December 17th, 2020


First up: Burt Peake takes us on a tour of the trees inside TVAMP 🎄
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Holiday décor is especially necessary this year. We had a local artist paint our windows at the main office to spread cheer!
Step into our office... Featuring Wealth Advisor, Burt Peake, JR.
This tall, natural tree can be found in our large conference room.
The lobby tree and the wreath on the conference room glass are decorated with some lovely brown and gold ribbon.
We have two hardworking elves who stop by to decorate each year: Thanks Reece Foster and Andrea Fisher!
These snow covered trees really make it feel like a winter wonderland.
* * *
Two closeups of the painting on our window.
Hi all,

It's our last newsletter of the year! We hope you're having a warm, wonderful holiday season.

We've really enjoyed working with you through 2020. Believe it or not, all this market volatility reminded us how much we love what we do! We are here to listen to your concerns (focusing on keeping your fears and emotions in check), provide prudent advice, reaffirm your goals, help you make decisions that are in your best interest, and find opportunities for your money. We're extremely proud to be your trusted personal finance team.

We always keep the lines of communication open. TVAMP advisors can be reached via phone (865) 226-9982 or by filling out the form on their page. We are open from 8:00 AM - 5:00 PM Monday through Thursday, and on Fridays until 4:00 PM.


We hope you enjoy this Christmas-y edition of our e-news! We have a drawing for a free copy of one of our favorite books below. It would be a good read for the new year!
Cheers!

🎄 🎄 🎄

Gifts in this edition of e-news:
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🎁 Enter the drawing to win a copy of one of our favorite books

🎁 5 Potential To-do's Before Year End

🎁 Year End Financial Planning Guide (important deadlines you need to know about!)

🎁 A thoughtful investing blog by Wealth Advisor Andrew Cochran, MBA, AAMS®

🎁 Get to Know Wealth Advisor Josh Klinger, JD, AAMS®

🎁 Three Holiday Charcuterie Board ideas

🎁 Bonus article! Kids & Money: What you can do to raise 'em right!
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The Richest Man in Babylon is an insightful book for those ambitious for financial success. It's one of our favorites!

Although it was published about 100 years ago, the financial advice dispensed by author George S. Clason will always be relevant... Administrative Assistant, Carol Glasgow calls it a "classic, inspirational (yet practical) book!"

To Enter:
Reply to this email with your name and phone number.
Drawing will be on December 21st!
(We'll ship it directly to you!)
December Spotlight: Year End Planning
Five potential to-do's before 2020 draws to a close:

  1. Establish or contribute to a Solo 401(k). Available to unincorporated businesses or self-employed. Allows you to contribute far more than you could to a traditional 401(k).
  2. Take your RMD. Anyone with an IRA, 401(k), 403(b), 457, Simple IRA, or SEP IRA age 72+. Keep in mind, the CARES Act suspended RMDs for 2020. (Taking it is optional this year).
  3. Pay expenses for itemized deductions. If you’re likely to deduct more than the $24,400 standard deduction (married) or $12,200 (singles), itemizing your deductions can make sense. But in order to itemize, you’ll need to actually spend this money in 2020. Some of the expenses that can be itemized include home mortgage interest, property, state, and local income taxes, medical expenses, charitable contributions, and investment interest expenses.
  4. Make tax-deductible charitable contributions and annual tax-free gifts. Taxpayers can deduct charitable contributions so long as these contributions are made in cash and don’t exceed 60 percent of the taxpayer’s adjusted gross income (AGI). However, certain “qualified” contributions can be deducted up to 100 percent of the taxpayer’s AGI.
  5. Sell stock. The end of the year can be a good time to take stock of your holdings and rebalance them if necessary. You may find that the rise in certain sectors (like tech) and decline in others (like energy) has skewed your asset allocation.

Read the full blog here. Call us if you have specific questions about any of this!
Citations below.
The Year End Planning Guide is here! Call us if you have specific questions!
Andrew Cochran's first blog!

Andrew loves watching a financial plan come together. Sometimes there are a lot of moving parts to take into consideration... In his debut blog post, he writes a bit about why clients should remember investments are only one piece of the pie.
Quick Video: Get to know Josh Klinger, J.D., AAMS®

Josh says everyone deserves to sit down with a financial advisor. He pays attention to details, he's easy to talk to, and he coaches you through life's many financial decisions. Check out his video to get to know him better.
Upcoming Market & Office Closures:

  • Thursday, December 24th- Christmas Eve! Our office and the markets closes at 1:00 PM

  • Friday, December 25th- Merry Christmas! Offices & markets closed.

  • Friday, January 1st, 2021 - Happy New Year! Offices & markets closed.
Three Charcuterie Board Ideas

Back in the good ole' days, when we hosted in-person client appreciation events, we would put together charcuterie boards for everyone to enjoy while mingling. It's such a delicious appetizer and the best part: NO. COOKING. INVOLVED.

Charcuterie boards are perfect to snack on while the main courses are cooking! We found some ideas for you this holiday season that you might want to try (ready to print and take with you to the store):






Bonus Article: Raising Money Smart Kids
Looking back on 2020...
We feel there's still much to be thankful for this holiday season. Warm wishes to you and yours! E-news will resume January of 2021.
⏩ Feel free to forward this email to a friend so they can enjoy the same insight you receive!

🤝 If you'd like to schedule a time to talk with one of our advisors, please send an email to connect@tvamp.com or call us at (865) 226-9982.

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