The Rhema process
The Five Power Moves.
Five ideas Richelle teaches in every class. Learn what each one is, what it can do, and what to ask before you act.
The five moves, in order
The order matters. Each move builds on the one before it.
What each move means
High-Yielding Banks
Learn where your cash can earn more while it waits.
Many people keep their emergency money in an account that pays almost nothing. Some savings accounts, money market accounts and certificates of deposit pay more interest than others.
Rates change often, so we never print one here. We look at where your cash sits now and what the choices are.
Questions to ask
- Is the bank FDIC insured, or the credit union NCUA insured?
- Can the rate drop after an opening offer ends?
- Is there a fee or a penalty to take money out early?
Elite Annuities
Learn how an annuity can turn savings into income.
An annuity is a contract with an insurance company. You pay in, and the contract can pay you income later, sometimes for life.
Fixed and fixed indexed annuities can protect money from market drops. In return there are limits, like caps on growth and years when taking money out costs a charge.
Questions to ask
- How long is the surrender period, and what does leaving early cost?
- What limits how much the contract can grow?
- What happens to the money if I pass away?
Dividend Stocks
Learn how some companies share their profits.
A dividend is part of a company’s profit paid to the people who own its stock. Some families like dividends as a source of income.
This move is for learning only. A dividend can be cut at any time, and the stock price can fall, so you can lose money.
Questions to ask
- How much of my savings can I afford to see go down?
- Has this company ever cut its dividend?
- Who is licensed to give me advice about stocks?
Trust And Roth Conversion
Learn ways to pass on more and plan for taxes.
A trust is a legal plan for who gets what, and when. It can help your family avoid delays after you pass. A lawyer writes it.
A Roth conversion moves money from a pre-tax account into a Roth account. You pay tax now, so the money can come out tax free later if the rules are met.
Questions to ask
- Would the tax on a conversion push me into a higher bracket this year?
- Could a conversion raise my Medicare premiums?
- Do I need a lawyer, a tax professional, or both?
Expert Guidance
Talk it through with Richelle before you decide.
The first four moves are ideas. The fifth is having someone walk through them with you, in plain words, with no pressure.
Send a request and Dani reaches out first to set a time. Nothing is booked until she confirms it with you.
Questions to ask
- What is this person licensed to do?
- How are they paid?
- Can I take the paperwork home before I sign?
Before you act on any of this
Rhema Financial Solutions offers education. Insurance products such as annuities are sold only by licensed agents, and only in the states where they are licensed. Stocks and other securities are a different license. Ask anyone who talks to you about them what they are licensed to do.
Rhema does not give legal or tax advice. For trusts and Roth conversions, work with your own lawyer and tax professional. See the full disclosures.
Not sure which move comes first for you?
That is what the conversation is for.
Send a request and Dani will reach out to set a time. Nothing is booked until she confirms it with you.
No pressure. No obligation. Just answers.