Prairiewood Wealth Management

Most people know you can contribute up to $24,500 to a 401(k) each year. Far fewer know the IRS actually allows total contributions of up to $72,000.

The mega back-door Roth strategy is designed to take advantage of that gap by allowing high-income earners to contribute up to $47,500 of additional after-tax dollars into a Roth account each year, with no income limits and all future growth permanently tax-free!

In this month's blog post and podcast episode, we break down exactly how the strategy works, what plan features are required, and what lifetime tax savings can look like when the strategy is executed consistently over time.

If you've maxed out your standard 401(k) contributions and are looking for meaningful ways to keep building tax-free retirement savings, this month’s blog and podcast is worth checking out.

Thanks for tuning in!

EP 56: The Mega Back-Door Roth: Supercharging Tax-Free Savings | Prairiewood Wealth Management The standard 401(k) contribution limit most people know is only a fraction of what is allowed. Learn how to maximize your tax-free savings!

Looking for a smart, low-cost way to access cash from your investments without triggering capital gains?

In this episode, we break down box spread loans - a lesser-known strategy that allows investors to access liquidity from their portfolio at highly competitive rates (currently under 4%). We explain how box spreads work, why institutional investors have used them for years, and when they may be a smarter alternative to traditional lending options.

We also discuss key considerations, including potential tax treatment of the interest expense, practical use cases (like bridging a home purchase or avoiding the realization of capital gains), and how to structure a box spread loan to reduce the risk of a margin call if markets fluctuate.

If you’re looking for flexible, low-cost financing without disrupting your long-term investment strategy, this is an episode you won’t want to miss.

Thanks for tuning in!

EP 54: How The Wealthy Borrow - Box Spread Loans | Prairiewood Wealth Management Did you know that box spread loans provide competitive rates and potential tax benefits? Check out our podcast to learn more.

Are your finances prepared for 2026?

In this episode, we break down key lessons from 2025, including why valuations matter, how a large number of investors are highly exposed to risk through S&P 500 concentration, and why diversification remains critical for long-term planning.

We also look ahead to 2026, covering updated IRS contribution limits, catch-up contribution changes, and major planning considerations tied to the One Big Beautiful Bill Act - from tax brackets and deductions to charitable and estate planning strategies.

As financial complexity grows, staying informed, managing risk, and coordinating tax and investment decisions has never been more important. This conversation is designed to help you plan confidently for 2026 and beyond. Thanks for listening!

EP 52: Your Finances in 2026: What You Need To Know! | Prairiewood Wealth Management Is your financial plan ready for the changes coming in 2026? Check out this podcast episode to learn how to prepare!

Retirement planning isn’t just about finances; it’s about healthcare too!

With Medicare enrollment approaching, many retirees wonder how Medicare works and what coverage they really need.

In this episode, we break down Medicare Parts A, B, C, and D, explain the differences between Medicare Advantage and Medigap plans, and walk through key enrollment periods to help you avoid costly penalties. We also cover premiums, deductibles, IRMAA surcharges, and common misconceptions about Medicare coverage.

Whether you’re turning 65, continuing to work past retirement, or exploring your healthcare options, we think you’ll enjoy this podcast episode. Thanks for listening!

EP 49: Medicare – What You Need To Know! | Prairiewood Wealth Management Medicare explained: Parts A–D, Medigap, enrollment deadlines, and strategies to manage retirement healthcare costs.

The One Big Beautiful Bill Act (OBBBA) is now law, but will it increase or decrease what you owe in taxes... and by how much?

In this month’s podcast, we break down three family scenarios with real life tax calculations and comparisons.

You’ll learn who benefits, where phaseouts and limitations come into play, and why proactive planning is more important than ever.

If you’re wondering what the OBBBA means for you and want to see real life calculations, we think you’ll enjoy this month’s podcast. Thanks for listening!

EP 48: Will The “One Big Beautiful Bill” Save You Money? | Prairiewood Wealth Management Will you save money with the One Big Beautiful Bill? Check out our podcast to see three specific scenarios!