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 and catch-up limits remain the same, but income…Read More

COVID Relief Updates

  • Congress came to the aid of small business owners. Recent legislation revised initial PPP treatment – now, not only can PPP…Read More
  • The 2nd round of COVID relief was signed into law by Congress on December 27, 2020.  Here is an overview of the Consolidated…Read More

2020 in Review – A Few Tidbits

COVID-19 certainly took a toll on the markets and the economy in 2020. Although more volatile than most years, markets did recover; however, the economy is having a tougher time shaking off the effects. These 3 charts illustrate the disconnect between the stock market and economy: Annual Market Returns vs. Unemployment Rate vs. Transportation Stats

Mark Your Calendars

  • Social Security Seminar with special guest Lee Alviar from the Social Security Administration.
  • When: Thursday, March 11, 2021 at 5:30 p.m. CT
  • Register in advance for this meeting. After registering, you will received a confirmation email containing information about joining the meeting.

Need Something to “Geek Out On”?

Here is what your financial planners are reading:

  • The Cross-Border Family Wealth Guide by Andrew Fisher & Tim Kochis
  • The Psychology of Money: Timeless lessons on wealth, greed, and happiness by Morgan Housel