A Plan for All Seasons | Spring 2024

What’s New at AEGIS | Quarter 1 2024

AEGIS Testimonials

A few of our clients have volunteered to film testimonial videos with us, sharing how AEGIS Financial has impacted their financial life! Click on the link below to check out their stories and feel free to share it with others!

https://www.youtube.com/playlist?list=PLs01pbearDM9BbaO_a9dGsA_wsnCQmdmV

 

Past Events

Quarter 1 Professional Development Day

On Thursday, February 8, 2024 we had our first quarter professional development day. This quarter, we trained on Effective Business Writing provided by the Fox Valley Tech. Following lunch, we enjoyed bowling as a team at 10th Frame in Appleton!

Check out some pictures below!

 

 

 

2024 AEGIS Financial Forum

On February 20th, we hosted our 2024 AEGIS Financial Forum at the Best Western in Neenah! The event included Educational Breakout Sessions, a Dinner Buffet, and AEGIS’s Economic Forecast Presentation by President Bill Bowman, CPA followed by a panel of our Wealth Managers.

Thank you to all those who attended!

 

 

Making Appointments Online

Attention all valued clients! You now have the convenient option to schedule your investment portfolio reviews online. Keep an eye out for an email that will include the link to schedule your appointment yourself. Act fast if you require immediate assistance.

We appreciate your patience and understanding as we move to our online platform. As always, if you have any questions or concerns, please contact us. We are more than happy to help.

 

 

Exciting News! AEGIS Documents to Become Automated and Esignable!

We have started using Formstack to automate our AEGIS documents, allowing them to be signed electronically either via email or in person at our office. All of these documents are encrypted to ensure maximum security. Some of you may have already received an updated Wealth Management Agreement via email. Going forward, AEGIS Financial plans to rely more heavily on email for secure document transmission, to eliminate the inconvenience of physical paperwork, speed up our processing times, and reduce the risk of identity fraud associated with traditional mail services.

 

 

Team Member Spotlight – Jessica Dontje

Have you met Jessica? Click on the video below to learn more about her and her role at AEGIS!

 

 

Social Media:

Visit us on our Facebook page, “AEGIS Financial,” and find out what’s happening around the office! We will be posting frequently with birthdays and important events for our team members as well as sharing some helpful articles that could help you with your finances!

https://www.facebook.com/aegisfinancialplanners

 

 

Market Update Videos!

Bill Bowman, CPA, and Brian Rogers, CFP, frequently share the Investment Committee’s insights on the market and economy. These videos are emailed to you and available on our YouTube Channel, “AEGIS Financial,” and our Facebook and LinkedIn pages! Be sure to like and subscribe! (insert most recent market update)

AEGIS Cares | Quarter 1 2024 & Quarter 4 2023

AEGIS Cares Q1 Giving Plan

For our Quarter 1 Giving Plan, we will partner with Feeding America, the state’s leading local hunger relief organization. We will assist in packaging, labeling, and sending food to those in need in Eastern Wisconsin.

 

If there are any organizations or causes that you would like us to support, please call Courtney Deitte at (920) 233-4650 or email her at courtney.deitte@aegis4me.com

 

AEGIS Cares Q4 Giving Plan

The holiday season can be challenging for local families struggling to make ends meet. That’s why we at AEGIS have chosen to “Adopt a Family” for Christmas. “Adopt a Family” is a Christmas-sharing initiative that pairs community members with financially disadvantaged families to fulfill their holiday needs. To learn more about how you can help donate, give our office a call at (920) 233-4650 or contact Alyssa directly at alyssa.doro@aegis4me.com

As AEGIS tradition, we donated turkeys for Thanksgiving and hams for Christmas to Father Carr’s of Oshkosh and St. Joe’s Food program. See some pictures below!

 

If there are any organizations or causes that you would like us to support, please call Courtney Deitte at (920) 233-4650 or email her at courtney.deitte@aegis4me.com

2023 Year-End Tax Tips

2023 Year-End Tax Tips

 

Here are some things to consider as you weigh potential tax moves between now and the end of the year.

1. Defer income to next year

Consider opportunities to defer income to 2024, particularly if you think you may be in a lower tax bracket

then. For example, you may be able to defer a year-end bonus or delay the collection of business debts,

rents, and payments for services. Doing so may enable you to postpone payment of tax on the income until

next year.

2. Accelerate deductions

You might also look for opportunities to accelerate deductions into the current tax year. If you itemize

deductions, making payments for deductible expenses such as qualifying interest, state taxes, and medical

expenses before the end of the year (instead of paying them in early 2024) could make a difference on your

2023 return.

3. Make deductible charitable contributions

If you itemize deductions on your federal income tax return, you can generally deduct charitable

contributions, but the deduction is limited to 50% (currently increased to 60% for cash contributions to

public charities), 30%, or 20% of your adjusted gross income (AGI), depending on the type of property you

give and the type of organization to which you contribute. (Excess amounts can be carried over for up to

five years.)

4. Bump up withholding to cover a tax shortfall

If it looks as though you will owe federal income tax for the year, consider increasing your withholding on

Form W-4 for the remainder of the year to cover the shortfall. Time may be limited for employees to request

a Form W-4 change and for their employers to implement it in time for 2023. The biggest advantage in

doing so is that withholding is considered as having been paid evenly throughout the year instead of when

the dollars are actually taken from your paycheck. This strategy can be used to make up for low or missing

quarterly estimated tax payments.

5. Save more for retirement

Deductible contributions to a traditional IRA and pre-tax contributions to an employer-sponsored retirement

plan such as a 401(k) can reduce your 2023 taxable income. If you haven’t already contributed up to the

maximum amount allowed, consider doing so. For 2023, you can contribute up to $22,500 to a 401(k) plan

($30,000 if you’re age 50 or older) and up to $6,500 to traditional and Roth IRAs combined ($7,500 if you’re

age 50 or older).* The window to make 2023 contributions to an employer plan generally closes at the end

of the year, while you have until April 15, 2024, to make 2023 IRA contributions.

*Roth contributions are not deductible, but Roth qualified distributions are not taxable.

6. Take the required minimum distributions

If you are age 73 or older, you generally must take required minimum distributions (RMDs) from traditional

IRAs and employer-sponsored retirement plans (special rules apply if you’re still working and participating

in your employer’s retirement plan). You have to make the withdrawals by the date required — the end of the

year for most individuals. The penalty for failing to do so is substantial: 25% of any amount that you failed

to distribute as required (10% if corrected in a timely manner).

7. Weigh year-end investment moves

You shouldn’t let tax considerations drive your investment decisions. However, it’s worth considering the

tax implications of any year-end investment moves that you make. For example, if you have realized net

capital gains from selling securities at a profit, you might avoid being taxed on some or all of those gains by

selling losing positions. Any losses over and above the amount of your gains can be used to offset up to

$3,000 of ordinary income ($1,500 if your filing status is married filing separately) or carried forward to

reduce your taxes in future years.

 

This information was developed by Broadridge, an independent third party. It is general in nature, is not a

complete statement of all information necessary for making an investment decision, and is not a

recommendation or a solicitation to buy or sell any security. Investments and strategies mentioned may not

be suitable for all investors. Past performance may not be indicative of future results.

Social Security Increases Benefits by 3.2% for 2024

The Social Security Administration has announced a cost-of-living adjustment (COLA) to recipients’ monthly Social Security and Supplemental Security Income benefits. More than 65 million Americans will see the 3.2% increase in their payments beginning in January 2024.

The increase – significantly lower than last year’s 8.79% COLA which was the largest since the 11.2% adjustment in 1981 – is tied to the consumer price index for urban wage earners and clerical workers and was put in place to ensure the purchasing power of these benefits isn’t eroded by inflation. The increase of 3.2% is designed to provide benefit recipients with a COLA commensurate with overall inflation. The increase amount for 2024 is far lower than 2023’s 8.7% or 2022’s 5.9%, but still provides recipients with a nice “raise” in the next year.

According to the Social Security Administration, on average, retired workers currently collect $1,840.27 per month in Social Security payments, or roughly $22,083.24 per year. The 3.2% COLA will add about $58.88 per month to those payments or $706.66 for the year.

Keep in mind all federal benefits must be direct deposited. So, if you haven’t already started receiving benefits, you need to establish electronic transfers to your bank or financial institution. We are happy to help you get set up if needed.

You may also like to know that we’re now in the annual open enrollment period for Medicare. You have until December 7 to review your benefit choices and costs and elect new coverage if you like. Please take the time to go over your options. If you haven’t yet enrolled in Medicare, keep in mind you must do so within the seven-month period around your 65th birthday. Feel free to contact if you have any questions or need assistance.

The end of the year is a good time to review your financial plan to help ensure you’re well-positioned for next year and beyond. A disciplined, comprehensive strategy remains the best approach to help you achieve your long-term financial goals. If you have any questions or concerns about your overall financial plan, please give us a call.

Material prepared by Raymond James for use by its advisors. Changes in tax laws or regulations may occur at any time and could substantially impact your situation. You should discuss any tax or legal matters with the appropriate professional. Investing involves risk, and you may incur a profit or loss regardless of the strategy selected.

The consumer price index for urban wage earners and clerical workers (CPI-W) is a monthly measure of the average change over time in the prices paid by urban wage earners and clerical workers for a market basket of consumer goods and services.

A Plan for All Seasons | Winter 2024

AEGIS Cares | Q3 & Q4 2023

AEGIS Cares Q3 Giving Plan

For our Quarter 3 Giving Plan we partnered with Habitat for Humanity to help build a house for a family in need. On the hottest day of the year, August 23, 2023 we went to the construction site and assisted the team in building walls for a family in need of housing in the community. See some pictures below!

If you wish to volunteer your time or learn more about Habitat for Humanity, visit their website: https://www.foxcitieshabitat.org/

 

AEGIS Cares Q4 Giving Plan

The holiday season can be challenging for local families struggling to make ends meet. That’s why we at AEGIS have chosen to “Adopt a Family” for Christmas. “Adopt a Family” is a Christmas-sharing initiative that pairs community members with financially disadvantaged families to fulfill their holiday needs to learn more about how you can help donate give our office a call at (920) 233-4650 or contact Alyssa directly at alyssa.doro@aegis4me.com

As AEGIS tradition, we donated turkeys for Thanksgiving and will be donating hams for Christmas to Father Carr’s of Oshkosh and St. Joe’s Food program. See some pictures below!

 

             

If there are any organizations or causes that you would like us to support, please call Courtney Deitte at (920) 233-4650 or email her at courtney.deitte@aegis4me.com

What’s New at AEGIS | Quarter 4 2023

What’s Happening at AEGIS Financial

 

Exciting News! AEGIS Documents to Become Automated and Esignable!

We are introducing some automated and E-signable documents to eliminate the hassle of dealing with physical documents and to speed up our procedures. Please check your email on a regular basis if you know of any forms or signatures that we may need. If you have any questions on how to sign or submit form please contact your relationship manager at our office (920) 233-4650.

New Website!

We are excited to announce the launch of our new and enhanced website! After months of hard work and dedication, we are thrilled to introduce a fresh and user-friendly online experience. You can explore the website straight from this blog post or go to our homepage by clicking HERE.

Past Events

Quarter 3 Professional Development Day

On Thursday, November 2nd, we had our third quarter professional development day. This quarter, we had our annual compliance meeting and did some team building at the Glow in the Park mini-golf! Check out some pictures below!

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Annual Veterans Breakfast

On Wednesday, November 8th AEGIS hosted our third annual Veterans Breakfast in honor of Veterans Day. The event was held at the Military Veterans Museum in Oshkosh and included a presentation of colors, the National Anthem sang by our own Courtney Deitte, and guest speaker Colonel Timothy Cody. Thank you to all who attended the event and a big thanks to all of those who have served and continue to serve.

.

Making Appointments Online

Attention all valued clients! Starting August 1, 2023, you will have the convenient option to schedule your investment portfolio reviews online. Keep an eye out for an email that will include the link to schedule your appointment yourself. Act fast if you require immediate assistance.

We appreciate your patience and understanding as we move to our online platform. As always, if you have any questions or concerns, please contact us. We are more than happy to help.

Team Member Spotlight – Chris Otte

Have you met Chris? Click HERE to learn more about her and her role at AEGIS!

Social Media:

Visit us on our Facebook page, “AEGIS Financial,” and find out what’s happening around the office! We will be posting frequently with birthdays and important events for our team members as well as sharing some helpful articles that could help you with your finances!

Market Update Videos!

Bill Bowman, CPA, and Brian Rogers, CFP, frequently share the Investment Committee’s insights on the market and economy. These videos are emailed to you and available on our YouTube Channel, “AEGIS Financial,” and our Facebook and LinkedIn pages! Be sure to like and subscribe! (insert most recent market update)

Successful Women | Winter 2023

On the road and online: what to consider if the van life is calling your inner nomad

Van life can satisfy your wanderlust, or it can become a way of life. Figuring out your “why” will help you evaluate if you can actually do it. Is your aim to see parts of the world you’ve never seen, will this be a temporary move for you? Or are you ready to move your life entirely on the road? Do you want to take a sabbatical? Work remotely and travel? Maybe ditch the corporate world and make an artistic hobby into an online business on the road. Your why will map the way. Find out more.

View more news >

Sustainable fashion and how fashion companies are taking on ESG initiatives

Sustainability is making its way into the fashion industry, with documentaries delving deep into this glittery world, especially fast fashion. When talking about sustainability in fashion, the industry is encompassing everything from packaging to tracing the supply chain for complete transparency with blockchain, to sourcing eco-friendly materials and increased diversity, equity and inclusion at every rung on the corporate ladder. Learn more.

 

Your guide to marriage and money

According to research by Ramsey Solutions, money is the number one reason married couples fight and a leading cause of divorce. So, when it comes to coupling, finances may be what determines success – or not. These tips will help you no matter your marital status.

Successful Women | Spring 2023

 

Parental leave policies leave parents wanting more

Paid leave for new parents hasn’t changed much in 30 years – but we have – and the millennial generation is paving the way for policy change.

View more news >

 

Feel like a fraud?

Your success isn’t based on luck – overcome the insecurity and doubt of imposter syndrome.

 

Wanderlust … but solo.

Traveling abroad alone can be the greatest adventure of your life, and you have more company these days than you may have thought.

Successful Women | Summer 2023

 

 

 

Navigating employer retirement plans

Gone are the days of staying at the same job with the same company for decades. When you’re switching jobs, know your options for dealing with any employer-sponsored retirement accounts you hold.

View more news >

 

Tips for staying connected with remote coworkers

What was once chatter around the water cooler has turned into scheduled virtual coffee breaks. In this remote world we work in, you may have to put forth concerted effort to connect with coworkers. Here are some tips for networking – albeit, virtually – with your colleagues.

 

Lessons from famous female philanthropists

MacKenzie Scott, Melinda French Gates and Priscilla Chan are making waves in the philanthropy space. Wondering how you can follow in their footsteps – or, rather, blaze your own philanthropic path?

 

Spring 2023 | Business Dimensions

Spring 2023

What business leaders should know about the nonprofit sector

Before you pursue your interest or opportunities in the nonprofit sector, discover what business leaders should know about this potentially unfamiliar world.

View more news >

Quiet quitting: what it means, whether it’s real and what you should do

Whether or not quiet quitting is a trend or just a trendy name for a long-standing issue, learn how you can improve employee engagement without alienating your workers.

How business owners can navigate inflation

These five strategies help business owners effectively manage cash flow during inflation and more favorable economic conditions.