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Category: Summer Savings Strategies

13 posts categorized as "Summer Savings Strategies"

Summer Savings: Is This the Right Time to Start Investing?

Jul 28, 2021

By Edward “Ed” V. O’Neal, Senior Vice President and Manager, Retirement Plans

The thought of participating in the market can be a very scary proposition for those just beginning their investment journey. Many people who are considering investing fixate on a variety of perceived roadblocks, bringing to mind a variety of questions. Is now the right time to start investing given the volatile markets? Do I make enough income to start investing?

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Summer Savings: Registered Indexed-Linked Annuities May Provide a Buffer From Loss

Jul 21, 2021

By Dan Schulte, Senior Vice President and Manager, Annuities and Insurance

There are times when stock market volatility leaves some investors worried about meeting their retirement goals. This has left many of these individuals seeking products that can provide downside protection with upside potential. A product that can help give investors some degree of piece-of-mind in turbulent times is a Registered Indexed-Linked Annuity.

Registered Indexed-Linked Annuities (RILA) are typically designed with a combination of variable and index-linked investment options that can balance both personal risk tolerance with growth potential,

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Summer Savings: Yes, Kids With Jobs Can Have an IRA

Jul 14, 2021

By Theresa Fry, Senior Vice President, Manager of IRA’s, Retirement & Education Planning

It is hard to be out and about these days without seeing help wanted signs. They are everywhere.  Restaurants, grocery stores, and retailers small and large are trying to hire workers. For students on summer break from college or high school, those summer earnings can be more than just some extra dollars in their pocket.

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Summer Savings: Where to Hold Which Investments

Jul 7, 2021

By Jack Kraft, CFA, Advisor Directed Portfolio Analyst

 

As individuals build wealth, planning for retirement becomes more complicated with investors owning multiple account types in a single household. Many people make the mistake of choosing a similar asset allocation across these accounts, rather than taking advantage of each account’s strengths. Understanding and utilizing asset location is one way to create synergies between accounts to maximize tax efficiency and reduce risk.

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Summer Savings: Ways to Potentially Minimize Your Tax Bill

Jun 30, 2021

By Jeff Wolfe, Esq. Senior Vice President, Manager of Wealth Planning Strategies

 

What times we live in. We’ve seen markets quickly bottom in March of 2020 due to COVID fears, then quickly springboard back to record highs. All the while, you are charged with maintaining a well-diversified portfolio that may include decisions like whether you should invest in a stock versus a bond, growth versus value,

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Summer Savings: How Much Will it Cost to Eat in Retirement?

Jun 23, 2021

By Theresa Fry, Senior Vice President and Manager, IRA’s, Retirement & Education Planning

Do you know how much it will cost to eat in retirement? Consider this example, at $5.00 per meal, eating three meals a day, 365 days in the year, for a retirement period of 20 years, it will cost a retired couple $219,000 just to eat in retirement.  That assumes there will be no inflation on the cost of groceries during that 20-year period. 

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Summer Savings: Seven Ways to Do More With an Income Annuity

Jun 16, 2021

By Dan Schulte, Senior Vice President and Manager, Annuities and Insurance

Income annuities can be a great way to provide guaranteed income for a period certain, or even for a lifetime. What may not be as well-known are the strategies that can utilize various income annuity designs. Below are samples of various income annuity techniques:

  1. Retire sooner – If your goal retirement date depends on when you have enough money saved,

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Summer Savings: Graduation Marks a New Phase of Financial Responsibility

Jun 9, 2021

By Edward “Ed” V. O’Neal, Senior Vice President and Manager, Retirement Plans

For those who have recently graduated from college – or may be on the verge of doing so – this experience marks a monumental time in your life. The possibilities are unlimited, and the excitement is intoxicating. For most young adults, college graduation is the start of a major transition into adulthood and the prospect of employment in the “real world.” College students will enter the work force armed with degrees and knowledge ranging from computer science and physics,

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Summer Savings: Strategies for Success

Jun 2, 2021

By Theresa Fry, Senior Vice President and Manager of IRA’s, Retirement and Education Planning

With Memorial Day weekend behind us and temperatures warming up, the unofficial kickoff to summer has begun. Thankfully, more and more states are lifting their COVID restrictions and people are once again looking forward. Summer may offer you the opportunity to lead a more active, adventurous, and healthy lifestyle, or perhaps provide the rest and relaxation you need to recharge and restore your mental well-being.

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Summer Savings Strategies: Indexed Variable Annuities May Provide a Buffer from Loss

May 22, 2019

By Dan Schulte, Vice President and Manager, Annuities and Insurance

There are times when stock market volatility leaves some investors worried about meeting their retirement goals. This has left many of these individuals seeking products that can provide downside protection with upside potential.  A product that can help give investors some degree of piece-of-mind in turbulent times is an Indexed Variable Annuity.

Indexed Variable Annuities (also known as buffered or structured annuities) are typically designed with a combination of variable and index-linked investment options that can balance both personal risk tolerance with growth potential as well as provide a protection of principal.

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