Wrap Up Your Year-End Giving

By Kathy Longo, CFP®, CAP®, CDFA

Friday, 04 December 2015

Wrap Up Your Year-End Giving

Although the official “Holiday Season” generally starts on Thanksgiving weekend, the charitable component started a few days later with #GivingTuesday on December 1st.  Those of us living in Minnesota are probably familiar with “Give to the Max Day” which takes place in mid-November as an opportunity for many charities to leverage the giving spirit, which has been a big success locally.  #GivingTuesday is a relatively recent movement which was created in 2012 by the 92nd Street Y and United Nations Foundation as a response to consumerism and commercialization.  The event takes place each year on the first Tuesday after Thanksgiving, providing a respite from Black Friday and Cyber Monday, and is designed to be a global day of giving through donations, time, goods, and your voice.  Following in the spirit of giving, here are some best practices to maximize your year-end charitable giving plans and ensure the o rganizations are aligned with your goals for giving.

What You Need to Know About Recent Changes to Social Security

By Kathy Longo, CFP®, CAP®, CDFA

Monday, 16 November 2015

What You Need to Know About Recent Changes to Social Security

Social Security Changes Could Affect Your Filing Strategy

Establishing a well-crafted plan that incorporates Social Security retirement benefits in your financial future has never been more important, especially in light of recent changes to how Social Security benefits are administered.

On November 2, 2015, President Barack Obama signed into law the Bipartisan Budget Act of 2015. The bill, which had obtained overwhelming support in Congress from both political parties, was originally intended to raise the federal spending and debt limits through 2017. Several seemingly unrelated measures were also incorporated into it. Specifically, the bill (not law) ends two popular and well-used Social Security claiming strategies, "File-and-Suspend" and "Restricted Application". Below are answers to a few commonly asked questions regarding these recent changes to Social Security, in addition to an explanation of the new rules and how they could impact your long-term, comprehensive financial plan. 

November 2015 | Happy Thanksgiving!

Sunday, 08 November 2015

 

Happy Thanksgiving! It is hard to believe with the warm weather in Minnesota that we will be celebrating Thanksgiving next week. I look forward to this time of year as we gather with family and friends along with wonderful food and appreciation. I am especially looking forward to my oldest daughter, Maddy, coming back home for the first time since she started college. Maddy and I have a tradition of spending a lot of time together in the kitchen while cooking the Thanksgiving meal and desserts together. Two of the Core Values at Flourish are to Grow and Share our experience and insights, along with Making a difference.

Blended Finances and Family Values

By Kathy Longo, CFP®, CAP®, CDFA

Friday, 30 October 2015

Blended Finances and Family Values

Money conversations with one couple can be complex as each individual brings their unique family history around money, values, financial resources and obligations. Financial conversations take on a whole new meaning when kids are involved as parents wrestle with spending decisions on allowances, education funding, and eventually inheritances. This complexity only increases with blended families as the number of parents and children expand the money conversation. I have personally experienced the financial complexity and extra need for communication with my blended family, having a daughter from my first marriage and two children with my current and “final” husband. From my personal experience, in addition to working with clients, blended families need additional planning for the various life stages.

Tune Out The Noise

Thursday, 08 October 2015

By Kathleen Longo on October 8, 2015.

A recent article from Larry Swedroe, Director of Research for the BAM Alliance, talks about the role financial media plays in our investment plans. With so much information being provided every second, it is hard to know what media sites to listen to. This article highlights the importance of tuning out the noise. 

 

Due to COVID-19, we have begun taking client meetings via Zoom. Please see our instructions below on how to use Zoom and what you can do to protect your privacy while using this technology.

Contact Us

  • 3300 Edinborough Way
    Suite 420
    Edina, MN 55435
  • FAX: 952.953.3310
Listen to the Flourish Financially Challenge on Your Favorite Streaming Service


Copyright © 2020 Flourish Wealth Management, Inc. All Rights Reserved. Powered by AdvisorFlex.