Tag: Wealth Management

2021 FEATURE IMAGE
Here’s What You Need To Know About The SECURE 2.0 Act (Ep. 19)

Here’s What You Need To Know About The SECURE 2.0 Act (Ep. 19)

By |

Get ready to kick off the start of season 2 of Beyond Your Money with an in-depth look at the SECURE 2.0 Act (Setting Every Community Up For Retirement Enhancement).

In this episode, Mike Dukovich is back to share its ins and outs, which entail a significant update to the retirement savings landscape. 

The original SECURE bill was signed into law in 2019, and its successor, the SECURE 2.0 Act, was signed into law on December 29, 2022. While there are numerous changes introduced by this bill, Mike focuses on the ones that are particularly relevant to his clients.

Mike discusses:

  • The changes to the required minimum distribution (RMD) age and how that may impact you
  • The role of potential tax saving strategies when it comes to the SECURE 2.0 Act
  • The expansion of catch-up contribution limits
  • If you don’t see it, you don’t miss it: The value of saving for retirement 
  • What you need to know about student loan payments and college savings
  • And more!

Connect with Mike Dukovich:

Investment and insurance products offered through RBC Wealth Management are not insured by the FDIC or any other federal government agency, are not deposits or other obligations of, or guaranteed by, a bank or any bank affiliate, and are subject to investment risks, including possible loss of the principal amount invested.

RBC Wealth Management does not provide tax or legal advice. All decisions regarding the tax or legal implications of your investments should be made in connection with your independent tax or legal advisor. No information, including but not limited to written materials, provided by RBC WM should be construed as legal, accounting or tax advice.

RBC Wealth Management, a division of RBC Capital Markets, LLC, registered investment adviser and Member NYSE/FINRA/SIPC.

Podcast: Play in new window | Download | Embed

Subscribe: Spotify | iHeartRadio | RSS | More

2021 FEATURE IMAGE
The Mortgage Process with Kevin Giza

The Mortgage Process with Kevin Giza

By |

When going through the process of obtaining a mortgage, you likely have a lot of questions. Like, what type of mortgage should you apply for, and at what term?

In this episode, Mike Dukovich sits down with Kevin Giza, president of The Giza Group, at Crosscountry Mortgage, LLC as they discuss mortgages. Kevin shares his knowledge of how the process works, what you need to know before beginning the process, and some tips on how to help you become the successful buyer of a home.

Kevin discusses:

  • What pre-qualification is, what it does, and how long it lasts
  • What you need to prepare ahead of time before beginning the mortgage process
  • The job of the underwriter and the processor
  • Types of mortgages and how they work
  • When refinancing makes sense
  • And more

Connect With Mike Dukovich:

About Our Guest:

Kevin is the president of the Giza Group and he’s the originating branch manager for the Pittsburgh office of Cross Country Mortgage, LLC. Kevin has been recognized as a top producing loan officer in Pittsburgh and nationally for many years, with numerous corporate awards, industry nominations and features in various publications over the last 20 years in the industry.

Podcast: Play in new window | Download | Embed

Subscribe: Spotify | iHeartRadio | RSS | More

DO NOT USE
The Universal Truths in Wealth Management, Part One

The Universal Truths in Wealth Management, Part One

By |

There are universal truths that you should be following that can help you make better and more informed decisions with your money.

In this episode, Mike Dukovich takes you through some of his own personal universal truths he has developed. Mike walks you through these truths and helps you understand what you need to know to make better decisions.

In this episode, you will learn:

  • The importance of saving earlier rather than saving more later
  • How to use the 50,30,20 Rule when budgeting
  • The difference between good debt and bad debt
  • How to identify how much money you will need in retirement
  • Why you should be aware of people in your life telling you what to do with your money
  • And more!

Tune in now to begin your journey towards learning some universal truths to wealth management and start being smarter with your money!

Resources:  RBC Wealth Management | (724) 933-4446 | michael.dukovich@rbc.com

Podcast: Play in new window | Download | Embed

Subscribe: Spotify | iHeartRadio | RSS | More

DO NOT USE
The Misconceptions of Annuities Addressed – with Michael Clark

The Misconceptions of Annuities Addressed – with Michael Clark

By |

For one reason or another, people tend to have misconceptions or confusion around the topic of annuities and whether or not they make sense in a wealth plan. 

In this episode, Mike Dukovich is joined with Michael Clark, divisional annuity consultant with RBC, as they discuss all things annuity! Mike shares an in-depth look at annuities and provides information about when each type might be beneficial. 

In this episode, you will learn:

  • What is an annuity? 
  • The types of annuities and how they work 
  • The pros and cons to using an annuity in your wealth plan 
  • Adding a living benefit rider to your annuity 
  • And more!

Tune in now to discover how annuities work, and if using one might be beneficial for your wealth plan.

Resources:  RBC Wealth Management | (724) 933-4446 | michael.dukovich@rbc.com | Michael Clark

Podcast: Play in new window | Download | Embed

Subscribe: Spotify | iHeartRadio | RSS | More

DO NOT USE
The Psychology Behind Your Financial Decisions

The Psychology Behind Your Financial Decisions

By |

Whenever you make a decision to enter or pull out of the market, there is behavioral psychology behind it. This psychology could be leading you to make the wrong decisions! 

In this episode, Mike Dukovich uses his background in psychology to speak about some of the most common biases that exist when making financial decisions. Mike talks about each bias, tells you what you can do so it doesn’t impact you, and provides an important lesson from each! 

In this episode, you will learn:

  • The concept of herding  
  • Availability bias in relation to finances  
  • Loss aversion and how it impacts investors  
  • The bias of confirming your wants 
  • And more!

Tune in now to join Mike as he uncovers some of the most common biases that our human psychology presents that could impact your decisions when it comes to money! 

Resources:  RBC Wealth Management | (724) 933-4446 | michael.dukovich@rbc.com

Podcast: Play in new window | Download | Embed

Subscribe: Spotify | iHeartRadio | RSS | More

DO NOT USE
The Importance of Staying Organized, Part Two – with Guest Jill Yesko

The Importance of Staying Organized, Part Two – with Guest Jill Yesko

By |

It’s possible to keep your memories alive while reducing clutter throughout your home — getting rid of physical items doesn’t mean you have to lose connection to the memories. 

In this episode, Mike Dukovich is joined once again by Jill Yesko, the Founder and President of Discover Organizing. Together, they dive deeper into organizing clutter and reveal the memories that can contribute to collecting. 

In this episode, you will learn:

  • How to start a conversation about organizing with friends and family
  • The importance of organizing memories as well as objects
  • The steps involved in a virtual declutter
  • The benefits of financial organizing
  • And more!

Discover the benefits of hiring a professional organizer, physically or virtually, in this episode of Beyond Your Money Podcast!

Resources:  RBC Wealth Management | (724) 933-4446 | michael.dukovich@rbc.com | The Importance of Staying Organized, Part One

Podcast: Play in new window | Download | Embed

Subscribe: Spotify | iHeartRadio | RSS | More

DO NOT USE
The Importance of Staying Organized, Part One – with Guest Jill Yesko

The Importance of Staying Organized, Part One – with Guest Jill Yesko

By |

Have you ever wondered what a Professional Organizer could do for you? 

In this episode of the Beyond Your Money Podcast, Mike Dukovich speaks with Jill Yesko, the Founder and President of Discover Organizing.  Together they dive into conversation about how a professional organizer could help you with your personal and financial life.

In this episode, you will learn:

  • How you can manage your financial mail and what you should be keeping  
  • Jill’s story to creating Discover Organizing  
  • What exactly a Professional Organizer does 
  • How Professional Organizers can help you manage your financial documents
  • And more!

Tune in now to the first part of the Importance of Staying Organized series to discover what exactly the role of a Professional Organizer is and how they might help you keep better track of your finances. 

Resources:  RBC Wealth Management | (724) 933-4446 | michael.dukovich@rbc.com | 

Podcast: Play in new window | Download | Embed

Subscribe: Spotify | iHeartRadio | RSS | More

DO NOT USE
The Financial Flow Chart

The Financial Flow Chart

By |

Have you ever wondered where to put your discretionary investable dollars, and in what order?

In this episode of the Beyond Your Money Podcast, Mike Dukovich provides a financial flowchart that will help guide you on what to fund and when. Mike breaks down a financial strategy that fits into every stage of life.

In this episode, you will learn:

  • In what order to put your money away
  • How to break your budget down into 3 basic categories
  • What the difference is between good and bad debt
  • When the best time to fill your financial buckets is
  • And more!

Tune in now to hear more about the financial flow chart with Mike Dukovich

Resources:    RBC Wealth Management | (724) 933-4446 | michael.dukovich@rbc.com

Podcast: Play in new window | Download | Embed

Subscribe: Spotify | iHeartRadio | RSS | More

DO NOT USE
Active vs. Passive Investments / Trusts with Attorney Jay Hagerman

Active vs. Passive Investments / Trusts with Attorney Jay Hagerman

By |

Ever wonder about trusts? There is so much conflicting information out there about trusts that it can be overwhelming.

In this episode of the Beyond your Money podcast Mike Dukovich talks about an ongoing debate by discussing the pros and cons between active and passive investments. Then, while going ‘Beyond Your Money’ he is joined by attorney Jay Hagerman of Abernathy & Hagerman – Elder Law. Mike and Jay dive into a specific estate planning tool; the trust – what are trusts, why they are utilized and who they make sense for.

In this episode, you will learn:

  • The various types of trusts 
  • The components and the various parties involved
  • What kind of rules you can create in your trust
  • When and who should consider a trust
  • And more!

Tune in now to hear more about this important building block for your estate with Mike Dukovich and Jay Hagerman.

Resources:    RBC Wealth Management | (724) 933-4446 | michael.dukovich@rbc.com

Podcast: Play in new window | Download | Embed

Subscribe: Spotify | iHeartRadio | RSS | More

DO NOT USE
Dollar Cost Averaging and The Elements of Estate Planning

Dollar Cost Averaging and The Elements of Estate Planning

By |

Mike discusses dollar cost averaging, and then helps navigate a critical element of a comprehensive wealth plan by reviewing the elements of estate planning.

In this episode of the Beyond Your Money Podcast, Mike Dukovich talks about the investment strategy called dollar cost averaging.  He then discusses the basics of estate planning, as he walks you through the fundamentals with attorney Jay Hagerman, managing partner of the firm Abernethy and Hagerman. Mike and Jay will discuss why your estate plan is an important part of your overall comprehensive wealth plan.

In this episode, you will learn:  

  • What dollar cost averaging is, and when it makes sense
  • What does estate planning mean  
  • Who needs a plan and when is the best time to create one
  • Why beneficiary designation is so very important
  • If you don’t have an estate plan what happens
  • And more!

Tune in to learn more about Mike’s approach and consider what it would be like to work together!

Resources:  RBC Wealth Management: (724) 933-4446 | michael.dukovich@rbc.com | Abernethy and Hagerman

Podcast: Play in new window | Download | Embed

Subscribe: Spotify | iHeartRadio | RSS | More

Archives

Categories