Welcoming Tommy Van Gemert
https://youtu.be/IY6Ucaem5LA
Tactical versus Strategic Asset Allocations
Below is communication sent to our clients on 9/5/2018. We received great feedback so we wanted share thought-provoking communication with you. Dear Clients, For years, we have talked about the unique aspects of each client’s portfolio. The key differences are generally Risk Tolerance, Tax Status, and the style of Asset Allocation. The first two…
DetailsHow Will The New Tax Laws Affect You?
Folks, We’re not accountants or tax specialists. However, we have been getting tons of questions about the new federal tax legislation (Tax Cuts and Jobs Act) which takes effect on Jan 1, 2018. So, with all appropriate caveats and qualifications, here are only some of the highlights that we get asked about the most, in…
DetailsAAL employees over 50
Dear American Airlines Pilots and FAs, If you are over 50 years old, you will want to pay attention to this. It has come to our attention that the there was a small hiccup in the transition between JP Morgan and Fidelity as it relates to your 401k plan. It only affects those participants…
DetailsImportant Update – AAL Equity Stake
Dear AAL Employee, It seems there may be some good news regarding the previously distributed Equity Stake in AAL stock. As you are probably aware, the equity stake had originally been treated as a TAXABLE distribution. Although, much discussion occurred at the time about the potential for it to be rolled directly into a…
DetailsAsked & Answered: Pension Termination
11/18/2014 Brian from Bethesda, MD: My company Pension is being terminated and I need to make a decision about how to receive my benefit. Should I choose to take the lump sum or the annuity? Friedenthal Financial: Brian, That’s a great question, and one that we hear frequently. You may…
DetailsAsked & Answered: Debt Ceiling Crisis
10/9/2013 Michelle from Minneapolis: What is the Debt Ceiling and what is the big deal about reaching it? Friedenthal Financial: Michelle, Certainly a popular question these days! The debt ceiling is simply the maximum amount that the US can borrow at one time (currently $16.7 Trillion). In each fiscal year,…
DetailsAsked & Answered: Zero Inflation?
9/18/2013 Douglas from Detroit, MI: Why does the Federal Reserve target 2% inflation? Why not target zero inflation? Friedenthal Financial: Douglas, That’s a great question, without a purely objective and scientific answer. However, the most elegant explanation of which we are aware is as follows. Historical evidence suggests that…
DetailsAsked & Answered: Fiscal Cliff
November 20, 2012 Nelson from Newton, MA: What exactly is the so called “Fiscal Cliff” and what are the impacts if we go over it? Friedenthal Financial: The Fiscal Cliff is really a combination of tax increases and budget cuts all set to become effective simultaneously on Jan 1, 2013, if no other…
DetailsAsked & Answered: American Airlines B-Fund
Thomas from Ticonderoga, NY: I am a 54 year old pilot still flying for American Airlines. One consequence of our bankruptcy is that our B-Fund (Defined Contribution Pension) is being frozen as of November 1. Subsequently we will have three options, as the plan will no longer be maintained. 1) Take a lump sum…
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