MONTHLY NEWS AND INFORMATION FOR CURRENT AND FUTURE RETIREES PRESENTED BY UPAL – OCTOBER 2021 QUOTE OF THE MONTH “The great thing about getting older is that you don’t lose all the other ages you’ve been.” MADELEINE L’ENGLE ROBOCALLS, ROBOTEXTS: PROTECT YOURSELF, AND YOUR MONEY Are you getting more unwanted text messages on your phone than you used to get? That is partly the result of a good thing – robocalls have declined. Robotexts, however, have increased. As robotexts bilked Americans out of $86 billion in 2020, you want to…
MONTHLY NEWS AND INFORMATION FOR CURRENT AND FUTURE RETIREES PRESENTED BY UPAL – SEPTEMBER 2021 QUOTE OF THE MONTH “Every laugh line, every scar, is a badge I wear to show I’ve been present, the inner rings of my personal tree trunk that I display proudly for all to see. Nowadays, I don’t want a perfect face and body; I want to wear the life I’ve lived.” PAT BENATAR POSSIBLE CHANGES FOR CATCH-UP CONTRIBUTIONS Since 2002, Americans aged 50 and older have been permitted to make annual “catch-up” contributions to…
MONTHLY NEWS AND INFORMATION FOR CURRENT AND FUTURE RETIREES PRESENTED BY UPAL – AUGUST 2021 QUOTE OF THE MONTH “Getting old is like climbing a mountain; you get a little out of breath, but the view is much better!” INGRID BERGMAN CAN HAVING THREE GOOD FRIENDS PROMOTE A HAPPY RETIREMENT? We can reasonably say that the more money you retire with, the more potential you have to enjoy retirement. Now, what about friendship? If you maintain some strong friendships and an active social circle after age 60, can that make…
MONTHLY NEWS AND INFORMATION FOR CURRENT AND FUTURE RETIREES PRESENTED BY UPAL – JULY 2021 QUOTE OF THE MONTH “Do something wonderful, people may imitate it.” ALBERT SCHWEITZER IS FINANCIAL HEALTH A FACTOR IN YOUR OVERALL HEALTH? Data from a newly released Harris Poll of more than 1,000 U.S. workers suggests that a majority of pre-retirees might answer “yes” to that question. Sixty-six percent of respondents to the poll identified their financial health as a component of their overall well-being. In fact, financial health ranked up near physical health (74%)…
MONTHLY NEWS AND INFORMATION FOR CURRENT AND FUTURE RETIREES PRESENTED BY UPAL – JUNE 2021 QUOTE OF THE MONTH “Carry out a random act of kindness, with no expectation of reward, safe in the knowledge that one day someone might do the same for you.” DIANA, PRINCESS OF WALES COULD A SECOND SECURE ACT TWEAK RETIREMENT RULES? When the Setting Every Community Up for Retirement Enhancement (SECURE) Act became law in 2019, it altered retirement plan contribution and distribution rules. There may be an encore. The Securing a Strong Retirement…
MONTHLY NEWS AND INFORMATION FOR CURRENT AND FUTURE RETIREES PRESENTED BY UPAL – MAY 2021 QUOTE OF THE MONTH “Embrace the glorious mess that you are.” ELIZABETH GILBERT PANDEMIC ECONOMY OR NOT, SOME ARE ASPIRING TO RETIRE EARLY A new study from Hearts and Wallets, a research firm founded in 2010 to study American retirement saving and investing trends, hints that the dream of retiring in late middle age is alive and well, although perhaps in need of a reality check. The survey results, culled from responses to questions posed…
MONTHLY NEWS AND INFORMATION FOR CURRENT AND FUTURE RETIREES PRESENTED BY UPAL – APRIL 2021 QUOTE OF THE MONTH “Pretending is not just play. Pretending is imagined possibility. Pretending, or acting, is a very valuable life skill and we do it all the time.” MERYL STREEP ARE YOUR FEDERAL INCOME TAXES DUE IN MAY? MAYBE, MAYBE NOT In March, the Internal Revenue Service announced that it was pushing the deadline for 2020 federal tax returns ahead to Monday, May 17. This extended due date does not apply to all individual…
BOK Financial’s Q2 2021 Economic & Market Outlook Call
Date:
J. Brian Henderson, BOK Financial’s Chief Investment Officer, will provide a comprehensive market analysis, review the latest U.S. and global economic conditions and discuss what it means for you and your business. SPEAKERS: Brian Henderson, Executive Vice President, Chief Investment Officer Matt Stephani, President, Cavanal Hill Investment Management Doug Benton, Vice President, Senior Municipal Credit Manager, Cavanal Hill Our Quarterly Economic & Market Outlook calls have moved to Webex. Please register HERE. Wednesday, April 14, 2021 3:30- 4:30 p.m. CT Submit a Question You may submit a question in advance here. All…
MONTHLY NEWS AND INFORMATION FOR CURRENT AND FUTURE RETIREES PRESENTED BY UPAL – MARCH 2021 QUOTE OF THE MONTH “The life you have led doesn’t need to be the only life you have.” ANNA QUINDLEN NEED CASH? AVOID TAPPING YOUR RETIREMENT ACCOUNT Imagine if your 35-year-old self magically appeared in front of you one day and asked for a percentage of your retirement savings or a bit of your retirement income. While this would never happen, something financially analogous happens in the lives of too many people. They withdraw assets…
What you need to know to get ready for the end of the year. Provided by UPAL With one year ending and a new one on the cusp of starting, many people will consider their resolutions—not their estate strategy. But the end of the year is a great time to sit down and review your preparations, especially when you’re spending more time with your loved ones; even more important if you have a complicated estate that may need to get managed after you’re gone. Call a family meeting. Many people…
