Episode Synopsis "Deductible Medical Expenses"

Americans are always seeking opportunities to save on their taxes, and with healthcare costs for retirees continuing to rise, medical expenses are an often untapped area for tax savings. Donna and Nathan discuss how to identify which medical expenses are deductible, and which are not. Also on MoneyTalk, questions you should ask your financial advisor, and some unique retirement lifestyle choices. Hosts: Donna Sowa Allard, CFP®, AIF® & Nathan Beauvais, CFP®, CIMA®; Air Date: 8/22/2024. Have a question for the hosts? Visit sowafinancial.com/moneytalk-radio to join the conversation!See omnystudio.com/listener for privacy information.

Listen "Deductible Medical Expenses"

More episodes of the podcast Don Sowa's MoneyTalk

• Why Money is Flowing Against the Market
• Estate Planning Failures
• Non-Retirement Account Strategies
• How Presidents Impact the Market
• The Rise of the Nasdaq
• The Surge in Smaller Business
• Who’s Tax Policy Will Win?
• What Do I Do With My 401(k)?
• Deductible Medical Expenses
• The Anti-Annuity Movement
• Sorting Out Social Security
• Mortgaging Our Future
• Black Friday 1869
• The Downside of 0% Income Tax States
• Reducing Your RMD
• The Evolution of Financial Priorities
• Umbrella Insurance & Kids with Credit Cards
• Back 2 Basics
• New IRS Guidance on Inherited IRAs
• Tax Smart Withdrawal Strategies
• Estate Planning Mistakes
• 100 Years of Stock Returns
• Is it Time for a Roth Conversion?
• Inherited IRA Pitfalls
• Exotic Investments
• What Traits Make a Good Advisor?
• Inherited Accounts
• The Cash Trap
• Client Portfolio Nightmares
• An Efficient Approach to Retirement Income