Safe Haven $olutions

In this episode of the Safe Haven Solutions Podcast, Larry Kallevig and Kim discuss how to make the most of leftover 529 college savings funds, including new rollover options to Roth IRAs under the SECURE Act 2.0, changing beneficiaries, funding K–12 tuition, apprenticeships and even paying down student loans. They also highlight the importance of keeping beneficiaries up to date and making informed, tax-efficient decisions as part...

In this episode of the Safe Haven Solutions Podcast, Larry and Kim are joined once again by CPA Lance Larson to tackle one of the biggest retirement moves: selling the family home. Whether you are looking to downsize in Minnesota or head south for warmer weather, the tax ramifications of a home sale can be significant if you aren't prepared.

Lance explains the critical differences between primary residence exclusions—where married ...

In this special tax-season episode of the Safe Haven Solutions Podcast, Larry and Kim pull Lance Larson, CPA, away from his desk to discuss how to keep more of your hard-earned money out of Uncle Sam’s pockets. Lance breaks down the concept of "forced income"—like pensions and Social Security—and explains the "perfect tax scenario" where you can collect Social Security and pull from Roth accounts without giving a single cent to the...

In this episode of the Safe Haven Solutions Podcast, Larry Kallevig explains why your own financial security is the ultimate gift to your family. Drawing from a sobering recent client story about the sudden, high costs of long-term care, Larry discusses the two-fold benefit of stability: ensuring you aren't a burden to your children and making sure your hard-earned legacy doesn't end up in the hands of attorneys or Uncle Sam.

From ...

In this episode of the Safe Haven Solutions Podcast, Larry Kallevig and Kim dive into why retirement isn’t just an individual milestone—it’s a family team sport. Larry shares personal insights into educating the next generation of his own family and discusses the common (and sometimes stressful) reality of couples who aren't on the same page financially.

The conversation covers the critical importance of open communication, the "nu...

In this episode of the Safe Haven Solutions Podcast, Larry Kallevig and Kim discuss common vulnerabilities that can derail retirement, including running out of money, taking on too much market risk, overpaying in fees and neglecting estate planning. Larry shares real client examples that highlight the importance of understanding what you own, what you are paying and whether your strategy truly fits your stage of life. The conversat...

In this episode of the Safe Haven Solutions Podcast, Larry Kallevig and Kim discuss how unexpected expenses can disrupt even the best retirement plans and what to do when you need to rebuild your emergency savings. Larry shares real client examples and practical strategies such as tax efficient withdrawals, smart reallocation, budgeting, negotiating expenses and even part time work to restore liquidity and peace of mind. The conver...

In this episode of the Safe Haven Solutions Podcast, Larry Kallevig and Kim discuss how to build reliable income in retirement by coordinating Social Security, pensions and tax efficient portfolio withdrawals. They also cover the impact of inflation, rising healthcare costs, emergency savings and long term care planning, emphasizing why proactive and comprehensive planning is essential to protect your lifestyle, your assets and you...

In this episode of the Safe Haven Solutions Podcast, Larry Kallevig and Kim discuss what it really means to feel financially comfortable in retirement. Larry shares highlights from a recent client event featuring Dr. Mark Milstein and emphasizes the connection between health and wealth.

They also break down the key pillars of retirement comfort—consistent income, risk planning, tax strategy, and having all aspects of your financial...

In this episode of the Safe Haven Solutions Podcast, Larry Kallevig and Kim are joined by CPA Lance Larsen to discuss common tax mistakes retirees make and the strategies that can help keep more money in their pockets. From withdrawing too much—or too little—from retirement accounts to missing opportunities within lower tax brackets, the team shares real-life examples of proactive planning done right. They also explore the broader ...

In this episode of the Safe Haven Solutions Podcast, Larry Kallevig and Kim are joined by CPA Lance Larsen to discuss newly introduced child investment accounts designed to help families build long-term wealth for the next generation. Established under recent legislation, these accounts allow contributions for children regardless of earned income and even include government seed funding for those born within a specific window. The ...

In this episode of the Safe Haven Solutions Podcast, Larry Kallevig and Kim are joined by CPA Lance Larsen to break down how 401(k)s and IRAs are taxed in retirement. They explain the difference between traditional and Roth accounts, the long-term impact of tax-deferred growth, and how large withdrawals can trigger higher tax brackets, Social Security taxation, and increased Medicare premiums. The conversation also covers required ...

In this episode of the Safe Haven Solutions Podcast, Larry Kallevig and Kim are joined by CPA Lance Larsen to break down key tax updates from the “Big Beautiful Bill.” They discuss the new enhanced senior deduction, income phase-outs, and how Social Security is taxed under current rules.The team also highlights why tax planning shouldn’t stop after April 15th and how the 2028 sunset provisions create a limited window for proactive ...

In this episode of the Safe Haven Solutions Podcast, Larry Kallevig, Kim, and insurance specialist Glenn Ramey wrap up the discussion by highlighting some of the most common insurance mistakes retirees make and how to avoid them. They discuss underestimating healthcare costs, missing Medicare enrollment deadlines, delaying long-term care planning, failing to review life insurance policies, and overlooking beneficiary updates. The c...

In this episode of the Safe Haven Solutions Podcast, Larry Kallevig and Glenn Ramey break down one of the most misunderstood retirement tools: annuities. They explain what annuities are, why they are issued through insurance companies, and how different types including fixed, fixed indexed, variable, and immediate annuities work. The conversation addresses common misconceptions, the role financial marketing plays in confusion, and ...

In this episode of the Safe Haven Solutions Podcast, Larry Kallevig and insurance specialist Glenn Ramey take a deep dive into how life insurance fits into retirement planning. They break down the different types of life insurance including term, whole life, and universal life, and explain how each can serve a purpose at different stages of life. The discussion highlights how life insurance can be used not only for income replaceme...

In this episode of the Safe Haven Solutions Podcast, Larry Kallevig and Kim are joined by insurance specialist Glenn Ramey to break down one of the most confusing parts of retirement planning: insurance. The conversation explores how healthcare costs, Medicare, long-term care, life insurance, and annuities fit into a well-rounded retirement strategy. Glenn explains why insurance has evolved beyond its traditional role, how it can h...

In this episode of the Safe Haven Solutions Podcast, Larry Kallevig and Kim discuss why budgeting and cost awareness play a critical role in retirement preparedness. The conversation explores how spending habits, inflation, healthcare costs, liquidity, and emergency planning can significantly impact how long your savings last. Larry explains why retirement planning is about more than investment performance—it’s about balance, educa...

In this episode of the Safe Haven Solutions Podcast, Larry Kallevig breaks down the key ages and milestone dates that can have a major impact on your retirement plan. From 401k catch-up contributions and penalty-free withdrawals to Social Security timing, Medicare enrollment, required minimum distributions, and tax deadlines, the conversation highlights why knowing these dates matters. Larry explains how proactive planning helps re...