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NEWSLETTERT H E O F F I C I A LMAY + JUNE 2023

TABLE OF CONTENTSBlog—Maxmimize TaxSavings in RetirementHelpful Resources03Help us welcome four newemployees to the team! Also getinfo on hiring at Fullerton.Market Watch Wednesday04Learn about a webinar we recentlyhosted about the current market.05New to the TeamLearn about our serving initiatveduring Q1, and how you made animpact.06Calendar of EventsFind out what exciting events aretaking place at Fullerton in 2023.0710Read our latest blog post aboutmaximizing your tax savings.Read our latest blog post aboutmaximizing your tax savings.0911From the Desk of BeezerWho We AreResources and important informationbrought to you by the Fullerton pup.Learn about the Mission Statement &Core Values that form our foundation.12Contact UsWe'd love to hear from you! Learnhow to contact Fullerton Financialand stay in touch.S E E W H A T ' S I N S I D EBunk Bed Build

2023 Upcoming EventsF I N D O U T W H A T ' S G O I N G O N A T F U L L E R T O NMayJulySeptemberNovemberNovemberJune + July241929818TBDCoffee Talk - Technology TipsCoffee Talk - Read Your StatementVolunteer DayCoffee Talk - MedicareCoffee TalkHarvest of ThanksOur most requested Coffee Talk of the year, its all about thoseTechnology Tips and Tricks! Walk away understanding how to read your annuity statements.We love to serve our community alongside our clients andemployees. Watch your email for more information and ways toserve. Medicare. We will help answer any questions you have aboutMedicare just in time for open enrollment. The topic is to be determined. If you have a suggestion or topic youwould like us to cover email clientevents@fullertonfp.com Our annual Client Appreciation Event. This is our most favorite eventof the year. Clients who are friends, family, yummy food and lots offun! For Questions or to Register email:clientevents@fullertonfp.comOr call our office and ask to speak with Kristin Ornoski. All event dates are subject to change.

NEW EMPLOYEESH E L P U S W E L C O M E T H E M !ASHLEE GIBBSMEAGAN PETRARIUMEGAN FRIENDMARY ROSE EAGANAccounting Associate We're thrilled to introduce you to Ashlee! Ashlee has joined us asan Accounting Associate and brings with her a wealth ofexperience, skills, and a positive attitude that we know will makea valuable contribution to our organization. She has 3 childrenand loves _______.Another outstanding team member coming your way! Meaganhas joined out Servicing team as a Servicing Associate. Herdedication, skills, and positive attitude have truly made adifference in our office. We're grateful to have Meagan as part ofour team, and we look forward to seeing her continued successand contributions to our organization.Say hi to another Megan! You read that right another Megan!! Weare excited to have her join us as a First Impression Concierge inPeoria. Not only does she shine in customer service, but she alsocan keep us safe with her 10 plus years experience in MMA, she isa first-degree black belt!! Say hi to Megan. Mary Rose brings an impressive wealth of experience andexpertise to our team. She is joining us as our Senior Director ofSales and New Business. Not only does she possess a fantasticattitude and positive energy that brightens up our workplace, butshe also is a mother of six children. Spend two minutes with MaryRose, and you will fall in love with her as we have. First ImpressionsConcierge Servicing AssociateSr. Director of Sales andNew Business

WE ARE HIRING!Do you know someone who wouldbe a great fit for our team?Send them to: fullertonfp.com/careersOr scan this codeTRACY FLYERALONSO ALVAREZMeet Alonso. Alonso is joining us as an awesome Servicing TeamMember. Don’t let his calm cool persona fool you; Alonso knows athing or two about working hard in chaos. He is a first-generationMexican American who travels down to work as a cowboy on hisfamilies ranch in Mexico. We are super grateful to have him on ourteam and are sure he is going to make us better each day. Tracy is joining our team as a Frist Appointment Scheduler. Herbubbly and warm personality will make you feel right at home.We are so lucky to have her on our team and know you will beoverjoyed to interact with her. And if you don’t catch her here, youmight catch her in the evenings leading cycle classes at a gymnear by! NEW EMPLOYEESH E L P U S W E L C O M E T H E M !First AppointmentSchedulerServicing Associate

QUARTERLYCOMMENTARYG E T T H E R E C A PScan here to see more:Will the Fed pause interest rate hikesat its May meeting?Is a recession still possible – and howdeep could it go?What do banking industry strugglesmean for you?Want to know more? Get all theinsights below:The first quarter of 2023 is behind us!Markets started the year strong, only todrop significantly amid banking industrystruggles in early March. But springushered in a new upward trend formarkets, and the quarter ended withpositive returns for investors.Will the next quarter be a season ofconfidence for investors? Here’s whatwe’re keeping an eye on over the next fewmonths:The Quarterly Commentary is a greatopportunity to engage (virtually) with theFFP community. Stay tuned for futurewebinars!Quarter One 2023Live Webinar

We want to express our sincerest gratitude to everyone for coming out on Saturday, April 15th, to help buildbunk beds for children who do not have beds. Together, we built 100 bunk beds, providing a comfortableand safe place for children to rest their heads at night.Sleep in Heavenly Peace is an organization dedicated to ensuring that no child has to sleep on the floor inour town. We are proud to have partnered with such a wonderful organization, and we are grateful for theirsupport throughout the event.We are truly grateful for your support and dedication, and we hope you will continue to join us in our effortsto make a difference in the lives of those in need.WE WANT TO SAY THANK YOU!BUNK BED BUILDS E R V I N G O U R C O M M U N I T Y

Universal advice about maximizing tax savings inretirement is hard to come by because every retirementsaver and retiree’s situation is different.For example, does it make sense to delay SocialSecurity benefits for you or your spouse until 70, or isthe upside of taking early payments a net benefit forone or both of you?The answer may be completely different depending onyour financial situation, life expectancy, ability to workand overall retirement goals, which is why generalizedguidance should always be taken with a healthy doseof skepticism.Consulting with a retirement planner, financial advisoror tax expert before you make any decision that willimpact your retirement income, especially decisionsthat have significant tax implications, is likely in yourbest interest.Maximize contributions to tax-advantaged retirement accounts such as401(k)s, traditional IRAs, and Roth IRAs during your working years. Savingfor retirement in tax-advantaged plans is one of the few universallysuggested pieces of advice.If you’re still working and suspect you’ll end up in a higher tax bracket inretirement, consider opening a Roth IRA or performing a Roth IRAconversion. After-tax dollars are invested into a Roth IRA, which meansthe money you withdraw in retirement isn’t taxed as income. If you’recurrently being taxed at 22 percent but expect to be taxed at 32 percentdecades in the future when you retire, it may make sense to pay the 22percent tax now rather than the 32 percent in retirement.The IRS has strict rules on who can qualify for a Roth IRA. Your modifiedadjusted gross income (MAGI) needs to be below $144,000 (2022) forsingle filers (increasing to $153,000 for the 2023 tax year). (continued...)w w w . f u l l e r t o n f p . c o mF u l l e r t o n F i n a n c i a l P l a n n i n gWAYS TO MAXIMIZE YOUR TAX SAVINGS WHENAPPROACHING AND IN RETIREMENTHowever, there are a number of commonrecommendations you may frequently hear or readwhen doing research on tax savings in retirement:12NEW BLOG

Plan charitable contributions strategically. Some retirement savers and retirees may be eligible for a charitable IRA rollover orcharitable trust to reduce their long-term tax burden.Consider downsizing your home or relocating to a lower-cost area to reduce living expenses and taxes. Arizona is on the lower endof state real estate tax rates at just 0.66 percent as of the 2022 tax year. However, that can add up if you’re on a tight fixed incomeand you live in a high-value home. This can be especially problematic for property owners who have seen dramatic homeappreciation over decades of living in the same house. (In Arizona, property taxes are based on Limited Property Value. A lawapproved by AZ voters in 2012 limited the rate of LPV increases to no more than five percent a year.)OUR RETIREMENT PLANNING TEAM IS HERE TO HELPAt Fullerton Financial Planning, most of our efforts are dedicated to a happier topic – ensuring that you have the assets to maintain your desired quality of life during a long, relaxing and productive retirement.Although it’s not a fun topic to discuss, end-of-life planning is an unavoidable aspect of aging. We’re happy to provide additional tax planning and estate planning services to ensure we can provide a one-stop solution for our clients in Phoenix.Speak with one of our planners today by calling (623) 974-0300.Married and joint filers must have a MAGI under $214,000 as of 2022 (increasing to $228,000 in 2023).Not every retiree or person considering retiring in the near future is fully apprised of all the tax implications of benefits. SocialSecurity isn’t obligation free – it is considered taxable if your provisional income is over a certain threshold.You may want to consult with a tax preparer or financial advisor for specifics on how taking out Social Security early may impactyour provisional income and your tax burden. Waiting until a later age, like 70, may help keep your income (and tax burden) lowerin your latter working years. Delaying Social Security benefits can contribute to the accrual of delayed retirement credits, boosting your Social Security for theremainder of your life. Spousal benefits and life expectancy can change the equation significantly, which is why there’s often noone-size-fits-all answer to the question of when to begin taking your Social Security benefit.Some retirees may be able to make use of a strategy known as “tax-loss harvesting” to offset capital gains with losses frominvestments that have decreased in value. This can be a particularly powerful strategy for retirees with a significant capital gainsburden.Maximize your tax savings by taking full advantage of all the credits and deductions you might be eligible to receive. For some taxfilers, the standard deduction may still be preferable to itemizing. In many cases, filers are taking the standard deduction becausethey simply aren’t aware of all the nuanced ways in which they may be able to benefit from current tax law. Working withexperienced financial advisors or tax planners may help. Certain credits or deductions, like those related to disabilities, age ormedical expenses, may be newly available for many recent retirees.Most retirees, including those well-versed in their retirementinvestments and finances, aren’t always fully versed in all thepotential ways they could be reducing their tax burden in retirement.Having your plan reviewed by retirement planners is one of the mostreliable ways to ensure your retirement income and taxes are fullyoptimized for your unique situation.34567Consult with a tax professional orretirement planner.

Woof, woof! Hey there, hooman pals!It's me, Beezer, the office dog, writing you a paw-some update from my doggy perspective. Youknow, being the official office pup comes with a lot of responsibilities, like making sure everyonegets enough belly rubs and providing moral support during those ruff Mondays. So, here's what'sbeen going on in my doggy world!First off, I gotta tell ya, I've been hard at work guarding the office from birds and pesky deliverypeople. I've also been keeping a close eye on the office snacks, just in case someone accidentallydrops a treat (I'm always ready for a quick cleanup, hehe!). My wag-tastic tail has been waggingnon-stop, spreading good vibes to keep everyone's spirits up. After all, who can resist the charm of alovable, four-legged furball like me?In case you didn't know, I've been taking my professional development seriously. I recentlycompleted my "Barketing 101" course and earned my "Master Barker" certification. I'm now well-equipped to provide expert advice with a friendly wag and a cute tilt of the head. Trust me, it's aproven strategy! Who wouldn't want to do business with a company that has a charming dog as itsmascot, right?Well, that's it for now, hooman pals. I'll keep wagging my tail and spreading smiles around the office.If you need a dose of unconditional love or a wagging tail to brighten your day, just swing by myoffice (aka my favorite spot by Penny) – I'll be here, ready to greet you with my signature wag and abig, slobbery kiss!Until then, keep smiling and keep chasing those birds!FROM THE DESK OF BEEZERR E S O U R C E S + I M P O R T A N T I N F OA PAW-SOME UPDATE FROM BEEZER, THE OFFICE DOG!

WHO WE AREO U R M I S S I O N S T A T E M E N T + C O R E V A L U E SMISSION STATEMENTFullerton Financial Planning serves andempowers our community throughfinancial stewardship, so that together, wecan impact all generations. CORE VALUES

Contact UsLet's Get Social!Corporate Phone: (623) 974-0300 · Tempe Phone: (480) 912-4500Fax: (623) 974-0330 · Email: Info@fullertonfp.comAs Seen & Heard OnWatch us weekly on Saturdays on 12News at 4:30am, and on Sundays on CBS Channel 5 or KUTP FOX 10 at 09:30am.Listen to us on 92.3 KTAR FM on Saturdays at 1:00pm or Sundays at 6:00pm.Stream the Fullerton Financial Hour podcast on both Apple Podcast and Spotify.Watch us nightly on NBC Channel 12 News.Grab Stephanie Fullerton’s book, “What to Look for in an Advisor”, available in our office or online at Amazon.com Fullerton Financial Planning is an investment adviser registered under the Investment Advisers Act of 1940. Registration as an investment adviser does not imply any level of skill or training. Formore information please visit: https://adviserinfo.sec.gov. This presentation has been provided for informational purposes only and is not intended as legal or investment advice or arecommendation of any particular security or strategy. The investment strategy and themes discussed may be suitable for everyone, it depends on each person’s specific investment objectivesand financial situation. Information obtained from third-party sources is believed to be reliable though its accuracy is not guaranteed. Opinions expressed in this commentary may reflectsubjective judgments of the author based on conditions at the time of publication and are subject to change without notice. Past performance is not indicative of future results. 14155 N. 83rd Ave.Suite 144Peoria, AZ 85381Corporate Office:Tempe Office:600 E. Rio Salado Pkwy.Suite 102Tempe, AZ 85281F A C E B O O Kfacebook.com/fullertonfinancialplanningT W I T T E Rtwitter.com/fullertonfpI N S T A G R A Minstagram.com/fullertonfinancialplanningY O U T U B Eyoutube.comSearch: Fullerton FinancialPlanningL I N K E D I Nlinkedin.com/company/fullerton-financial-planning