• News

  • PKS Investment Advisors LLC Announces New Partner

    PKS Investment Advisors LLC, is pleased to announce that Gigi G. LeKites, CFP®, CRPC®, has been admitted as a partner with the firm. Her admission is a direct result of her continued commitment to client service, business acumen and technical proficiency. Dan O’Connell, managing partner of PKS, is proud to have Gigi join the partner team. “It’s a privilege to recognize Gigi on this ...

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    Crypto Crash

    Stocks have been battered by the Federal Reserve’s quest to rein in the highest rate of inflation in 40 years. So far, however, investors have expressed little concern over the crisis that has rocked cryptocurrencies. It’s a far cry from the reaction to Lehman’s demise in 2008, which sparked the financial crisis and nearly wrecked the global financial system.     MTD% YTD% ...

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    Building Up Your Knowledge Base About Bonds

    Bonds have a reputation as a "safe" investment compared to stocks. In some respects, that's true. But they can also be risky, which is why investment advisors generally recommend that people in typical circumstances keep a balanced portfolio -- in other words, one that includes both stocks and bonds. If you have a retirement savings account, you probably do own stocks and bonds, contained within ...

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    Avoid IRA Rollover Tax Traps

    An IRA rollover is usually a tax-smart move, because it allows you to continue to defer taxes on the amount you roll over. But Congress has laid traps for the unwary. Here's how to avoid the most common IRA rollover tax pitfalls. Arrange Direct Transfers from Company Plans After leaving a job, you may want to roll over funds from your former employer's qualified retirement plan (or plans) into ...

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    4 Reasons to Update Your Will

    Wills aren't one-and-done deals. In fact, it's common for people to update their wills more than once. After all, a life event — or even a change of mind — can alter who you want to name as beneficiaries. However, we usually recommend reviewing your will every ten years. Below are four circumstances that require you to act promptly and update your will. Revisions vs. Codicils First, a ...

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    On October 12, 2022, we hosted an educational webinar on how to protect yourself from cybercrime and identity theft.  Watch this video to learn more about:  Why children are the biggest targets for identity thieves, how to recognize if your child's identity has been stolen, and practical steps you can take to protect them.   How to recognize the various tactics used by fraudsters to trick you...

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    Colton J. Hastings Earns CFP® Designation

    PKS Investment Advisors LLC is pleased to announce that Colton J. Hastings, CFP® has been authorized by the Certified Financial Planner Board of Standards (CFP Board) to use the CERTIFIED FINANCIAL PLANNER™ and CFP® certification marks in accordance with CFP Board certification and renewal requirements. The CFP® marks identify those individuals who have met the rigorous experience and ethical...

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    Recession Preparation

    By: Gigi G. LeKites, CFP®, CRPC®    Inflation is up, the market is down and now there’s talk about a recession! Just the idea of a recession makes the calmest person sweat. And what if a recession is coming? Is there something we should be doing to prepare? Yes, there are a few things you can do to prepare for a recession. However, first things first: don’t let it steal your joy!   ...

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    Striking a Balance Between Retirement Planning and College Saving

    For 2022, the amount you can sock away into your 401(k), 403(b) and most 457 plans will rise another $1,000 to $20,500. If you're at least 50 years of age, you can put away up to $27,000 thanks to catch-up contributions. The limit on "total additions" to those plans — that is your deferrals and employer contributions combined — rises to $61,000 in 2022 or $67,500 if you're at least 50. While ...

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