2020 Financial Checkup

Updated: Feb 28, 2020

Review your investment plan. The early part of the year is an excellent opportunity to closely evaluate performance.

Rebalancing is important to

maintain proper asset allocation. Risk tolerance is also very important. Investors tend to take on uncomfortable levels of risk in rising markets. When market volatility returns they realize that the hard way.

Check out my recent comments on Forbes.com

Fund your IRA before you file taxes!

Review Retirement Account Contributions. If you've not made a 2019 contribution to your retirement fund you have until April 15, 2020 to make a contribution.

Be sure that you are taking full advantage of any matching contributions by your employer.

See my recent comments on Forbes.com. Focus On These Year-End Tax Tips Right Now

Contribute to an IRA.

If you did not fund an Individual Retirement Account in 2019 there's still time.

For 2019, your total contributions to all of your traditional and Roth IRAs cannot be more than:

  • $6,000 ($7,000 if you’re age 50 or older), or

  • your taxable compensation for the year, if your compensation was less than this dollar limit.

Need help? With these or any other Tax and or Investment related questions

please take advantage of our free consultation. 228-229-5020

If you've been investing in a plan and in 2019 reach the age of 70 1/2 by April 1st don't forget about the Required Minimum Distribution RMD. The new SECURE Act has pushed this age out to age 72. Are you prepared? See comments on Fiduciarynews.com

Fund your children or grandchildren's future

In today’s America, about two out of three high school graduates enroll in a four-year college. And about 70 % of students graduate with loans.

I can’t put enough emphasis on the fact that 529 plans are a fantastic way for parents and grandparents to start saving for their children's college education early. 529 plans are an easy way to save and invest your money, and they have several financial benefits:

529 plans are funded with after-tax money but grow tax-free

Distributions are tax-free as long as they’re used for qualifying education expensesA variety of expenses qualify – not just college tuition

You can use the funds for private K-12 tuitionOther people, such as grandparents, can contribute to the account.

  • It's also important to be sure that you have a Will. Name your benefices on all of your accounts and insurance policies.

  • Paying down debt, such as student loans or even other types of debt. Do stop investing for your future. See this recent article on Forbes.com

Reach out for a free consultation and learn how 35 years of investing experience will help you achieve your goals and dreams. Here's a handy form to get started planning your future!

Recent Posts

See All

Privacy Policy. 

Akin Investment never sells your information. All information gathered on this website is for the purpose of helping our clients and nothing is shared or sold to any third party. We value our clients trust and privacy.


This web site contains links to other sites. Please be aware that we are not responsible for the content or privacy practices of such other sites.  We encourage our users to be aware when they leave our site and to read the privacy statements of any other site that collects personally identifiable information. 


External links disclaimer. Throughout our site you will find links to external websites Although we make every effort to ensure these links are accurate, up to date and relevant, Akin Investment Advisory cannot take responsibility for pages maintained by external providers. Â Please note that external links from this website are provided as a courtesy. We take no responsibility for information contained on external links from this website. 


Registration or subscriptions

In order to use certain sections like our “Book online” feature on this website, a user must first complete the registration form.  During registration a user is required to give certain information (such as name and email address). This information is used to contact you about the services on our site in which you have expressed interest.  At your option, you may also provide demographic information (such as gender or age) about yourself, but it is not required. 


This site is intended for clients and interested investors residing in states where Akin Investments, llc is qualified to provide investment services. Akin Investments, llc is a Registered Investment Adviser, located in Biloxi, Mississippi registered with the State of Mississippi. Akin Investments, llc may conduct business in those states or locations in which it is registered or qualifies for an exemption or exclusion from registration requirements similar to or as provided for under established de minimis rules.


Akin Investments, llc website in no event shall the presence of this website on the internet be interpreted or construed as a solicitation to provide investment advisory services outside of the State of Mississippi, South Carolina or outside of those states with an established de minimis rule. If you have questions on your specific situation please reach out to Akin Investments, llc at (601) 974--0549.


Akin Investments, llc does not make any representations or warranties as to the accuracy, timeliness, suitability, completeness, or relevance of any information prepared by any unaffiliated third party, whether linked to Akin Investments, llc. web site or incorporated herein, and takes no responsibility therefor. All such information is provided solely for convenience purposes only and all users thereof should be guided accordingly.


  • LinkedIn Social Icon
  • Facebook Social Icon
  • Twitter Social Icon
  • Pinterest Social Icon
  • Instagram Social Icon


102 North Mill Street, Suite 906 Jackson, Mississippi 39201 


All Rights ©2015-2021 by Akin Investments, LLC. Proudly created with Wix.com