FINANCIAL STRATEGIES NEWSLETTER | |
|
Greetings!
In this quarter's newsletter we discuss the impact of lower interest rates on markets and what the probate process is and how to avoid it. You will also learn about the advantages of using an FSA or HSA to help pay medical and other expenses, plus check out our year-end financial planning checklist. Lastly make sure to check out our News & Notes section for some exciting updates!
The AFM Team
| |
|
Stocks continued their recent rally in September, with all three major U.S. indices up for the month and quarter. Despite the real risks that markets face, overall, we remain in a relatively good place as we finish out the third quarter and head into the end of the year.
Read More
| |
INTEREST RATES ARE COMING DOWN. WHAT'S NEXT FOR MARKETS, RATES AND MORE | |
The Federal Reserve cut interest rates by 0.50% in mid-September, the first rate cut since they began raising rates in late 2022 to combat inflation. We examine how changes to the target rate ripples out across the stock, bond, lending markets, and more.
Read More
| |
PROBATE PROCESS: UNDERSTANDING, COSTS, TIMELINES, AND STRATEGIES TO AVOID IT | |
Probate is the legal process in which a court oversees the distribution of a deceased person's assets. While it ensures that everything is done according to the law, probate can often be expensive, time-consuming, and stressful for the family. Many individuals seek to avoid probate to minimize these challenges.
Read More
| |
UNDERSTANDING THE DIFFERENCES: HSAS, FSAS, AND DEPENDENT CARE FSAS | |
Health Savings Accounts (HSAs), Flexible Spending Accounts (FSAs), and Dependent Care FSAs can provide significant financial relief, but each of these accounts has unique features and purposes, making it essential to understand how they differ, and which might be best for your situation.
Read More
| |
2024 YEAR-END FINANCIAL PLANNING CHECKLIST | |
As we approach the end of 2024, it’s time to take a good look at your finances and plan for the year ahead. We’ve put together a guide to help you get ready, covering all the important issues you might want to chat about with your financial advisor, along with suggestions on topics to discuss and small things you can do immediately to get started.
Read More
| |
|
- Ryan made a top advisor list
- Nicolette was promoted to Financial Advisor
- Mitch, Lucas, Jack & Yash ran in DC half marathon relay
- Lucas wins softball championship
- Jack passed series 7 & 63 exams.
- Nicolette Davicino was featured in an article from GOBankingRates
- Alexandra Armstrong was featured in Kiplinger
- John Wittelsberger was featured in BetterInvesting magazine
- Alex's book was featured in the Nick Murray Interactive Newsletter
- Alex joined the "Your Partner in Success Radio Podcast"
- Alex was interviewed by The Data Advocate
Read More
| |
Are you planning on making gifts to family or charitable donations from your investments by year-end? If so, please let us know as soon as possible, so that we can help you make these gifts in a timely fashion. The annual limit for non-charitable gifts is $18,000. | |
REMINDER: MEDICARE PART D OPEN ENROLLMENT 10/15 - 12/7 | |
Medicare Part D plans routinely change their coverage and pricing each year, so it is important to take a fresh look now at your existing coverage, and the options available to you for next year. The best tool for shopping Medicare plans is the Medicare Plan Finder, on the official Medicare website. | |
SENDING DOCUMENTS TO AFM & TAX RETURN REQUEST | |
The easiest and most secure way to send any document to AFM is through your Investor360 online access. For instructions on how to upload your file click here. Don't have an Investor360 login? Please contact us to have one setup. You can also download the Investor360 app on your phone using the links below:
If you haven't done so already, please send us a copy of your 2023 Federal and state returns to help us better serve you throughout the year. We are best able to perform tax related analysis with your most current tax return.
| |
Armstrong, Fleming & Moore, Inc.
Providing financial planning and investment advice since 1983
| |
|
Securities offered through Commonwealth Financial Network®, Member FINRA/SIPC. Fixed Insurance products and services and advisory services offered by Armstrong, Fleming & Moore, Inc., a Registered Investment Adviser, are separate and unrelated to Commonwealth.
We do not accept orders via e-mail to request, authorize, or effect the purchase or sale of a security, to send mutual fund instructions, or to effect any other transaction. Receipt of important letters, e-mails or fax messages, particularly those related to security transactions, must be verified by telephone at 202.887.8135.
| | | | |
