Fall 2022
Fall 2022 What’s happening at Three Oaks The Three Oaks team is proud to announce the addition of Michael Berry II as our newest team member and our first Financial Paraplanner. Michael brings to our team a background in operations and finance and earned his B.A. with a concentration in Finance from Master’s University in Santa Clarita, CA. Learn more about Michael Berry II Industry Updates 2022 Tax Planning – the standard mileage rate increased, the credit on Solar PV systems installed increased (from 26% to 30%), and it’s the last year for 100%…
Summer 2022
Summer 2022 Three Oaks Summer Playlist “Easy” – Lionel Richie/The Commodores (Phillip) “Summer Time Rolls” – Jane’s Addiction (Shawn) “Right on Time” – Brandi Carlile (David) “Brighter Days” – Blessing Offor (Adam) “Baby Beluga” – Raffi (Jim) “Running Up That Hill”—Kate Bush (Raquel) View Full Summer Playlist Industry Updates Markets are down, interest rates are rising. What to do… Take advantage of higher interest rates with an online savings account. If your savings account is paying less than…
Spring 2022
Spring 2022 What’s Happening At Three Oaks We don’t always have all our team together in one place, but when we do, there’s fun, service…and maybe a little productivity. Our goal for 2022 is to hire two new team members: one dedicated client service associate for our California office and one paraplanner for our Dallas office. The results from our Q1 poll on the best performing asset class of 2022 are in! U.S. Stock = 50% Real Estate = 33.3% Crypto-Currency = 16.7% Industry Updates The SECURE Act was passed in 2019 and increased the age for…
Winter 2024
Winter 2024 What’s happening at Three Oaks 20 Years Anniversary Our “elder statesman” Philip reaches 20 years in the business this February. How the time flies… We’ve updated our timeline! Industry Updates 2024 January Market Update Social Security retirement benefits get a 3.2% Cost of Living increase and standard monthly Medicare Part B premiums rise $9.80 to $174.70 for 2024. Alternative Asset Classes: Cocoa was hot…and so were data centers. Mark Your Calendars Important dates you should know: April 18th – Tax Filing…
Winter 2021
Winter 2021 What’s Happening At Three Oaks We are proud of Shawn for earning her Financial Paraplanner Qualified Professional (FPQP) designation. The coursework and ongoing CE are extensive and Shawn is already taking a lead to gather, review, and analyze your financial information. New 2021 Key Figures The standard deduction for 2021 will increase by $300 for married couples filing joint returns and $150 for single taxpayers. Social Security benefits received a 1.3% adjustment (down from 2020’s 1.6% increase). Retirement Planning – contribution…
Fall 2021
Fall 2021 What’s Happening At Three Oaks David just finished a half-marathon. Challenge him to a race near you in 2022! Race Results: Finish – 1:43:19 Pace – 7:53 Texas Office new address reminder: 3400 N. Central Expy, Suite 110-201 Richardson, TX 75080. View Map Change Is Brewing An Act of Congress…Increased taxes, hearing aids for Medicare participants, and potential restrictions on Roth conversions. $400k, $425k, $450k in taxable earnings are key thresholds. If we’re making “backdoor Roth” contributions or considering…
Summer 2021
Summer 2021 What’s Happening At Three Oaks Philip and his crew were back at it with his 4th iteration of the Texas Water Safari – “The World’s Toughest Canoe Race.” After 70 hours and 43 minutes, Phil and his crew completed the 264.65 mile course! New address for our Texas Office: 3400 N. Central Expy, Suite 110-201 Richardson, TX 75080. View Map Who is Apeiron and what is an RIA? Q2’21 In Review Inflation – Transitory or here to stay? Energy price increases are an outlier, and we see core CPI returning to historic averages. Capital…
Spring 2021
Spring 2021 What’s Happening At Three Oaks It’s Spring and our Three Oaks team is out planting seeds in the community: David and his son, Olin, at the Meher School’s Community Garden in Northern California. Adam + Raquel at Bonton Farms in Dallas, TX. Learn more about Bonton Farms. Q1’21 In Review Inflation – A historical perspective and some insight on hedging against it. Read More The American Rescue Plan was signed into law on 3/11/2021. Here is an overview of the ways it is intended to help individuals and businesses. Q1…
Fall 2020
Fall 2020 FAFSA Will Be Released Oct. 1st The Free Application for Federal Student Aid (FAFSA ®) for the 2021-2022 school year will be released October 1st. Early applicants tend to obtain more funding than those who wait. Apply here. CARES Act The Coronavirus Aid, Relief, and Economic Security Act allows for the suspension of RMDs, exemption from the 10% penalty for early withdrawals from IRAs and qualified plans, and more lenient treatment of distributions for tax purposes. Read more about eligibility and qualifications. Year-End…