November 2023 Newsletter

A New Way to Look at Money

When it comes to learning about money and finance, many of us are intimidated. It can seem like a complicated topic where only those with specialized training and knowledge can truly grasp the important principals. But don’t be so sure about that. Axiom President Mike Grau is recommending a book to all his clients that one reviewer sums up by saying, “Financial success is not a hard science. It’s a soft skill, where how you behave is more important than what you know.” The book is The Psychology of Money. Click here to learn from Mike about why he wants not only his clients to read this, but their children and grandchildren as well.

Year-End News About Retirement Accounts

Required Minimum Distributions (RMDs) are minimum amounts that IRA and retirement plan account owners must withdraw annually, starting the year they reach age 72 (73 if you reach age 72 after Dec. 31, 2022). While we help ensure all your RMDs with Axiom are handled, this is a reminder that if you have a retirement account outside of Axiom, be sure you meet the deadlines. Generally, you must take your distribution every year by Dec. 31 in order to avoid penalties. You can choose to delay taking your first distribution until April 1 of the year following the year you turn 73. For more information on RMDs, click here.

Holiday Office Hours

As the holiday season approaches, we hope everyone will have the chance to spend more time with their families or doing whatever brings them joy. To make this possible, we will be modifying our office hours during the latter part of November and December. Please note, we’ll make every effort to accommodate requests for appointments or meetings outside of these times, if needed. Best wishes to you and yours for a very happy and healthy holiday season!

Click here for a listing of the modified office hours.

Insuring Against Life’s Risks

There is a connection between insurance premiums and financial wealth. Often people overlook the importance of protecting against unpredicted risk when they are more keenly focused on their portfolios. Don’t underestimate the value of insuring against future events that could literally change your life. Click here for some key points to remember.

Veterans Day Parade

Join the excitement of this major undertaking to honor our Veterans. The 2023 parade Grand Marshal is Captain (Ret.) Marj Graves, Vietnam Veteran Army Nurse. Captain Graves and her husband Bob, Army Vietnam Vet, will lead the parade through downtown Louisville. A highlight of the event will be the convergence of restored and active duty military vehicles and parade units at a rendezvous point in downtown. Go here for info and schedule. November 11.

Be a Blessing
5K & 1M Fun Run

Lace up your running shoes for a great cause. The run is open to all abilities and ages and is not a timed event. It’s hosted by “Blessings in a Backpack Floyd County,” which provides local elementary school kids, who are on free or reduced lunch programs, with a backpack of food to take home on 38 weekends of the school year. The fun starts at
9 a.m. on November 4 in Sam Peden Park. Click here for tickets and more info.

Cirque Musica
Holiday Wonderland

A holiday-themed show will usher in the magic of the season. Cirque Musica blends the grace and thrills of some of the world’s greatest cirque performers with stunning symphonic music. You and your family will be dazzled by the acrobats, aerialists, hijinks and holiday cheer. November 28 at the Louisville Palace. For more info, click here. Tickets are sold through Live Nation.