Category Archives: Clients/Clients Only

Calling all Questions for Our Social Security Specialist – Saturday April 27 at 10:00 am at Dallas Athletic Club – Friday

Here are our questions so far- but we want more – keep them coming!

  1. Last time we spoke you were VERY certain Social Security would be there for all of us upon retirement – With all of the changes, do you still feel this way?
  2. Can you explain the divorced verses divorced and remarried benefits?
  3. Have you ever heard of someone being offered a lump sum of retroactive Social Security benefits?
  4. November of 2015 ushered in new laws and changes, are there any neat techniques that survived?
  5. Can you explain non US citizen spousal benefits?
  6. We have been told many of the benefit statements are not always accurate, understating the actual eventual benefit, has this been your experience?
  7. How much can I earn and not receive penalties if I retire before my full retirement age?
  8. The Full Retirement Age keeps being pushed out, will this continue? Is there a schedule?
  9. How long do I have to report my Social Security earnings if they were not reported by an employer?
  10. For many years I did not draw on an ex spouses earnings by accident – using only my earnings benefit, can I request some sort of look back to get my full benefits?
  11. If want to change my Social Security election decision after I made it and have been drawing benefits, Can I do that?
  12. Do I have to take Social Security Benefits ? What if I do not want to?

Send questions to jen@jkfinancialinc.com – We welcome any and all!

Here is the invitation – We hope you can come !

 

3-20-19 - Invitatation to SS Info Event with Tom Clark_Page_1

 

Here is Tom Clark’s Bio and mug shot – SUPER nice guy!

 

3-20-19 - Invitatation to SS Info Event with Tom Clark_Page_2

Have a Great “Send us your Social Security Questions” Day!

John A. Kvale CFA, CFP

Founder of J.K. Financial, Inc.
A Dallas Texas based fee only
Financial Planning Total Wealth
Management firm.
jkfinancialinc
street-cents

SLOA – Standing Letter of Authorization Mailing Heads Up Reminder (Clients)

New regulations now mandate a letter be sent to us all reminding us that we have SLOA’s or Standing Letters of Authorizations on File!

The SLOA –writing-1149962__480

On Friday March 15th, 2019 reminder letters were mailed to us all for any standing instructions for linked accounts – Almost all of us have a linked account from our Investment to a checking, savings, working cash account of some type. So expect a letter stating such!

Due to new regulations – for all of our collective safety, this letter is now mandated as a reminder that we have these linked accounts.

Also, partially due to new regulations, if we have a linked account that is not used for two consecutive years — just like frequent flyer miles, they will go away!!

Have a Great “Ready for SLOA Letter” Day!

John A. Kvale CFA, CFP

Founder of J.K. Financial, Inc.
A Dallas Texas based fee only
Financial Planning Total Wealth
Management firm.
jkfinancialinc
street-cents

Save the Date – Back by Popular Demand – Tom Clark our Social Security Specialist – Saturday 10 am – April 27th at DAC Dallas Athletic Club – Personal Video Invitation

About four years ago, we had a fabulous speaker, Tom Clark who has multiple decades of experiences at the Social Security Administration as an expert lecturer….

In November of 2015 new laws dramatically changed (limited) many of the Social Security techniques and benefits.

With a few more years under our belts and the change of laws, we wanted to bring Tom back in for an update, refresher, complete analysis of what is happening now, and what may lie ahead for that ever so important benefit, Social Security!

Save the Date

April 27, 2019

Dallas Athletic Club

10:00 AM

MEET TOM CLARKTom Clark Pic

After 33 years of service at the Social Security administration, Mr. Clark now has a second career, spending time with groups like ours, helping them become educated in making the correct decisions and informing them on the intricacies of the Social Security and Medicare System.

Not to worry, Mr. Clark’s last years at the administration found him doing over 300 of these type of events per year.

Questions?

We will be doing a multi-part complete analysis of Tom’s discussion after the event here at street-cents.com, but please send us questions NOW to formulate a list for Mr. Clark to be asked at the event!  Send to jen@jkfinancialinc.com

Here are some questions we have already begun accumulating – just to give you ideas:

  1. Last time we spoke you were VERY certain Social Security would be there for all of us upon retirement – With all of the changes, do you still feel this way?
  2. Can you explain the divorced verses divorced and remarried benefits?
  3. Have you ever heard of someone being offered a lump sum of retroactive Social Security benefits?
  4. November of 2015 ushered in new laws and changes, are there any neat techniques that survived?
  5. Can you explain non US citizen spousal benefits?
  6. We have been told many of the benefit statements are not always accurate, understating the actual eventual benefit, has this been your experience?

That should give you some good ideas, but we want more – bring em on and we will get them to Mr. Clark in advance, post here as a summary – and after the event, give a detailed direct answer!

Have a Great “Soon to be informed Social Security” Day!

John A. Kvale CFA, CFP

Founder of J.K. Financial, Inc.
A Dallas Texas based fee only
Financial Planning Total Wealth
Management firm.
jkfinancialinc
street-cents

1099 Update – Corrected Update – Reminder, a Paper Copy is being mailed UNLESS you specifically turned it off – Holiday Weekend !

Those that follow us know we had a fun conference last week and pretty much burned the candle at both ends… We look forward to bringing you more soon!

Being the last of the four in my gang to NOT get the winter sore throat or flu… and after bragging about not getting sick AT ALL the last four years, those three fingers pointing back at myself came home to roost… GIANT head ache Saturday followed by sandpaper in my throat Monday morning… on the down hill side now….

Corrected 1099 Update1099 sho

Yesterday we sent a blast email out to all of the lucky ones who will be receiving a corrected 1099 printed and mailed one week from today …

If you did not receive the email, so far you are in the clear….

EVERYONE will receive a paper copy of their 1099 – even if you receive electronic copies of everything else – unless you specifically turned your tax copies off – no one we know of has done this and this is the one item we do not recommend you turn off unless you REALLY want to!

Holiday Weekend

Today is Friday, heading into a Presidents Day Weekend – you know the drill … banks, capital markets and those buildings holding our little ones hostage during the day will be closed on Monday – mandating our offices are closed as well… all good, again!

Have a Great “Presidents Day Weekend” Friday!

John A. Kvale CFA, CFP

Founder of J.K. Financial, Inc.
A Dallas Texas based fee only
Financial Planning Total Wealth
Management firm.
jkfinancialinc
street-cents

Fourth Quarter 2018 Cover Letter

Thank you for your wonderful digestion of the recent market volatility. 

We have seen so many reports, articles, studies that show this is more of the normal and what we had lived through for the past multiple years was less normal. However, what we have experienced most recently is what we become accustomed to. We’re not going to quote you some article or historical fact that says this is the norm-even we have been uncomfortable with the sudden movements. 

Just like we all became more accustomed to low volatility and capital markets that seem to increase day by month by quarter almost without ever dropping, we will again get used to this type of movement. 

We don’t like it, and would rather not have it, and yes history says it’s more the norm but we’d rather have the abnormal – this is where we are now. We thank you for all of your confidence and once again given the recent volatility we are happy we are a more conservative firm. 

It is a true statement that Markets have predicted 10 of the last 4 recessions. Meaning they often fret over things that do not occur, but that extra fretting tends to be correct is some cases. We acknowledge that the global economies are not growing “Red Hot” fast like they were last year, however we refute a global meltdown or imminent recession at this time.  

After promising (Federal Open Market Committee – FOMC) multiple rate increases as recent as October (four to be exact) at this time that is not going to happen. With rates being somewhat a reflection of inflation, and inflation being wrung out of the system via technology and outsourcing, rates are likely near their “New Normal” range.  

Earnings are the ultimate driver of capital market returns and interestingly they continue to be churning out very nice, taking into account the market recent volatility, valuations have become much less stressed and even cheap in many cases. 

In Closing 

Your Fourth Quarter summary is enclosed on the front page of this report we have included our most recent investment allocation from your Investment Policy Statement. This is also the time we attach our Private Policy Statement for the year along with our opportunity to offer our latest ADV filings; Requests for review will be accepted via phone, mail or email, and mailed immediately upon request. 

Sincerely, 

John A. Kvale CFA, CFP

J.K. Financial, Inc.
PRIVACY POLICY NOTICE
Our Promise to You
As a client of J.K. Financial, Inc., you share both personal and financial information
with us. Your privacy is important to us, and we are dedicated to safeguarding
your personal and financial information.
Information Provided by Clients
In the normal course of doing business, we typically obtain the following nonpublic
personal information about our clients:
 Personal information regarding our clients’ identity such as name, address
and social security number;
 Information regarding securities transactions effected by us; and
 Client financial information such as net-worth, assets, income, bank account
information and account balances.
How We Manage and Protect Your Personal Information
We do not sell information about current or former clients to third parties, nor is it
our practice to disclose such information to third parties unless requested to do so
by a client or client representative or, if necessary, in order to process a transaction,
service an account or as permitted by law. Additionally, we may share information
with outside companies that perform administrative services for us. However, our
contractual arrangements with these service providers require them to treat your
information as confidential.
In order to protect your personal information, we maintain physical, electronic and
procedural safeguards to protect your personal information. Our Privacy Policy
restricts the use of client information and requires that it be held in strict
confidence.
Client Notifications
We are required by law to annually provide a notice describing our privacy policy.
In addition, we will inform you promptly if there are changes to our policy.
Please do not hesitate to contact us with questions about this notice.

 

Favorite Question for You as 2018 Sunsets – Happy New Years (eve) from the Road …

Goals …

Memories …

Experiences …

Competition …

Achievements …

Accomplishments …

Great Question for the end of 2018

We live in a competitive, maximum achieving, full-throttle world … but as 2018 sunsets, we have a different and more positive, less competitive question for you, your family, friends and children –

What are you most proud of in 2018?

It’s simple and likely will spawn other items/thoughts/events…. give it a try, and be sure to ask the kiddos – might be surprised at the answer –

Might want your own offering for the kiddos too ?

Happy New Years from the Road!

We wish you a very Happy New Years from a transition year!

JK Financial Holiday Party - 111718 - Bret Redman -184

With a gang that is out of pocket and all across different geographic areas with their families – present party included (tennis continues) ….

Happy New Years (eve)!

fireworks-1759__340

Thanks to YOU, thanks for everything!

Happy “Thanks for a Great Year in 2018” Day!

John A. Kvale CFA, CFP

Founder of J.K. Financial, Inc.
A Dallas Texas based fee only
Financial Planning Total Wealth
Management firm.
jkfinancialinc
street-cents

The Wonders of Electronic Communication- Speaking of Technology, Our Nerd Holiday Presents … New Desktops installed today – Patience

There is some disagreement on who suggested we start a blog …

We struggled on the name – Street-Cents was a play on words and meant to decipher, and make fun at times of ridiculous “Breaking News” flashes …

It was really rough writing and no organization originally … Lot’s of writers block too !

Slowly, more people took notice …

Slowly the author learned how to deliver concise information that catered to the lack of time everyone has this day and age …

This post is nearing number 1500 – yes fifteen hundred posts/articles…

Our Blog Review

As of yesterday, our blog has been viewed 30,350 times from the following areas across the world…. WOW !
Stats ‹ $treet-¢ents — WordPress

Technology is making the world small (maybe flat?) and we really enjoy the ability to share information so seamlessly across the world….

Thanks to all of you for taking a few moments three times a week to review our “All Original” posts… We are glad to share the word!

New Desktops Today

After multiple “Blue Screens of Death” on Jen’s computer, we are having new boxes installed today – trying to get in front of the most ill timed crash, even though long time followers know we generally try to do our Technology upgrades during the slower summer season…

Good Bye old Friend….

Old Desktop

The new speed will be welcomed, but P-A-T-I-E-N-C-E  will be needed as we try to get the new machine working seamlessly before years end…

Have a Great “Nerd Christmas” Day!

John A. Kvale CFA, CFP

Founder of J.K. Financial, Inc.
A Dallas Texas based fee only
Financial Planning Total Wealth
Management firm.
jkfinancialinc
street-cents