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Wealth Redefined®

Written by: Michael Reynolds
  • Summary

  • Practical discussions and insights on money with a modern and socially conscious approach to building wealth. Hosted by Michael Reynolds, CERTIFIED FINANCIAL PLANNER™ (CFP®) and Principal of Elevation Financial.
    Copyright Elevation Financial
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Episodes
  • E220: Can I Withdraw From My IRA for a Down Payment on a Home?
    May 1 2024
    Are you dreaming of buying a new home but struggling to come up with enough money for a down payment? If you have an IRA, you might be tempted to dip into it to fund your dream. But can you actually withdraw money from your IRA for a down payment on a home?
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    11 mins
  • E219: Understanding 401(k) Loans – How They Work and When to Consider One
    Apr 24 2024
    If you've ever wondered whether you can borrow from your 401(k), the answer is likely yes, but it comes with a host of considerations. Before you consider borrowing from your 401(k), you need to understand the mechanics of 401(k) loans, the potential downsides, and the risks involved.
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    9 mins
  • E218: What Home Improvements Increase Cost Basis (And Why You Should Care)
    Apr 17 2024
    By maintaining detailed records of all home improvements, you can maximize your chances of increasing your adjusted costs basis as much as possible when selling your home, which can minimize the capital gains taxes you might pay.
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    11 mins

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