Tag Archives: MLK

RMD Adjustment Season – Holiday Weekend – Friday

Required Minimum Distributions (RMD) are the mandated distributions of funds from Qualified plans such as IRA’s, 401k’s and the like.

Here, here and here we discuss RMD’s and differing techniques to appease Uncle Sam/IRS in great detail…Uncle Sam

Since RMD’s amounts are based on age and prior year ending account balance the mandatory amount changes year by year.

One option we like is spreading your RMD out over the year, creating your own “Person Pension” plan – of course as long as you take at least what Uncle Sam says, you are good…

Bottom Line – this is RMD adjustment season.

Monday is a holiday in honor of Martin Luther King, and as such markets, banks and our office will be closed.

Ahhhh….. today is a Friday as we brace for the coldest front of the year – and of course an out-door tennis tournament is calling (the girls get warm in about 5 minutes – parents freeze! All good)

Have a Good Weekend!

John A. Kvale CFA, CFP

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


Always pushing for better… guest speaker panelist- Friday.. MLK Honored Monday

In the middle of the week, actually the same day as the Wharton Sirius Satellite Radio show, our investment clearing vendor, TDAmeritrade Institutional asked myself along with two other advisors to speak to a team of back office leaders on how to improve their customer service to you, our client, and ourselves.

Round Table Event

For almost two hours three advisors, including myself were asked to speak to a room of managers for our clearing vendor.

Here are a few of the topics:20170110_161126468_ios

  • What made you go into this business?
  • What goals do you have for your firm?
  • What fears do you have about meeting your goals?
  • How can we help you?
  • How can we do better?
  • What improvements can we make for you?

It’s always amazing to hear fellow advisors say almost the identical themes of the above. Even as our businesses are different, our goals of taking care of you the clients are the main focus.

It was a pleasure to give input to our back office team managers and help them help you ….and us! Well done!

Today is Friday and tennis in a distant town is calling… Monday, in honor of Martin Luther King day, banks will be closed, post offices, capital markets and our office as well!

Enjoy your weekend and your Friday!

Best Wishes to a SUPER good start to 2017!

John A. Kvale CFA, CFP

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

Credit.com Article — Long Weekend … From the Road ….

Monday is a Bank and Capital Market Holiday in honor of Martin Luther King. Our office will be closed and I am on the road today !

Credit.com ArticleCredit

A new article on Credit.com is out, here is the link.  I cannot speak about it until several weeks have passed, but have some great statistics to discuss in due time !!

From the Road

I am out of town today, returning mid next week … talk to you then.

Have a great weekend!

John A. Kvale CFA, CFP

8222 Douglas Ave # 590
Dallas, TX 75225



Long Weekend … Earnings Haves and Have Nots … PS Save the Date: May 1, 2014

Monday, being Martin Luther King honored holiday, banks, government offices, capital markets, and our offices will be closed.  Feel free to email if you have a question as we always remained electronically tethered.

Short Holiday Season Earnings

With a December 2013 several day deep freeze across most of the US and  a 30% shorter season due to the calendar, it appears from earnings reports so far Santa was not able to make it to much of the country (financial nerd attempted humor.)Earnings Season

The “Have’s and Have Not’s” of earning season are currently blurry but beginning to take form in a more dramatic fashion than past holiday seasons. We are closely watching for possible continued contagion and will keep you posted.

NEXT WEEK brings a neat Richard Fisher speech review (another echo of our thoughts) along with other fun reviews of our thoughts and maybe Davos Switzerland update (2014 World Economic Forum meeting), but that is next week. Enjoy your Friday and your long weekend if applicable.

Thanks for reading and following our works !

John Kvale CFA, CFP and the J.K. Financial, Inc. Team

P.S. Shhh ….. We have a VERY special save the date speaker announcement we are putting the finishing touches on (Social Security and Medicare EXPERT! One of our top topics for clients) Pencil your calendar for Thursday Evening May 1, 2014 ! More to come.

8222 Douglas Ave # 590
Dallas, TX 75225

FDIC Guarantee $250k again….MLK Honored Monday

Just a friendly reminder that as of 1-1-2013 the FDIC coverage amounts have dropped back to $250k of funds held in your bank.  Here is a very nice pamphlet released on 1-1-13 from the FDIC showing the various coverages utilizing different names and other helpful examples.FDIC

As a general rule, it most likely does not make sense to have an amount greater than this in a bank account although we understand this may occur from time to time during asset transitions.

Remember as clients your asset protection through our vendor scales up to $150 million, please click here for complete information.

Monday is a Holiday in Honor of Martin Luther King and as such, banks, wire services, brokerage firms, and our firm will be closed.

We wish you a long holiday weekend if you are fortunate to have one, and thanks for following us during our subject light week!


PS Next week begins the full force of 90 day treadmill earning season !

8222 Douglas Ave # 590
Dallas, TX 75225