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NEWSLETTERTHE OFFICIALMAY + JUNE 2024A look into the grandopening of our new North Scottsdale location!FEATURING

TABLE OF CONTENTSContact Us03See a recap of the grand opening of our new Scottsdale location.Event: Bunk Bed BuildFrom the Desk of Beezer04Join us for our annual bunk bed build for children and families in need.Resources and important information brought to you by the Fullerton pup.0607Scottsdale Grand Opening RecapUpcoming EventsFind out what exciting events are taking place at Fullerton in the new year.0812Helpful ResourcesMeet the TeamFrom blogs to resources and events, stay in the know and up to date with these helpfulresources.Get to know some of the faces behind Fullerton Financial Planning.Read our latest blog post about tinvestment sectors to keep your eye on throughout this year.We'd love to hear from you! Learn how to contact Fullerton Financial and stay in touch.1111SE E WHAT ' S IN S IDEBlog: Social Security Taxation

SUMMER 2024 EVENTSFIN D OUT W HAT ' S GO I N G O N AT F U LLE R T ONFor Questions or to Register email:clientevents@fullertonfp.comOr call our office and ask to speak with Maggie Cady. All event dates are subject to change. MAY111521Bunk Bed BuildCoffee Talk: TravelGolf EventJUNEJULY19TBDCoffee Talk172127Coffee TalkBack to School DriveCoffee TalkBingo NightAUGUST

We wanted to extend our heartfelt gratitude for joining us at the grand openingcelebration of our latest office in North Scottsdale. It was an event to remember,and we're thrilled you could be a part of it! Enjoy a look at some of highlights fromthe day. SCOTTSDALE GRAND OPENINGLOO K I NG B A CK A T TH E EVE N TTHANK YOU FOR JOINING US!

Guests kicked back and grooved to the sounds of music, setting the tone for a festiveatmosphere as we celebrated this exciting milestone. The spread of mouthwatering treats was ahit, satisfying even the pickiest palate. Wehope you enjoyed indulging in theculinary delights! Creating a delightfulfeast for the senses with a variety ofdelectable treats.The official opening of our North Scottsdale office was marked with a special ribbon-cutting ceremony and blessing. It was a symbolic moment that signified the beginning ofa new chapter for us.SCOTTSDALE GRAND OPENINGHIG H L IGH T S FR O M TH E DAYMUSICDELICIOUS FOODRIBBON CUTTING & BLESSINGWe hope you had a fantastic time connecting withfellow guests and exploring our new space. Yourpresence added to the warmth and joy of theoccasion. For those who couldn't make it, you weremissed, and we hope to catch up with you soon. We look forward to continuing this exciting journeytogether.

GRAND OPENING RECAPLOO K I NG B A CK A T TH E EVE N T JOIN US FOR OUR ANNUAL BUNK BED BUILDBUNK BED BUILDBEC A U SE W E RE A L LY C A RENo kid sleeps on the floor in our town! We're devoted tocreating and delivering exceptional bunk beds for childrenand families in need. We believe in actively bettering ourcommunity, fueled by a love for humanity and theunderstanding that with privilege comes responsibility. We aim to fulfill that responsibility with love.EVENT DETAILSMay 11th, 2024Sleep in HeavenlyPeace Warehouse5125 E MadisonSt Phoenix, AZ85034 11th, 2024Check In: 9:30AMBunk Bed Build:10AM-12PMFind More Info Here

I have some paw-some news to share with you all, straight fromour new office in North Scottsdale. Yes, you heard it right! We've recently opened a beautiful newspace in North Scottsdale, and let me tell you, it's a real treat forthe senses. With ample room for collaboration, state-of-the-artfacilities, and plenty of natural light streaming in, our new office isthe perfect place to unleash our creativity and serve you betterthan ever before. With the new space comes new faces, as we've welcomed somefantastic new members to our pack. These talented individualsbring fresh perspectives, boundless energy, and a sharedcommitment to excellence, and I have no doubt they'll makevaluable contributions to our team. But wait, there's more! We have some exciting events lined up that I can't wait to share with you. Mark yourcalendars for May 3rd, when we'll be hosting our first ever Charity Pickleball tournament in support of a worthycause. It's sure to be a day filled with fun, friendly competition, and maybe even a few surprises! And that's not all – on May 11th, we'll be rolling up our sleeves and giving back to the community with our 3rdAnnual Bunk Bed Build Volunteer event. It's a chance to make a real difference in the lives of those lessfortunate while bonding with your fellow volunteers and, of course, enjoying some delicious treats. And last but certainly not least, keep an eye out for our upcoming Bingo Night! It's the perfect opportunity tounwind, have some fun, and maybe even win some paws-itively fantastic prizes. Bring your friends along – afterall, the greatest compliment you can give us is introducing us to someone like you. As always, please don't hesitate to reach out if you have any questions, concerns, or just want to say hi. Yoursatisfaction is our top priority, and we're always here to lend a helping paw whenever you need us. Until next time, keep spreading joy and wagging those tails! Tail wags and doggie kisses, BeezerThe Fullerton Financial Office Dog FROM THE DESK OF BEEZERRES O U RCE S + I M P ORT A N T I N F OI hope this message finds you in high spirits &wagging your tails with excitement, just like me!

It’s not exactly accurate to say Social Security is taxed twice, but it can certainly feel that way. This is often attributable topeople seeing Social Security being withheld during their entire working life, then finding out in retirement that those earnedSocial Security benefits are themselves being taxed as income. Social Security is essentially a mandatory retirement savings program funded by the Federal Insurance Contribution Act (FICA)taxes you and your employer pay each year. Conceptually, the government views it as a savings account for your retirementrather than a traditional tax on income to fund the government. In that respect, the benefit payment you receive from that“savings account” is only taxed as income when you finally receive it in retirement. The program has been running at a deficit in recent years, meaning more is paid out in SS benefits than is taken in via theSocial Security portion of FICA taxes paid by current workers. In their annual trust fund summary for 2022, the SSA says theprogram was paying monthly benefits to 66 million people in total. Approximately 181 million workers paid FICA taxes thatyear. They estimated that more than 40 percent of SS beneficiaries paid income tax on their benefits, and those taxes go into theOld-Age and Survivors Insurance (OASI) and Disability Insurance (DI) Trust Funds as well as the Medicare Hospital InsuranceTrust Fund. Depletion of the Social Security trust fund, which is projected to occur in 2034, doesn’t mean the fund will be entirelyempty. It simply means that, in that year, the fund’s income is projected to only cover approximately 80 percent ofscheduled benefits. Unless legislation is passed to correct the issue in some way, SS beneficiaries may experience aroughly 20 percent reduction in their benefit payments once depletion occurs.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 gSOCIAL SECURITY TAXATIONNEW BLOGThe program has been running at a deficit in recent years, meaningmore is paid out in SS benefits than is taken in via the SocialSecurity portion of FICA taxes paid by current workers.“WHY IS SOCIAL SECURITY TAXED TWICE?WHAT DOES THE SOCIAL SECURITY TRUST FUND DEPLETION MEAN?

GET HELP MAXIMIZING YOUR BENEFITS Current retirees in Phoenix, as well as those who are planning for future retirement, who are concernedabout their future benefits may find speaking to an experienced retirement planning professional helpful.The team at Fullerton Financial Planning have extensive experience helping savers plan for the future andmaximize their benefits in retirement. Call us at (623) 974-0300 to speak with a financial advisor today. There are a variety of potential legislative solutions that have been floated to avert the depletion cliff. One potentialsolution is to increase the FICA tax rate (current 15.3 percent) or lift the cap on taxable wages. The portion of this tax thatgoes to funding Social Security is 12.4 percent – 6.2 percent paid by the employer and 6.2 percent paid by the employee.It’s been theorized that an increase from 12.4 percent to 15.84 percent, if passed right away, would make up for theprojected shortfall. If the tax increase was put off until the shortfall arrives in 2034, the SS part of FICA would need toincrease to an estimated 16.55 percent to account for the 20 percent shortfall. The exact estimated figures change annually due to the variety of factors that play into benefit calculations, from inflationadjustments to the number of workers paying into the funds and the number of retirees claiming benefits.An alternative solution may be to strategically reduce benefits. Some potential ideas that have been suggested include: · Raising the retirement age (both when you can begin claiming benefits and full retirement age)· Reducing the SS benefits paid to high earners· Changing the way in which benefits are calculated Many experts advocate for a combined approach to minimize the impact on taxpayers and beneficiaries. That could entailslightly increasing the Social Security part of FICA taxes, raising the retirement age (especially for younger workers) andtaking steps to tweak the benefit formula, especially for high earners. Social Security is a hot-button issue. Older people are the most reliable and consistent voters in the nation, and politicianson both sides of the aisle go to great lengths to avoid alienating this vital demographic. The doomsaying and inflammatory rhetoric can sometimes make the situation sound more dire than it is. While a 20percent reduction in benefits would be a serious problem for many retirees on a fixed budget, it’s a far cry from a completeloss of Social Security. Even policymakers who advocate for changes typically go to great lengths to reassure current and near-future retirees thatthey won’t lose their benefits or have their full retirement age increased. In fact, the last time the full retirement age wasincreased was more than 40 years ago in 1983, when FRA was increased from 65 to 67 based on year of birth. POTENTIAL SOLUTIONS TO AVERT DEPLETION OR A REDUCTION IN BENEFITS THERE ARE NO EASY SOLUTIONS – BUT SOCIAL SECURITY ISN’T GOING AWAY

Scan the QRCode to godirectly to theresource libraryon our site.Join us as we delve into the world offinance, tackling a wide array of topicsand addressing your burning questions.Join us for one of our upcoming eventsand get involved by meeting others andgiving back to the community.White papers find helpful investment,retirement, and financial planningdocuments made to help you succeed.Read the latest financial news andupdates from the Fullerton Financialteam. Blogs are updated on a biweeklybasis.RESOURCESBLOGSFFP LIVEEVENTSLOOK AT OUR FREE RISK ANALYSIS TOOLDoes your portfolio have too much risk? Or not enough?Knowing your risk score can help you make appropriate investment choices. Find out your risk score with our Riskalyze tool!FIND YOUR RISK SCORE WITH OUR PORTFOLIO RISK ANAYLSISHELPFUL RESOURCESHER E TO H E LP Y O UWe believe that one of the most valuable things in the world is our ability to grow and learn.Knowledge is one thing that no one can take away from you, so as you continue to navigate theunknowns of retirement, spend some time educating yourself on topics that can provide you clarity.

KELLY TROTTERNOAH COLLUMLESLIE WINCHESTERMATT ZUCCAROEMPLOYEE OF THE MONTHIntroducing Kelly! Kelly is the friendly face you'll first encounter at ournew North Scottsdale office. Her passion for people and creatingconnections is palpable, and we are fortunate to have her with us!Let's give a warm welcome to Noah as he becomes part of the FullertonFamily. Noah is now a valuable member of our advisory team, ready tolearn, develop, and engage with all of you. Don't miss meeting our newestdedicated Junior Advisor.You might know Leslie, our dear friend! Leslie has returned to the Fullertonfamily, and we are absolutely delighted. With her valuable knowledge andexperience, she enhances our advisory team. Welcome back, Leslie – weappreciate you!I am delighted to introduce you to Matt, one of our lead Advisors. Withyears of experience and extensive knowledge, Matt is enthusiastic andprepared to assist you, delivering exceptional service.If you haven't had the chance to meet Michelle, you're truly missing out!Michelle, Stephanie Fullerton's executive assistant, excels in all she does andbrings positivity to the entire team. Drop by to greet her and congratulate heron being chosen as the Employee of the Month for April!First Impressions North ScottsdaleJunior AdvisorWealth AdvisorInvestment Advisor Representative, MS, CFP®, CWS®Michelle FoardMEET THE TEAMGET T O K N O W S O M E O F THE F FP T E AM

Financial Literacyin RetirementGET YOUR COPY TODAY!Let's Get Social!F A C EB OO Kfacebook.com/fullertonfinancialplanningI N S TA GR AMinstagram.com/fullertonfinancialplanningY O U TU BEyoutube.comSearch: Fullerton FinancialPlanningL I N KE DI Nlinkedin.com/company/fullerton-financial-planningAs Seen & Heard OnWatch us weekly on Saturdays on 12News at4:30am, and on Sundays on CBS Channel 5 orKUTP FOX 10 at 09:30am.Stream the Fullerton Financial Hour podcaston both Apple Podcast and Spotify.Watch us nightly on NBC Channel 12 News.STAY INVOLVED WITH FFPWE W A NT T O CO N N ECT W ITH Y OU 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. For moreinformation 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 a recommendation of anyparticular security or strategy. The investment strategy and themes discussed may be suitable for everyone, it depends on each person’s specific investment objectives and 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 reflect subjective judgments of the authorbased on conditions at the time of publication and are subject to change without notice. Past performance is not indicative of future results. Contact UsFax: (623) 974-0330 · Email: Info@fullertonfp.com14155 N. 83rd Ave. Suite 144 | Peoria, AZ 85381(623) 974-0300Corporate Office:600 E. Rio Salado Pkwy. Suite 102 | Tempe, AZ 85281(480) 912-4500Tempe Office:18655 North Claret Drive Suite 105 | Scottsdale, AZ 85255(480) 912-4500Scottsdale Office: