to Financial Independence and a Rich, Free Life [https://amzn.to/4kFGdTM] 📕 Pathfinders: Extraordinary Stories of People Like You on the Quest for Financial Independence—and How to Join Them [https://amzn.to/4kHHKbS] 📘 How I Lost Money in Real Estate Before It Was Fashionable: A Cautionary Tale [https://amzn.to/4dVJb3O]   ⏰ ‘Catching Up to FI’ Episodes referenced Pathfinders: Triumphs and Trials on the Road to Financial Independence | JL Collins | 070 [https://directory.libsyn.com/episode/index/show/965474e8-0ed6-4527-a513-26a270f7ae31/id/30691623] Pathfinders: Stories of Success and Financial Independence | JL Collins | 069 [https://directory.libsyn.com/episode/index/show/965474e8-0ed6-4527-a513-26a270f7ae31/id/30691613] F-You Money Part 2 | JL Collins | 024 [https://directory.libsyn.com/episode/index/show/965474e8-0ed6-4527-a513-26a270f7ae31/id/27348945] F-You Money Part 1 | JL Collins | 023 [https://directory.libsyn.com/episode/index/show/965474e8-0ed6-4527-a513-26a270f7ae31/id/27348759] Mr 4% is now Mr 5% | Bill Bengen | 111 [https://directory.libsyn.com/episode/index/show/965474e8-0ed6-4527-a513-26a270f7ae31/id/34176745] Sustainable FIlosophy with Mr. Money Mustache | Pete Adeney | 073 [https://directory.libsyn.com/episode/index/show/965474e8-0ed6-4527-a513-26a270f7ae31/id/31063508]   If you enjoyed this episode, please follow the show on your podcast player and leave us a rating or review. If you want to watch, be sure to subscribe to our YouTube Channel [https://www.youtube.com/@CatchingUptoFI/videos]. This helps others find the show and keeps us creating great content for you!   ⚠️Disclaimer: Our content is for general education and information purposes only. We are not providing financial, legal, or tax advice. Always do your own research or consult a professional before making important decisions.

Tax talk without the snooze-fest! This mid-week episode is the recording of a session done with the smart women of the WE (Women Empowered) Wealth Collective, titled: What Every Woman Should Know About Minimizing Taxes in Retirement. ‘Catching Up to FI’ co-host and author of ‘F.I.R.E for Dummies' Jackie Cummings Koski, CFP®, AFC®, turns this insightful discussion into a masterclass on trimming Uncle Sam's tab at every phase of retirement. Jackie rewinds to her own FIRE (Financial Independence, Retire Early) journey: the divorce-day "401(k) gap" that lit her savings rocket, supersizing her HSA past $200,000, and hitting FI at 49 with a 40% savings rate. Expect plain-English breakdowns, plenty of ‘there are no dumb questions’ crowd chat, and Jackie's trademark mix of CFP level and girlfriend realness. Topics for the series include: * Age-band tax checklist (pre-55, 55-65, 65-75, 75+) * Separating "macro" worry (markets, policy) from micro action (what you control) * Early withdrawal strategies  (Rule of 55/50, 72(t) / Equal Payments, HSAs, Affordable Care Act/Tax Credits, Brokerage Accounts, ect) * Tax Minimizing tips during normal retirement (Social Security, Medicare Surcharge, Increased Standard Deduction, Balancing account types) * Later in life considerations (RMDs, Qualified Charitable Distribution, Inheritances, ect) This is part one of a two-part series and the second part will be aired next Wednesday (6/18/25). This session references visuals from a presentation that is better viewed on youtube or you can follow along using this slide deck [https://drive.google.com/file/d/1KXqwCPf5Z9f2u7J9O2s9Xsq76aRQacMU/view?usp=sharing].   Disclaimer for this session: The intent of this session is open discussion about money topics that makes us all a little smarter. The content is for general education and information purposes only, and is not providing financial, legal, or tax advice. Always do your own research or consult a professional before making important decisions.     🌐 Visit Catching Up to FI website  [https://catchinguptofi.com/] 🔗Connect with us [https://linktr.ee/cutfi] 📩 Sign up for our newsletter  [https://catchinguptofi.com/contact-us/#newsletter] ☕ Like what you hear on Catching Up to FI? Support the show at "Buy Me a Coffee" [https://www.buymeacoffee.com/catchinguptofi]  🎙️We love hearing from you! Record a Voice Message with your feedback or question Record a Voice Message with your feedback or question [https://catchinguptofi.com/contact-us/#voicemail]   ===DEALS & DISCOUNTS FROM OUR TRUSTED PARTNERS=== 🎓 Student Loan Planner [https://studentloanplanner.com/catchingup]: Get a custom student loan plan from our CFP®, CFA and CSLP® professionals. They charge a one-time fee for their thorough review. Our listeners receive $100 off a 1:1 consult using the link below. Flat fee is normally $595, but after your $100 off ‘Catching Up to FI’ discount, it's $495. 👉🏼 Be sure to use this link: studentloanplanner.com/catchingup  [https://studentloanplanner.com/catchingup]   📈 Boldin (formerly NewRetirement) [https://go.boldin.com/catchingup]: Retirement planning software that's like having a financial advisor at your fingertips. You can get started with the free version or choose the premium option (PlannerPlus) and get a 14-day free trial.   👉🏼 Be sure to use this link to get started:  Go.boldin.com/catchingup [https://go.boldin.com/catchingup]   Personal Finance Club: [https://courses.personalfinanceclub.com/?ref=0114d0] Use code CUTOFI to get $30 OFF any course or PFC investing course only [https://courses.personalfinanceclub.com/courses/build-wealth-by-investing-in-index-funds?ref=0114d0]   Nectarine: [https://hellonectarine.com/r/cutfi] Advice-Only and Flat-Fee Hourly Fiduciary Financial Advisors (Catching Up to FI will be compensated by Nectarine if you use our affiliate link, which creates an incentive and conflict of interest. We are not current clients or employees of Nectarine.)   For a full list of current deals and discounts from our partners, sponsors and affiliates, click here: catchinguptofi.com/our-partners [https://catchinguptofi.com/our-partners/]   RESOURCES MENTIONED ON THE SHOW: (As an Amazon Associate, I earn from qualifying purchases.) WE Wealth Collective (Facebook Group) [https://www.facebook.com/share/g/1DYhYi8Qy3/] WE Wealth Collective is a group dedicated to empowering women to take control of their finances, cultivate abundance in every aspect of life, and live boldly on their own terms.    🌐JackieCummingsKoski.com [https://www.finomenalwoman.com/] 📕F.I.R.E. For Dummies [https://a.co/d/0HOZCrG] 📘Money Letters 2 My Daughter [https://a.co/d/3vEjlt6] Jackie’s EconoMe Talk [https://youtu.be/J7xm4RCV4i0?si=oZcPgVPi6TG-WfCP] Sarah Catherine “SC” Gutierrez [https://www.ladysplainingmoney.com/] Sarah Catherine “SC” Gutierrez talk at EconoMe [https://youtu.be/jHbuyMEJ6uk?si=L4JXKLe-t400R_r4] Official IRS Tax Code & Publications [https://www.irs.gov/] 📗But First, Save 10 [https://a.co/d/651BdsE] Official IRS Tax Code & Publications [https://www.irs.gov/] Healthcare.gov – ACA Enrollment & Subsidy Calculator [https://www.healthcare.gov/see-plans] 72tCalc.com [https://72tcalc.com/] Dinkytown.net [https://www.dinkytown.net/] ⏰ ‘Catching Up to FI’ Episodes Mind Blowing ways to Maximize Your Health Savings Account (HSA) | Jeff York | 98 [https://www.youtube.com/watch?v=8vaUH8UfPTQ&t=480s] Maximizing HSAs Part 2: Devising Drawdowns, Badass Scenarios, Listener Questions | Jeff York | 99 [https://youtu.be/36S67X4s4pc?si=UzbaPS2qJcO3ri2W] 72(t) Expert Tells All: No More Secrets About Early Withdrawals (Part 1) | Bill Stecker | 131 [https://www.youtube.com/watch?v=26iTM1x5gy0&t=203s] Cashing in on 72(t): The Goldmine of Early Retirement Rules (Part2) | Bill Stecker | 133 [https://www.youtube.com/watch?v=8T5SUm2oykA]  Social Security Made Simple | Mike Piper | 054 [https://www.youtube.com/watch?v=V2qgbgWaPDs&t=27s] Life & Taxes | Sean Mullaney | 013 [https://www.youtube.com/watch?v=VKT1Vs7QrGA] Attorney Spilling all the Legal Tea on Estate Planning | Jenny Rozelle | 121 [https://youtu.be/MqjAuAL5fwQ?si=MJcWqQJySnmydP8x] If you enjoyed this episode, please follow the show on your podcast player and leave us a rating or review. If you want to watch, be sure to subscribe to our YouTube Channel [https://www.youtube.com/@CatchingUptoFI/videos]. This helps others find the show and keeps us creating great content for you!   ⚠️Disclaimer: Our content is for general education and information purposes only. We are not providing financial, legal, or tax advice. Always do your own research or consult a professional before making important decisions.

Wall Street has us all on edge right now, so we called in one of the smartest people we know when it comes to stock market to help us make sense of it all, Sam Stovall. Sam is CFRA's Chief Strategist and a market historian that knows his stuff! He joins us in this episode to discuss: * What stock market history tells us about the shaky situation we're in today  * What tariffs really have to do with the stock market and economy  * The 'rebalance' rule  * Mid-term election tailwinds  * Where the federal reserve fits into all of this   📩 Sign up for our newsletter [https://catchinguptofi.com/contact-us/#newsletter]  NEW! 🌐 Visit Catching Up to FI website  [https://catchinguptofi.com/] 🔗Connect with us [https://linktr.ee/cutfi] ☕ Like what you hear on Catching Up to FI? Support the show at "Buy Me a Coffee" [https://www.buymeacoffee.com/catchinguptofi]  🎙️We love hearing from you! Record a Voice Message with your feedback or question Record a Voice Message with your feedback or question [https://catchinguptofi.com/contact-us/#voicemail]   ===DEALS & DISCOUNTS FROM OUR TRUSTED PARTNERS=== 🎓 Student Loan Planner [https://studentloanplanner.com/catchingup]: Get a custom student loan plan from our CFP®, CFA and CSLP® professionals. They charge a one-time fee for their thorough review. Our listeners receive $100 off a 1:1 consult using the link below. Flat fee is normally $595, but after your $100 off ‘Catching Up to FI’ discount, it's $495. 👉🏼 Be sure to use this link: studentloanplanner.com/catchingup  [https://studentloanplanner.com/catchingup]   📈 Boldin (formerly NewRetirement) [https://go.boldin.com/catchingup]: Retirement planning software that's like having a financial advisor at your fingertips. You can get started with the free version or choose the premium option (PlannerPlus) and get a 14-day free trial.   👉🏼 Be sure to use this link to get started:  Go.boldin.com/catchingup [https://go.boldin.com/catchingup]   Personal Finance Club: [https://courses.personalfinanceclub.com/?ref=0114d0] Use code CUTOFI to get $30 OFF any course or PFC investing course only [https://courses.personalfinanceclub.com/courses/build-wealth-by-investing-in-index-funds?ref=0114d0]   Nectarine: [https://hellonectarine.com/r/cutfi] Advice-Only and Flat-Fee Hourly Fiduciary Financial Advisors (Catching Up to FI will be compensated by Nectarine if you use our affiliate link, which creates an incentive and conflict of interest. We are not current clients or employees of Nectarine.)   For a full list of current deals and discounts from our partners, sponsors and affiliates, click here: catchinguptofi.com/our-partners [https://catchinguptofi.com/our-partners/]   RESOURCES MENTIONED ON THE SHOW: (As an Amazon Associate, I earn from qualifying purchases.) Charity- W!SE (Working in Support of Education) [https://www.wise-ny.org/] 🌐CFRA Research [https://www.cfraresearch.com/] 📗The Seven Rules of Wall Street [https://amzn.to/4kP6EGf] 📕Standard & Poor's Sector Investing [https://amzn.to/3T6dxa9] 📘Stock Trader's Almanac [https://amzn.to/3T6dxa9] BetterInvesting.org [https://www.betterinvesting.org/] National Bureau of Economic Research [https://www.nber.org/]   ⏰ ‘Catching Up to FI’ Episodes referenced Catching Up to FI in Uncertain Times | Bill & Jackie | 138 [https://directory.libsyn.com/episode/index/show/965474e8-0ed6-4527-a513-26a270f7ae31/id/36250610] Bonus Episode: The Market is Crashing, Now What? | Bill & Jackie | 135 [https://directory.libsyn.com/episode/index/show/965474e8-0ed6-4527-a513-26a270f7ae31/id/36032180]   If you enjoyed this episode, please follow the show on your podcast player and leave us a rating or review. If you want to watch, be sure to subscribe to our YouTube Channel [https://www.youtube.com/@CatchingUptoFI/videos]. This helps others find the show and keeps us creating great content for you!   ⚠️Disclaimer: Our content is for general education and information purposes only. We are not providing financial, legal, or tax advice. Always do your own research or consult a professional before making important decisions.

We just hit 1 Million Podcast Downloads... that puts us in the top 1% of podcasts world wide!!! And we have you to thank 💞 This is a special message from Bill and Jackie to everyone that helped the podcast grow to this level. We are so grateful for the support and looking forward to the next million downloads with our regular Sunday episodes and occasional pop-up episodes on Wednesdays.  🌐 Visit Catching Up to FI website  [https://catchinguptofi.com/] 🔗Connect with us [https://linktr.ee/cutfi] 📩Sign up for our newsletter  [https://catchinguptofi.com/contact-us/#newsletter] ☕ Like what you hear on Catching Up to FI? Support the show at "Buy Me a Coffee" [https://www.buymeacoffee.com/catchinguptofi]  🎙️We love hearing from you! Record a Voice Message with your feedback or question Record a Voice Message with your feedback or question [https://catchinguptofi.com/contact-us/#voicemail]   ===DEALS & DISCOUNTS FROM OUR TRUSTED PARTNERS=== For a full list of current deals and discounts from our partners, sponsors and affiliates, click here: catchinguptofi.com/our-partners [https://catchinguptofi.com/our-partners/]   If you enjoyed this episode, please follow the show on your podcast player and leave us a rating or review. If you want to watch, be sure to subscribe to our YouTube Channel [https://www.youtube.com/@CatchingUptoFI/videos]. This helps others find the show and keeps us creating great content for you!   ⚠️Disclaimer: Our content is for general education and information purposes only. We are not providing financial, legal, or tax advice. Always do your own research or consult a professional before making important decisions.