Hello and Welcome to our November Financial Planning and Capital Market Update!
If you are too busy to read, feel free to listen as we describe our post and thoughts in friendly podcast audio format as well as Video!
Newbies –
We like to articulate our thoughts and review on a Monthly basis our Financial Planning Tips, Capital Markets thoughts and current events!
Hope you enjoy!
Holiday Party Pictures
November 2024 Video
YouTube
Financial Planning Tip(s)
FINCEN – LLC – CTA – BOI
Deadline is still 12-31-24 – One new update emphasis…. It is a good idea to create a personal Fincen ID first and then add that to the actual corporate filing. This is a longer two step process but it cuts down the actual LLC filing length way down and also allows for easy updates if an address change occurs, which under current rules needs to be updated within 30 days! Also, be careful there are tons of fraud/fake websites showing up!
COLA/401k Increases… Yawn
From the actual post…
Highlights of changes for 2025
The annual contribution limit for employees who participate in 401(k), 403(b), governmental 457 plans, and the federal government’s Thrift Savings Plan is increased to $23,500, up from $23,000.
Capital Market Comments
Buffett Builds Cash – Unexpected Popularity!
In true musician like format (never know what will be popular) this short post created mostly from an airplane … garnered tons of conversation and similar stories on other medial platforms….
We do not know why Buffett is raising cash, but he is… recall his time frame is LOOONGGGG…
Have a Great Day, Talk to You at the End of December !
John A. Kvale CFA, CFP
AI Content Authenticity: – All of the following written content has been completed by myself and has not been edited or created by AI. Occasionally we do use AI for images and will note so when used.
Founder of J.K. Financial, Inc.
A Dallas Texas based fee only
Financial Planning Total Wealth
Management firm.
