WINTER NEWSLETTER
HAPPY 2024!
I hope that everyone had a wonderful holiday season.
WE MOVED OFFICES! Still on Perry Highway, about 2 miles north, now in the Wexford Professional Buildings (Building 3)…
11676 Perry Highway, Suite 3104
Wexford, PA 15090
In addition, we no longer have a landline, my direct number (which is also my cell)
is: 412-605-7900. E-mail is still: klingenfelser@cfnmail.com.
Once again, please know that all 1099’s will be sent out by February 28th at the very latest and over the past few years the post office has taken weeks to deliver. That said, there are several options to receive your tax documents faster…
- As soon as your tax documents are available online, I can print off and mail you a copy.
- As soon as your tax documents are available online, you are able to go on and print them yourself.
- As soon as your tax documents are available online, I can e-mail them to you securely.
Also know that you may max out your IRA contributions (Traditional and/or Roth) for 2023 up until April 15th. The max is $6,500 per individual under age 50 and $7,500 per individual over age 50.
Now that it’s a new year I will be starting to contact everyone over the next several weeks to schedule annual reviews. As always, I am willing to work around your schedule and have no problem meeting with you whether it’s during an evening or even on a weekend.
Thank you for your continued trust and confidence in me and our team. If I am ever not meeting your standards, please let me know where I need to improve and I promise to work harder to reach the level you expect and deserve.
Please do not hesitate to tell a friend or relative the financial services we offer. A referral from a client is a very much appreciated vote of confidence and will never be taken for granted. It is the primary method of how we grow our practice. Thank you.
I look forward to helping you achieve your long-term investment goals.
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ADVISING YOUR COMPANY RETIREMENT PLAN
Do you have questions or concerns with your company retirement plan? Do you find the investment options offered confusing and overwhelming? Once again, through Commonwealth Financial Network: Retirement Planning Research Team we are now able to advise you on your plan even if it remains outside Commonwealth and with your employer. If you would like you further discuss this please contact me.
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FISHER INVESTMENTS
Have you heard their commercials? The first thing they say is “they’re different than other money managers.” Honestly they’re not… They are a “fee” based firm just like over 90% of all firms today. That said, “fee” is never mentioned in their commercials. Myself, and Lingenfelser Financial Services (through Commonwealth Financial Network), are a fee-based firm. Therefore, everything that you hear in their commercials, we do the same.
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BY THE NUMBERS
- Due to multiple rule changes, the average 9-inning major-league baseball game in 2023 was just 2 hours and 39 minutes, the shortest average game time since 1985. Fans responded by going to more games. Total attendance for all MLB games in 2023 surpassed 70 million for the first time since 2017, and attendance rose 9.6% versus 2022; the biggest year-over-year (y/y) increase since 1993 (source: MLB).
- With injuries to many, many quarterbacks (Aaron Rodgers, Deshaun Watson, Joe Burrow, etc.), more than $173 million in guaranteed QB salaries and bonuses is out for the remainder of the NFL season (source: Wall Street).