Gigago provides travelers with unparalleled global data connectivity with its virtual SIM card solutions. Now, Gigago has renewed its partnership with major Thailand mobile network operator DTAC.
Gigago is pleased to announce the renewal of its strategic partnership with DTAC, one of the forefront mobile network operators in Thailand. This partnership renewal underscores Gigago’s commitment to providing excellent service in popular tourist destinations such as those found in areas across Thailand.
Gigago launched in 2022 with a mission of providing seamless, premier quality connectivity for international travelers through eSIM cards. Gigago has innovated the travel eSIM market and thus far has more than one million users with eSIM packages for more than 200 countries and territories around the world in areas including Asia, Europe, Oceania, Africa, and the Americas. These packages allow travelers to instantly connect with local mobile networks for continuity in service as they travel. Gigago continues to forge new partnerships with mobile carriers around the world to ensure the height of quality for international travelers who need to use their phones on the go.
The success of the DTAC partnership is just one example of Gigago’s continuing commitment to collaborating with major mobile carriers to achieve a seamless eSIM resolution for international travelers. All Thailand eSIM packages by Gigago come with a Thai phone number, and there are various plans to choose from including fixed data allowances to unlimited data. High speed mobile internet ensures that users can enjoy 5G during their travels. See all the benefits now by visiting https://gigago.com/esim/thailand/.
According to Nguyen Quang Chuan, COO and co-founder of Gigago, “Our renewed partnership with DTAC is a pivotal step in Gigago’s mission to revolutionize global connectivity. By enhancing our eSIM offerings for Thailand, we’re not just improving service quality; we’re transforming the travel experience for millions of visitors. This collaboration exemplifies our commitment to innovation and customer-centric solutions, setting a new standard for seamless, affordable mobile connectivity for international travelers.”
With a growing team, a user base of 1+ million, and new partnerships with mobile carriers around the world, Gigago continues to simplify global connectivity and empower travelers. Learn more now by visiting https://gigago.com/about-us/.
ABOUT GIGAGO
Gigago is the premier eSIM service provider, offering virtual SIM cards that give users freedom from high roaming charges with global data connectivity for all travelers.
Media Contact Company Name: Gigago Limited Email:Send Email Phone: 1 657-571-1199 City: MONG KOG Country: HongKong Website:https://gigago.com/
Moon Young Kim, Research Fellow at the Center for the Study of Space Crime, Piracy, and Governance (CSCPG)
Research focus will include piracy and organized criminal activities in space by actors in the Indo-Pacific region
LOS ANGELES – October 8, 2024 – The Center for the Study of Space Crime, Piracy, and Governance (CSCPG), an independent, nonpartisan think tank, today announced that Moon Young Kim has joined the organization as a Fellow focusing on Asia research. Kim’s research interests focus on the intersection of human factors, cybersecurity, and the Indo-Pacific region, including piracy and criminal activities in space by Asian actors.
“We are delighted that Moon Young will be working with us on research regarding the potential for space crime and piracy in Asia,” said Marc Feldman, Executive Director of CSCPG and co-author of the upcoming book Space Piracy: Preparing for a Criminal Crisis in Orbit (Wiley, 2025). “Our goal is to drive important policy dialogues related to irregular threats to American space assets — a sphere in which Asia tends not to get the kind of attention it deserves. We believe Moon Young will be able to make a significant contribution to these efforts.”
Moon Young recently served as a consultant to the Center for New American Security’s (CNAS) Technology and National Security Program. Prior to taking a ten-year caregiving break, she was an Adjunct Fellow for CNAS’ Indo-Pacific Security Program, focusing on the North Korea threat. She also served as a Research Associate for the East Asia Program at the Stimson Center, as well as a Graduate Associate for the Korea Institute.
“I am excited to be working with the CSCPG team and to contribute novel research regarding the space domain,” said Moon Young.
Moon Young is currently a PhD candidate in Systems Engineering at the University of Virginia. She also possesses master’s degrees in systems engineering from the University of Virginia and in East Asian Languages & Civilizations from Harvard University. She graduated with a bachelor’s degree in Diplomatic History from the University of Pennsylvania.
About The Center for the Study of Space Crime, Piracy, and Governance
The Center for the Study of Space Crime, Piracy, and Governance (CSCPG) is an independent, nonpartisan think tank whose purpose is to serve as a policy resource for government officials and business executives on issues related to space governance, sovereignty, commerce, law, crime, and piracy.
Media Contact Company Name: The Center for the Study of Space Crime, Piracy, and Governance (CSCPG) Contact Person: Hugh Taylor Email:Send Email Phone: (310) 383-7041 Country: United States Website:https://cscpg.org/
Cregis, a global pioneer in crypto asset infrastructure, has successfully concluded its participation in Token2049 in Singapore. As a sponsor and exhibitor, Cregis showcased its core products and technological advantages during this two-day event. Through in-depth interactions with numerous global enterprises, blockchain projects, and financial institutions, Cregis further solidified its global expansion strategy, particularly highlighting significant progress in the Southeast Asian market.
Cregis Founder: A Strong Signal for Global Expansion
For Cregis, Token2049 was not just a platform to showcase its technology and products, but also an opportunity to send a strong signal of global expansion.
Cregis founder and CEO Shawn Yan stated during a media interview at the summit: “Our global expansion is not only to meet regional market demands but also to adapt to the ever-changing trends in the global crypto asset management industry. Leveraging our technical expertise and extensive experience, Cregis aims to help businesses tackle the complexities and security challenges of digital asset management, offering a more secure, transparent, and efficient operational model.”
Shawn further added: “As the global trend of crypto assets accelerates, market reach and product adaptability are becoming increasingly important. Cregis will continue to focus on technological innovation, providing secure, efficient solutions, and actively driving global development. Through open-source technology and shared innovations, we will work closely with our ecosystem partners to drive the continuous progress of the industry.”
Focusing on Client Pain Points and Introducing Innovative Solutions
During interactions with participating companies, the Cregis team introduced its core products, including self-custody wallets, Wallet-as-a-Service (WaaS) APIs, and a crypto payment engine, demonstrating how these offerings solve security and operational efficiency challenges in crypto asset management.
Many companies face the challenge of balancing security with operational simplicity in crypto transactions. Cregis, through automation and self-custody technology, eliminates these pain points while significantly enhancing overall operational efficiency.
By removing the need for third-party custody, Cregis mitigates trust issues and ensures both security and flexibility in managing large-scale crypto assets. With its leading technology, Cregis has served over 3,500 global enterprise clients and safeguarded assets worth more than $60 billion. These services cater to crypto exchanges, asset management firms, cross-border payment companies, and large financial institutions.
As one of the world’s most influential summits, Token2049 attracted tens of thousands of global participants, with Cregis emerging as a focal point in crypto infrastructure. From day one, the Cregis booth drew a constant flow of visitors, including industry leaders and technical experts eager to learn more. Interactive demonstrations showcased the advantages of Cregis’ core technologies, particularly in improving the security and efficiency of crypto asset management.
Startups and large enterprises alike expressed strong interest in Cregis’ solutions, looking forward to future collaboration in asset management, security enhancement, and payment solutions. The continuous buzz around the Cregis booth underscored its growing influence in the industry.
Innovation Leading the Future: Cregis’ Next Decade
Cregis’ successful appearance at Token2049 not only highlights its technological prowess in crypto infrastructure but also sets the stage for long-term collaboration with this prestigious global summit. Cregis CEO Shawn commented, “Token2049 is not just a platform for showcasing our innovations; it’s a key venue for building global partnerships. We are committed to continuing our participation in global events like Token2049 to advance the progress of the crypto asset management industry.”
Cregis’ technology not only enhances the security and efficiency of enterprise crypto asset management but also plays a vital role in driving the global development of Web3. As its global expansion continues, Cregis will make significant strides in open-source technology, cross-border collaboration, and industry innovation, leading the way in the evolution of crypto infrastructure.
In Guiyang, the capital of Guizhou Province in southwestern China, local music enthusiasts organize and host themed roadside concerts every weekend in various corners of the city. With support from the local government, they set up stages, play music, filling the streets with lively tunes and dance. On weekend evenings, visitors from across China and abroad can unwind at various stages throughout the city. From upbeat rhythms to more tranquil melodies, Guiyang’s streets turn into a musical playground where everyone can discover their own perfect vibe. This has earned Guiyang the nickname “City of Music Lovers”.
These free, open-air events, known as the Guiyang Roadside Concerts, are spontaneously organized by music enthusiasts and the public each weekend from Zhucheng Square to the bustling commercial areas and scenic spots. During major Chinese holidays like Spring Festival, May Day, and National Day, special themed performances add an extra layer of festivity, ensuring that music and dance flow seamlessly through the holiday season. Whether it’s a holiday or just an ordinary weekend, the concerts ensure that everyone visiting the city enjoy the happiness that music brings to the soul. Audiences can enjoy performances from local artists, bands from across China, and international talents from the United States, Europe, Hong Kong, and Macau. Moreover, these concerts aren’t just for professional artists—local aspiring musicians also have the chance to step into the spotlight. Through singing contests and talent showcases, everyday people can perform on stage, share their love for music, and connect with like-minded fans, building friendships through the shared joy of music.
Axel Zajac, the bassist of the German band Malstrom, and his band were invited to perform at the Guiyang Roadside Concerts in August this year. Their special jazz-rock concert electrified the crowd and received unanimous praise from local music professionals. Reflecting on the experience, Axel shared that it was the best show of their China tour, thanks to the vibrant atmosphere and unique energy of the Guiyang street concert.
Since its launch, the free-admission Guiyang Roadside Concerts have attracted widespread attention from the public and media. In 2024 alone, over five million visitors from both China and overseas have attended the live performances. Online, the concerts have reached a staggering audience of over 10 billion impressions, spreading the magic of Guiyang’s musical culture far and wide through social media and media outlets.
Driven by the Guiyang Roadside Concerts, music’s charm permeates every corner of this City of Music Lovers. Whether singing along with thousands at a plaza performance, finding a quiet moment of harmony at a public piano in the subway, or jamming with friends over a late-night street food stall, Guiyang offers countless ways to experience musical joy. The Guiyang Roadside Concerts have not only become a source of joy for visitors but have transformed the city into a living symphony, where every corner offers its own melody, and the spirit of music weaves together lives, cultures, and stories, spreading Guiyang’s charm across China and beyond.
ViennaCC, the multifaceted artist known for his infectious energy and unwavering positivity, is thrilled to announce the release of his latest Album “Welcome to Club Mirage“. With a career that spans decades, ViennaCC embodies the “never give up” spirit, bringing a fresh and vibrant sound to the international music scene.
ViennaCC’s music is a high-energy blend of dance, pop, and rock, with a touch of dubstep that adds a unique twist to his compositions. His commitment to melody is evident in every track, ensuring that each song is not only catchy but also deeply resonant. This dedication to crafting memorable melodies, combined with top-notch production quality, makes ViennaCC’s music a perfect fit for international radio. His ability to capture human emotions in his melodies has earned him several Top Ten hits in the EuroIndie and WorldIndieMusic charts, with his music being played on radio stations worldwide.
“Music is a universal language that can uplift and inspire,” says ViennaCC. “I want my songs to bring joy and positivity to listeners everywhere, encouraging them to embrace life with a YOLO (You Only Live Once) attitude.”
The new album showcases ViennaCC’s versatility and creativity, featuring tracks that are both energetic and emotionally engaging by storytelling. Each song is a showpup of his skill as a musician, composer and producer, highlighting his ability to blend different genres seamlessly.
ViennaCC’s positive mindset and YOLO attitude are not just themes in his music but also principles he lives by. With this new release, ViennaCC continues to push the boundaries of musical expression, delivering a sound that is both innovative and timeless.
In addition to music, ViennaCC is an accomplished visual artist, creating imaginative picture creations not only in his Music Videos but also in his surreal drawings. He produces music videos that enhance the musical experience, transcending language and cultural barriers. His artistic endeavors showcase his versatility and boundless creativity, making him a true luminary in the world of music and art.
The album contains twelve songs. “Weekend Mood” is a standout track that perfectly encapsulates the essence of the album. With its steampunk organ, heavy drums, and ViennaCC’s expressive vocals, this song is an anthem for anyone looking to embrace the weekend spirit. The celebratory lyrics and the creatively crafted music video make “Weekend Mood” not just a song, but a complete artistic experience.
Where to go on weekend? ViennaCC knows the one and only lovation: “Club Mirage” combines powerful musical elements with thought-provoking lyrics and a visually stunning music video (coming later). The heavy drums and bass create an irresistible beat, while the trumpet section adds a unique twist. The song offers a commentary on modern social experiences, making it both entertaining and reflective. The steampunk-themed music video further enhances the experience, drawing viewers into a world of steampunk where the party never stops.
To keep it short here only two other tracks: ”Shopping Queen,” which humorously describes a woman who dedicates her life to shopping where he let her say “I am shopping therefor I am”; and “Here Comes the Attraction” an activating action song that keeps the energy high.
ABOUT
This multifaceted individual, proficient as a Pop musician, composer, and producer, epitomizes the art of musical transmutation, converting sound into visceral emotion and immersive encounters.
ViennaCC’s musical oeuvre is a tapestry woven from diverse threads of inspiration. From the classical elegance of Mozart’s Vienna to the avant-garde experimentation of modern electronic music, his compositions traverse genres,mainly pop, rock and dance, with fluidity and finesse. In his sonic explorations, ViennaCC paints with a palette of sound, blending elements of rock, pop, electronica, and classical motifs into seamless compositions that defy categorization.
One of ViennaCC’s most remarkable talents lies in his ability to capture the ineffable essence of human emotion within the confines of musical notation. His melodies speak a universal language, evoking feelings of joy, sorrow, longing, and triumph with every note. ViennaCC’s music resonates deeply with listeners. No wonder that he had a eleven TopTen hits in EuroIndieand WorldIndieMusic charts, including number one hits. ViennaCC is played by radio stations all over the world – all continents.
ViennaCC also creates music videos for his songs, where each video beckons viewers to embark on a journey of musical discovery. At the heart of ViennaCC’s videos lies a deep passion for creativity.
Luv, a board game that explores the chaotic and unpredictable world of 21st-century romance, has officially launched on Kickstarter. Created by Prarthana and Noah Spanninga, Luv promises to bring the laughter and drama of today’s dating scene straight to your game night. The game is designed for 4-10 players aged 16+ and offers a hilarious and interactive adventure where players must navigate relationships, complete secret objectives, and outsmart their opponents to win.
Set against the backdrop of modern dating, Luv combines humor, strategy, and a series of unexpected plot twists. Players will compete to achieve their unique relationship goals while dealing with breakups, hookups, and dramatic “Gossip” moments that can change the course of the game, making every game session unique and memorable.
“With Luv, we wanted to create a fun and engaging way to capture the rollercoaster of emotions and situations people experience while dating today,” said Prarthana Spanninga, co-creator of Luv. “It’s a game that’s as unpredictable as love itself, and we hope it resonates with players who’ve experienced the ups and downs of modern romance.”
Key Features of Luv:
Hilarious Gameplay: Players are thrust into a fast-paced dating scene where they must convince, strategize, and navigate their way to victory—all while keeping their secret goals hidden.
Plot Twists and Surprises: Landing on “Date” or “Torture” squares adds unexpected twists to the game, ensuring no two rounds are the same.
Unique Character and Goal Cards: Each player receives a character card and a secret goal card, making every game a unique experience, as players balance their objectives with the unpredictable actions of their fellow players.
Interactive Fun: Convince other players to date, marry, or hook up with you, but beware—relationships in Luv are never straightforward!
“Backers of our Kickstarter campaign will not only get the first edition of Luv, but they’ll also have access to exclusive rewards like the upcoming Torture and Date Expansion Pack,” added Noah Spanninga, co-creator of Luv.
The Kickstarter campaign will run through October 2024, with a goal of raising funds to finalize production and deliver the game’s first batch to backers by February 2025. Early supporters can choose from several limited-edition pledge levels, including exclusive game components and early shipping options.
About Luv
Luv is a party board game that brings the unpredictable and often hilarious world of modern dating to life. Designed for players aged 16 and up, it offers a satirical and strategic approach to relationships, making it the perfect addition to any game night. The game was created by Prarthana and Noah Spanninga, inspired by their personal experiences with dating in today’s world.
XIFEI, a leading brand in the cigar accessories industry, is proud to introduce its latest range of high-quality cigar humidors. Known for its dedication to innovation, craftsmanship, and the unique needs of cigar enthusiasts, XIFEI continues to push the boundaries with products that combine functionality, elegance, and superior performance. The company’s new collection features three distinct humidor designs, each tailored to meet the diverse preferences of cigar lovers while enhancing the overall cigar storage experience.
The first in this exceptional lineup is the Carbon Fiber Cigar Humidor, a sophisticated storage solution featuring a sleek carbon fiber texture and glossy finish. Capable of holding between 25 to 60 cigars depending on their size, this humidor is lined with Spanish cedar wood, which helps maintain the perfect humidity and enhances the flavor of stored cigars. A built-in hygrometer ensures easy monitoring of humidity levels, while a glass window allows users to observe their cigars at a glance. Complete with essential accessories like a durable cigar cutter, acrylic cigar stand, and dedicated ashtray, this humidor offers a comprehensive storage and cigar maintenance solution.
Another standout is the Aluminium Alloy Cigar Case, designed with a sturdy and stylish exterior, complete with a convenient locking clasp. This cigar case ensures portability and protection, with an internal sponge lining that secures cigars during travel. Paired with this case is the XIFEI Torch Lighter, featuring a strong windproof blue flame, an ergonomic design for comfort, and a built-in cigar punch and draw enhancer for added convenience. Rounding out the collection is the Pull-Out Cigar Humidor, a unique and innovative storage solution that features a pull-out design, reducing humidity loss each time the humidor is opened. With a standing glass window and 12 cigar slots, users can easily display and monitor their cigars.
XIFEI is proud to provide high-quality cigar accessories that not only meet the expectations of cigar enthusiasts but also exceed them. As a leader in the industry, XIFEI is committed to continuous innovation and delivering superior products that enhance the cigar-smoking experience. Each item is crafted with precision and care, offering a perfect combination of functionality and luxury.
Media Contact Company Name: East Association Surplus Trade Co., Ltd. – Fei XI Contact Person: Fei XI Email:Send Email Phone: +86 18126003429 Country: China Website:https://shorturl.at/a5Uc0
Creative Biolabs is gearing up to lead the charge in oncolytic virus therapy research.
New York, USA – October 8, 2024 – Recent breakthroughs at the ESMO Congress 2024 in Barcelona, showcasing the promising potential of oncolytic viruses (OVs) in treating various cancers, including advanced melanoma, have further ignited interest in this innovative therapy. These engineered viruses, designed to infect and destroy tumor cells selectively, represent the forefront of cancer immunotherapy. As oncolytic virus therapy continues to gain momentum, leading biotech firms like Creative Biolabs are stepping up with unparalleled expertise and tools to advance research and therapeutic development in this area.
“Oncolytic virotherapy is no longer a distant dream. It’s rapidly becoming one of the most exciting developments in the fight against cancer. By genetically engineering viruses, scientists can create a therapy that not only halts cancer growth but also stimulates the body’s immune system to mount a stronger defense.” A scientist from Creative Biolabs says so.
But while the science is advancing, bringing these therapies from the lab to the clinic requires robust support systems—this is where Creative Biolabs comes in. Known for their all-encompassing services in the field of oncolytic virus therapy, they provide essential tools and expertise to help scientists and pharmaceutical companies bridge the gap between research and real-world application.
One of the key offerings of Creative Biolabs’ offerings is oncolytic virus construction that assists researchers in building customized OVs by introducing specific transgenes into viruses. This is no small feat—these modifications make the viruses highly specialized, allowing them to target and destroy cancer cells while leaving healthy cells intact. The oncolytic adenovirus construction kit and pre-made oncolytic viruses offered by Creative Biolabs make it easier than ever for labs to develop and test these therapies.
“Whether it’s adenoviruses, herpesviruses, or vesicular stomatitis viruses, we have the tools to ensure that researchers can create the ideal OV for their projects.” The scientist elaborates.
Adding to the momentum, a September publication in AACR titled “A Dual-Armed Oncolytic Virus Shows Clinical Efficacy in Advanced Solid Cancers” underscores OV therapy’s growing importance in the fight against cancer. Creative Biolabs, in addition to helping scientists build OVs, also excels in developing disease-specific oncolytic virotherapies, by tailoring their solutions to the unique challenges of each type of cancer. Such personalized touch makes a significant difference when treating heterogeneous diseases such as melanoma, breast cancer, or glioblastoma.
Beyond technical expertise, Creative Biolabs brings a consultative approach to their clients, providing insights and recommendations based on the latest research and clinical trials.
“We’re not just a vendor—we’re a partner in innovation, walking hand in hand with our clients to overcome the hurdles that inevitably arise in cutting-edge scientific research. From concept to construction to clinical translation, Creative Biolabs covers every base.” The scientist says.
As the field of oncolytic virotherapy continues to evolve, Creative Biolabs is positioning itself as the go-to resource for anyone serious about harnessing the power of viruses to treat cancer. Their comprehensive suite of services not only streamlines the development process but also enhances the likelihood of success in next stage trials. For the rest of 2024, a team of dedicated scientists will show up at the forthcoming industry exhibitions to share the latest advancements in biotech with peers.
* October 22nd, BioPharma Drug Discovery Nexus Conference
* November 4th, Annual World ADC San Diego
* December 15th, Antibody Engineering & Therapeutics (US) 2024
Liam’s new book hit best-seller lists on Amazon.com and ranked in the Kindle categories:#1 New Release-Sales and Selling Presentations#1 in Global Marketing#2 in Sales & Selling Presentations
Liam asks: “What if there were a way to close numerous deals with minimal effort? Welcome to your transformative guide that unveils essential strategies to qualify you to become a master salesperson. Whether you’re new to sales or a seasoned professional, this book offers a clear roadmap to unlock your full potential.”
The Closer’s Edge offers targeted solutions for common sales challenges:
Struggling Newbies will gain confidence and essential skills through step-by-step guidance and practical exercises, making navigating sales easy.
Stagnant Sales Pros will break through career plateaus with advanced strategies, revitalizing your success and achieving new levels of prosperity.
Inconsistent Performers will establish consistency in performance with the author’s systematic approach, eliminating difficulties for sustainable success.
Limited Closing Skills will be mastered by the art of closing deals effectively with insights into mastering persuasion, equipping you to seal deals confidently.
Fear of Rejection will be overcome with practical exercises and mindset shifts, developing resilience to pursue opportunities boldly.
The Closer’s Edge is the go-to resource for sales mastery, providing a clear path to unparalleled success. By addressing these pain points with precision and expertise, The Closer’s Edge serves as an indispensable resource for sales professionals at every stage of their careers, offering a clear path to mastery and unparalleled success in the world of sales.
Liam is the author of five books and serves as the CEO of Legacy Consultants LLC. He is also the owner of the Babe Ruth Bucket brand and the Exception2TheRule brand. With over 30 years of experience in finance and coaching, he trains more than 7,500 agents weekly teaching the Babe Ruth Bucket System. Additionally, Liam founded the Making The Difference Foundation, an outreach ministry. He is married to Angie, and together they have a blended family with nine children and 16 grandchildren.
Michelle Boyce, Vice President of Rosenzweig Financial Services, to discuss the concept of qualified funds. Michelle explains that qualified funds refer to retirement accounts such as 401(k)s, 403(b)s, IRAs, and SEPs, which are tax-deferred. This means that while contributions to these accounts are made pre-tax, taxes will be owed upon withdrawal during retirement. The conversation highlights the importance of understanding the nature of these funds and the implications of tax deferral for long-term financial planning.
Qualified funds, such as 401(k)s and IRAs, are vital components of many individuals’ retirement planning strategies. These accounts are classified as tax-deferred retirement accounts, meaning that contributions made to them are not taxed at the time of deposit. Instead, taxes are paid upon withdrawal, typically during retirement when individuals may find themselves in a lower tax bracket. This structure offers significant advantages for wealth accumulation but also presents challenges during the distribution phase, particularly due to the imposition of required minimum distributions (RMDs).
Tax-Deferred Growth: One of the primary advantages of qualified funds is the ability to grow investments without immediate tax implications. This allows for compounding growth over time, as the entire amount contributed can be invested rather than being reduced by taxes.
Employer Contributions: Many employers offer matching contributions to 401(k) plans, significantly enhancing the amount saved for retirement. This “free money” serves as an incentive for employees to participate in these plans.
Higher Contribution Limits: Compared to other retirement accounts, such as IRAs, 401(k)s have higher contribution limits. For instance, individuals can contribute up to $23,000 annually to a 401(k), while the limit for IRAs is currently $7,000. This allows for more substantial retirement savings.
Michelle explained: “While qualified funds like 401(k)s and IRAs offer significant benefits for accumulating wealth, they also come with challenges during the distribution phase, particularly due to RMDs. Understanding these dynamics and planning accordingly can help individuals maximize their retirement savings and minimize tax burdens.”
Qualified funds are essentially tax-deferred accounts designed to encourage saving for retirement. When individuals contribute to these accounts, they do so without paying taxes on the money at that moment. Instead, taxes are paid when the funds are withdrawn, usually during retirement when individuals may be in a lower tax bracket. However, this deferral can lead to significant tax liabilities later on, especially if the account has grown substantially over the years.
One of the key points Michelle explained is the importance of not over-contributing to qualified funds. While these accounts are excellent for accumulating wealth, they can be less advantageous when it comes to distributing that wealth. For instance, once individuals reach the age of 73 (or 75 for those born after 1960), they are required to take minimum distributions (RMDs) from their qualified accounts. This requirement can lead to unexpected tax burdens, especially if individuals do not need the funds at that time.
To mitigate the tax implications of RMDs, individuals can employ various strategies. One effective approach is to consider Roth conversions, which allow individuals to convert their traditional IRAs or 401(k)s into Roth accounts. This strategy can help reduce future RMDs, as Roth IRAs do not have RMD requirements. Additionally, individuals can choose to withdraw more than the RMD amount to reduce the overall balance in their qualified accounts, thereby minimizing future tax liabilities.
Michelle shared: “For the past 20 years I have been helping individuals plan and save for their retirement. I am excited for the opportunity to reach more people and have that same positive impact so they can have the peace of mind they are doing things correctly for their own goals and dreams.”
Michelle has over 20 years of experience in Financial Services and her main goal is to always focus on her client’s long-term financial planning strategy to optimize retirement income.
She prides herself on analyzing a financial situation, finding any potential issues, and creating adequate solutions to ensure her clients’ prosperous future. With her extensive insurance and planning experience, Michelle adds great knowledge to the already specialized team at RFS.
She has worked in various capacities in the financial industry from being part of top producer teams to teaching new financial advisors through agency leadership. Michelle’s passion is to help educate consumers by taking complex financial strategies and explaining them in an easy way to understand the concept. Michelle is originally from Pittsburgh, PA, and a graduate of Penn State University in Business.
She now resides in Boynton Beach, FL with her husband Rob, their two daughters Olivia and London, and their three pets. When Michelle isn’t working with RFS’s clients or spending time with her family, she is likely exercising or on her Peloton, competing her way to the top of the leaderboard. Michelle has always loved sports as she grew up playing Basketball, Volleyball, and Softball. While living in Pittsburgh, she became part of Steeler Nation, and that devotion has carried with her to South Florida.
Michelle joined Rosenzweig Financial Services in October 2021 as Vice President, specializing in the professional marketplace.
Registered representative of, and securities and investment advisory services offered through Hornor, Townsend & Kent, LLC (HTK), Registered Investment Adviser, Member FINRA/SIPC, 1 North Federal Hwy, Suite 201, Boca Raton, FL 33432. 561-314-3100, http://www.htk.com. HTK is a wholly-owned subsidiary of The Penn Mutual Life Insurance Company. Rosenzweig Financial Services is unaffiliated with HTK. HTK does not offer tax or legal advice. Always consult a qualified adviser regarding your individual circumstances. Retirement Income Authority is not affiliated with HTK
