Welcome to our Video and Audio Podcast Review of our Q2 2024 Newsletter. For those on the road or just unable to grab the time to read, our podcast type review gives you the behind the scenes insight to our thoughts, observations and deep views of the entire Newsletter.
Click the Download button below, for a direct link to an electronic version (an early peek-good ole fashion paper versions are on their way to you shortly) and here for our Newsletter page
Let’s get going! We hope you enjoy!
Q2 2024 Newsletter
(YouTube)
Last Minute Tax Savings
Reminder – Due to the transition between vendors this year, most individuals will have two forms for their taxes from any account that they had activity. Distributions from IRAs, (a.k.a. 1099 R) made during the transition before, and during the transition will certainly have two forms.
The SEP, IRA, HSA and Roth IRA are the main tax savings ideas that can be completed NOW and still effect our 2023 taxes… Note the different deadlines!
Early Investors Corner
All new edition to our Newsletter that we are proud of … not only for Early Investors but a great reminder for all.
With a time horizon. Emergency cushion, and regular contributions, market drops are your friends. New 401K’s, early investment plans, regular monthly contribution plans all fall into this category. Large lump sums such as inheritance or larger capital allocations even at a young age do not fall into this super aggressive posture.
Emergency fund and Aggressive Allocations are the two key parts of this initial portion of our Newsletter. This also feathers closely with two one-week apart personal stories!
The Emergency Fund
With two pictures in our Newsletter we are happy to post here an updated picture of the House Fire result… but once again, high deductible and Emergency Fund reminders!
Social Security Spousal Reminder
Reminder strategy Article that Spousal Social Security Benefits will cap once reached full retirement age… another item we ran across several times this quarter.
Koyfin Tool – Adding Versus Draw Asset Allocations
Inheritance Shark Speech
Unique characteristics of Inheritance Lineage makes it important to remember BEFORE comingling assets… Our touchy subject we call the Shark Speech!
Liability
Organization
Generational Transfer
Talk to you in the Summer!
John A. Kvale CFA, CFP
Founder of J.K. Financial, Inc.
A Dallas Texas based fee only
Financial Planning Total Wealth
Management firm.
www.jkfinancialinc.com
www.street-cents.com
