Financial Resources FCU available through CFS* presents a Lunch n Learn educational series.

Transcription

1 Financial Resources FCU available through CFS* presents a Lunch n Learn educational series. 02/2013

2 College Planning Session 101 Your Child's College Education? There's no denying the benefits of a college education, especially the ability to compete in today's competitive job market. But every year, college costs continue to increase, often at twice the rate of general inflation. That's why it's so important to start saving now. In this seminar on College Planning, you ll learn: How much college will cost in the future Tax-advantaged ways to save for college, including 529 plans, Coverdell education savings accounts, custodial accounts and U.S. savings bonds The role of financial aid, including how need is determined and how assets are classified for federal aid purposes Other ways to fill the college funding gap Many employees are unsure how they should save for a child s college costs. This seminar provides information and potential solutions. Employees will be appreciative that the company takes an interest in the needs of their families by providing investment professionals who know the alternatives for saving for this expensive future purchase. The cost of college increases with each passing year, but this course can help provide solutions for financing a child s education.

3 Investment Basics Session 102 Are your investments on track? The best investing strategy is a carefully planned and prepared approach to managing and accumulating money. A well-planned strategy can help you meet your short-term, mid-term, and longterm financial goals. Investment planning req uires discipline and patience. B ut it doesn t have to be difficult. It is not necessary to do extraordinary things to get extraordinary results - Warren Buffet In this seminar on Investment Planning, you'll learn: Investment fundamentals, including the effects of inflation and compounding How to identify financial goals and time horizons How to measure your risk tolerance, and the relationship between risk and return The difference between cash equivalents, bonds, stocks and mutual funds, and the importance of asset allocation This course is designed to help your employees take control of their financial situation by understanding the basic concepts involved with investing. Your company will facilitate the presentation of valuable information on a subject that is often confusing. An interesting course designed to help your employees take control of their financial situation.

4 Retirement Basics Session 103 Will You Have Enough to Retire Comfortably? Most of us imagine retirement as a happy time, a reward for a lifetime of hard work, full of possibility and potential. We have good reason to see retirement in a positive light. Americans are living longer, healthier lives than ever before. In fact, for some of us, retirement will make up a full third of our lives. Of course, this means that our retirement assets will have to do more for us over a longer period of time. This makes planning for our retirement essential. In this seminar on Retirement Basics, you'll learn: How to put together a retirement road map Factors that influence when you should retire and how long your retirement could last How to "crunch the numbers" by estimating your retirement expenses and retirement income, while factoring in inflation and taxes How to use tax-advantaged savings vehicles like IRAs and 401(k)s This course is designed to help your employees understand the challenges facing their personal retirement dreams. Employees are often concerned about the subject of retirement planning. By allowing us the forum to educate your employees on the various investment options, you are facilitating a presentation on key information. Our presentations are purely educational. A course is designed to help your employees understand the challenges facing their personal retirement dreams.

5 Retirement Income Planning Session 104 Will you have enough income in retirement? Retirement income planning is the process of understanding how much income you ll need during your retirement years to support the retirement lifestyle you want, and positioning your assets to provide that income. While there s no such thing as a one size fits all plan, there are steps you can take to maximize the possibility of a financially secure retirement. In this seminar of Retirement Income Planning, you'll learn: How to plan for when your retirement will start, (including the impact of early retirement, delayed retirement, and working in retirement), how long it will last, and the retirement lifestyle you want Steps to estimate the amount of money you'll need in retirement to meet your goals, factoring in health-care costs, taxes, and inflation How to supplement fixed income sources such as Social Security and an employer pension with your retirement savings, including the products and investment strategies you should consider, a sustainable withdrawal rate, and the best order to tap various accounts The Value of advice Your employees will become better informed and will understand that retirement income planning is important because the consequences of a bad decision can be severe. For example, improper planning could mean that you outlive your retirement income not something to look forward to in your later retirement years. While there s no such thing as a one size fits all plan, there are steps you should take to help maximize the possibility of a financially secure retirement. By allowing us the forum to help your employees become better informed and more sophisticated in making investment decisions, you are facilitating a presentation on key information. Our presen-tations are purely educational. A course is designed to help your employees become better informed in making retirement decisions.

6 Financial Planning Basics Session 105 Do you have a tailored Financial Plan in place? Everyone can benefit from a financial plan that is tailored to individual needs and circumstances. A financial roadmap can motivate you to save money, help you meet your financial goals, and improve your overall financial security now and in the future. In this seminar on Financial Planning Basics, you'll learn: How to construct a budget and the importance of establishing an emergency fund Credit fundamentals Basic investment concepts, including risk tolerance and the difference between pre-tax, after-tax, and tax-deferred investments Basic estate planning concepts This course is designed to help your employees understand the concept called Financial Planning how it works, and most importantly, how it may help them achieve their financial goals, while helping to reduce their overall risk. Your company will facilitate the presentation of valuable information on a subject that is often not understood. A course is designed to help your employees understand the concept of financial planning.

7 Long-Term Care Session 106 Will you need long-term care? According to the federal government, a majority of people over age 65 will need some type of long-term care, with a significant number of people needing care in a nursing home. In this seminar on Long-Term Care Planning, you'll learn: What long-term care is and where it's provided Strategies to pay for long-term care Key features and government incentives for longterm care insurance How Medicare and Medicaid factor into long-term care planning LTC is often misunderstood and can be a confusing and complex issue. This seminar will simplify the issues and provide valuable information that will better equip your employees to make informed decisions on protecting their financial well-being and quality of life. Management can evaluate whether LTC is a coverage (employee paid) that would be valuable to include in their employee benefits package. A course providing valuable information on protecting your well-being and quality of life.

8 Roth IRA's 2017 Opportunities Session 107 Are You Thinking About Converting to a Roth IRA? Roth IRAs have become popular retirement savings vehicles because if certain conditions are satisfied, distributions from Roth IRAs are completely free from federal income taxes. Is a Roth conversion right for you? The answer is a complicated one, and depends on your particular situation, including whether you believe you'll be in a higher tax bracket in the future. In this seminar on Roth IRA Conversions, you'll learn: The difference between Roth IRAs and traditional IRAs The conditions that make Roth IRA distributions free from federal income tax, and contribution rules for Roth IRAs Ways to convert a traditional IRA and/or employer retirement plan to a Roth IRA How to calculate the conversion tax Employees will walk away from this session having a better understanding if a Roth conversion is the best option for their financial future. Management can offer their employees up to date educational information on the facts about Roth IRA conversion opportunities. A course providing valuable information on Roth conversions.

9 Women and Money Session 108 Take Charge of Your Financial Future Today, more women than ever are responsible for their financial wellbeing, and the financial well-being of their families. But women often face unique financial challenges that can impact their ability to achieve financial security. That's why it's so important that no matter what life stage they're in, women know how to save, invest, and plan for their future. In this seminar on Women and Money, you'll learn: Reasons why women s economic clout is growing The unique financial challenges women face Six steps women can take to help them achieve financial security, including taking control of their money, becoming more knowledgeable investors, advocating for themselves in the workplace, planning for retirement, protecting their income and assets, and creating an estate plan This course is designed to help employees understand the options that are available to help women to save, invest and plan for their future. Today with more women than ever responsible for their financial well-being and the financial well-being of their families it s critical that they have this basic foundation. After many years of social change, more women are managing money than ever before. Whether they are single or working with a partner, it's important for them to determine their short and longterm financial goals, and learn how to meet them effectively. Your company will facilitate a seminar that will help by introducing the financial planning process and showing them how to begin investing in their future. *For specific tax advice, please consult a qualified tax professional It's so important that no matter what life stage they're in, women need to know how to save, invest, and plan for their future.

10 Social Security Session 109 When should you begin receiving your social security retirement benefits? As you near retirement, one of the biggest financial decisions you'll need to make is when to begin receiving your Social Security retirement benefits. With pensions disappearing, Social Security remains the major source of guaranteed lifetime retirement income for most Americans, so it's important to take the time to explore your options and make an informed, wellreasoned decision. In this seminar on Social Security Retirement Benefits, you'll learn: What your full retirement age is and how your benefit is determined How retiring earlier than, or later than, your full retirement age will affect your Social Security benefit Why it's important to plan together with your spouse, and strategies you can use to boost retirement and survivor's benefits How working after you begin receiving Social Security could affect how much you receive This course is designed to educate employees on how social security will effect their overall retirement income plan. Social Security benefits are a major source of retirement income for most people. When you begin taking Social Security greatly affects the size of your benefit. This course is designed to provide education to employees about the details of social security and how it will coordinate with their other retirement benefits. Your company will facilitate a seminar that will help by providing access to education that will.

11 The Learning Academy Seminar Presentation Registration at Financial Resources Your Name Title Your Company Address Phone Number Fax Number q Yes. I am interested in scheduling a Learning Academy course offering at my company. Session Name Number Requested Date(s) Session Name Number Requested Date(s) Session Name Number Requested Date(s) Contact your local Branch Representative to schedule a seminar presentation. A CFS* Investment representative at Financial Resources will call to confirm availability. * Financial Services, L.P. ( CFS ), a registered broker-dealer (Member FINRA/SIPC) and SEC Registered Investment Advisor. Products offered through CFS: are not of the credit union, and may involve investment risk including possible loss of Resources Federal Credit Union has contracted with CFS to make nondeposit