Hello and Welcome to our February 2025 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!
Be sure to catch the all new intro – we think it is really cool along with also very cool background music! Google Earth and AI music!
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!
February 2025 Video
YouTube
Financial Planning Tip(s)
Tax Update – Six Savings Ideas – Statements
While many forget that just because the calendar has turned, there are still tax savings ideas we can do NOW to save LAST YEARS taxes! yay
In this reminder post, order by frequency of use, we go over six possibilities:
SEP – Simplified Employee Pension – Offset non W-2 Income
Deductible IRA – Confirm you meet the requirements
Spousal Deductible IRA -Again confirm requirements
HSA – Health Savings Account for high deductible Savings Plans -check with provider
Itemization – $14,600 Standard Deduction hurdle per person is achievable – Health related costs can really add up
Loan Forgiveness – Complicated, but worth checking into if applicable
Statements continue to trickle out, making it a surprise for everyone! Reach out if you are having trouble with yours!
Early Investors Estate Planning Guide
In this special Estate Planning post for Early Investors, the general guidelines and reminders for what, how, and when to get that Estate Plan knocked out – It is not expensive and NOT HARD, just like studying for an exam, getting started is the challenge….
Young Dependent Reminder
“….when the Denver based student, just barely 20 years old, had a problem with her medical refill, the Mrs. and I discovered that without the basic Power of Attorney, Medical Power of Attorney/HIPPA, post age 18, we were not in the loop…. Problem solved, all documents saved and easily accessible now….”
Recently Married/Children
” …While most understand that once children are involved the Estate Plan becomes mandatory…. You need a Guardian, Trustee and directives for the possibility of both parents leaving the child/children unaccounted (most cases a lengthy court situation to determine this) what is sometimes forgotten is the importance of Recently Married……”
Capital Market Comments
Tariffs Explained
From our new found copyright free foundation –Tariffs Explained
Historically they are not that large as a percentage of total revenues… Beware of the headlines they have been, and will prove to make Market Participants Nervous!
Have a Great Day, Talk to You at the end of March!
John A. Kvale CFA, CFP
AI Content Authenticity: – Several of the pictures were created by AI. 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.
