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On Target Financial


5301 SW 7th Street, Topeka, KS 66606


Phone:  785-272-5000

Fax:      785-272-6725


Joseph G. Prokop, CFP®, CRPC®



March/April 2024

Contribute to Retirement and Lower Your Tax Bill?

You can do both! By contributing to a traditional individual retirement account (IRA) by the April 2024 tax filing deadline, you can deduct some or all of your contributions on your 2023 income tax return.

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You CAN Organize Your Financial Life

You didn’t plan on your financial and personal records ending up in a free-for-all, but that’s what’s happened. How you wish someone would organize your stuff! Good news! YOU can get your financial records in order! Here are some tips for simplifying your financial life.

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Tips for Sole Proprietors

As a sole proprietor, you’re responsible for everything from filing taxes to setting up your retirement plan.

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Gen X: Hone Your Financial Skills

Baby Boomer parents have amassed significant wealth as a generation, but their Gen X children are not following in their footsteps. According to a recent National Institute on Retirement Security report, Gen Xers, born from 1965 through 1980, generally aren’t following a retirement strategy, saving enough for the future, or accounting for long-term healthcare and assisted living expenses.

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Safe Deposit Box Do's and Dont's

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How Long Should You Keep Them?

Follow these general guidelines for retaining important documents.

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Life Insurance: Part of a Financial Strategy

Life insurance has many uses. If a breadwinner dies, proceeds from a life insurance policy can fund a child’s college education, pay for child care or other services, and ensure that surviving members will maintain their current standard of living. It can also be part of a charitable giving strategy*.

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HSA Contributions Offer Tax Benefits

When you’re covered under a high deductible health plan (HDHP), any contributions you make to a Health Savings Account (HSA) by the April 15, 2024 tax filing deadline can be deducted.

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Investment advisory services offered through Cambridge Investment Research Advisors, Joseph Prokop, Investment Adviser Representative. Cambridge and On Target Financial are not affiliated.
On Target Financial and LTM Marketing Specialists LLC are unrelated companies. This publication was prepared for the publication’s provider by LTM Client Marketing, an unrelated third party. Articles are not written or produced by the named representative.

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