Posts Tagged ‘Financial’
Garrett Puckett Develops New VA Investment IRAs & VA Home Loans Sponsored by Security America Financial, Inc. & Security America Mortgage, Inc. for Veterans in the U.S.!
February 29th, 2012
Texas, Florida, Colorado, North Carolina (PRWEB) February 22, 2012
Due to the growing number of retiring veterans, several things concerning VA benefits are likely to be on the mind of many retired military members. From buying a home using VA Home Loans, to receiving student grants, as well as finding relocation assistance with home purchases – retirement is likely to be put on the back burner, post-retirement. However, for opportunists and business owners, like Garrett Puckett, who is the current CEO of Security America Mortgage, Inc. and Security American Realty, Inc., the hope of simplifying a veterans life is a guaranteed victory.
In recent dates, Garrett Puckett made his VA service-oriented priorities clear by developing a new department which focuses on investment sponsorships for veterans and military personnel who want to invest in their future retirement. Puckett further shared some helpful tips for retirement with veterans (and soon to be retired) military veterans, which in turn provided clear understanding over the terms; “Individual Retirement Account (IRA) Plans” and 401(k) rollovers, how they can be obtained, and why they are useful for veterans immediately following their 401(k) retirement plans.
The 401(k) retirement plan is, a type of tax-qualified deferred compensation plan in which an employee can elect to have the employer contribute a portion of his or her cash wages to the plan on a pretax basis (2012). An IRA can be defined as an alternative retirement plan that provides tax advantages in United States, including retirement investments that can continue to grow savings.
For veterans who have recently left a job, having to decide whether or not they want to rollover their 401(k) into an IRA option is probably the last on their list as buying a real estate property, using VA benefits, and other things are likely to take first place on their list of goals. What do IRAs really mean in the broad scheme of things? More Savings and More Money! Period.
There are two types of options to choose from when looking into getting an IRA plan, which are the Traditional IRA Plan, and the Roth IRA Plan.
OPTION 1 – TRADITIONAL IRA PLAN
A Traditional IRA is an investment vehicle that allows individuals to direct pretax income, no greater than IRS annual limits, towards investments that grow tax-deferred. These contributions can sometimes be tax deductible depending on your filing status, income and other factors.
OPTION 2 – ROTH IRA PLAN
A Roth IRA is also an investment vehicle that allows individuals to direct after tax funds towards investments. The contributions are not tax deductible; however, qualified distributions are tax free.
Qualified distributions include the following:
1. It must occur at least five years after the Roth IRA owner established and funded his/her first Roth IRA.
2. At least one of the following requirements must be met:
a) The Roth IRA holder must be at least age 59.5 when the distribution occurs.
b) Distributed assets limited to $ 10,000 are used towards the purchase or rebuilding of a first home for the Roth IRA holder or a qualified family member.
c) The distribution occurs after the Roth IRA holder becomes disabled.
d) The assets are distributed to the beneficiary of the Roth IRA holder after his/her death.
WHAT IS RETIREMENT ROLLOVER?
A rollover happens when you withdraw cash or other assets from one eligible retirement plan and contribute all or part of it within 60 days to another retirement plan. Though rollovers are not taxable and most are eligible for rollovers, the following types of retirement plans cannot proceed with this option:
1. The nontaxable part of a distribution, such as your after-tax contributions to a retirement plan
(after-tax contributions some are except from this rule and can be rolled over)
2. A distribution that is one of a series of payments based on your life expectancy, or the joint life
3. Expectancy of you and your beneficiary, or paid over a period of ten years or more
4. A required minimum distribution
5. A hardship distribution
6. Dividends on employer securities
7. The cost of life insurance coverage
With all of the retirement basics reviewed and set aside, veterans can now rely on experts like those from Security America Mortgage, Inc. to take care of their remaining questions and concerns, anywhere from Colorado to North Carolina.
Would you like to know more about getting a VA home loan? Contact a VA Loan Industry Expert near you to secure your future financial savings, mortgage loan, and security in owning a home today!
###
Incoming search terms:
- Powered by Article Dashboard business grants and guaranteed loans for disabled
Related Posts:
Cincinnati Financial Exceeds Estimates
February 9th, 2012
Cincinnati Financial Exceeds Estimates
However, we expect pressure on the top line until the soft insurance market cycle is complete. Cincinnati Financial closely competes with The Chubb Corp. (CB), The Travelers Companies Inc. (TRV) and Selective Insurance Group Inc. (SIGI).
Read more on Zacks.com
Travel Insured Named as One of the 2012 Best Places to Work in Connecticut
Travel Insured International was recently named as one of the Best Places to Work in Connecticut. This seventh annual program was created by the Hartford Business Journal, Best Companies Group and sponsored by The Hooker & Holcombe Companies.
Read more on PR Web (press release)
Indian Travelers Take on the World in Thomas Cook Campaign
Viewers are reminded that Thomas Cook offers full travel services, from booking tickets to changing currency to providing insurance. They're important services for Indians who don't have strong English skills and are unfamiliar with practices and …
Read more on Creativity
Related Posts:
Elizabeth Dipp Metzger Named a Financial Adviser with Eagle Strategies LLC, Focusing on a Holistic Solution to Wealth Management
February 7th, 2012
El Paso, TX (PRWEB) February 06, 2012
Elizabeth Dipp Metzger has been named a financial adviser with Eagle Strategies LLC, A Registered Investment Adviser an indirect, wholly owned subsidiary of New York Life Insurance Company.
As a financial adviser, Lizzie provides clients with an integrated investment and insurance strategy focused on maximizing value over the course of their lifetime to clients in Texas, New Mexico, and Michigan.
Elizabeth Dipp Metzgers appointment with Eagle Strategies required that she be appropriately licensed, and have a good compliance record. A graduate of Pomona College, Lizzie is a member of NAIFA, the National Association of Insurance and Financial Advisors.
Lizzie enjoys helping people meet their financial goals. With experience as an advisor and over 10 years of previous experience as a business owner, Lizzie understands the financial challenges most individuals and business owners face today and works diligently to research and provide the right solutions for them.
Lizzie focus is families, business owners, and the affluent market in providing planning for retirement, college, estate, and business planning.
Elizabeth Dipp Metzger is a New York Life Presidents Council Agent 2011and has won various awards including Life Producer Award, Long Term Care Foundation Award, 2010 New Org Agent of the Year, and NAIFA El Paso NYL Agent of the Year 2010.
Lizzie is a proud member of the El Paso, Texas community. She has been married for 12 years and is a proud mother of three children.
New York Life Insurance Company, a Fortune 100 company founded in 1845, is the largest mutual life insurance company* in the United States and one of the largest life insurers in the world. Headquartered in New York City, New York Lifes family of companies offers life insurance, retirement income, investments and long-term care insurance. New York Life Investments** provides institutional asset management and retirement plan services. Other New York Life affiliates provide an array of securities products and services, as well as institutional and retail mutual funds.
Lizzie can be reached via phone at 915-541-3338 or email emetzger(at)ft(dot)newyorklife(dot)com.
Please visit Elizabeth Dipp Metzgers Web site at http://www.lizdippmetzger.com for more information.
*Based on revenue as reported by Fortune 500, Ranked within Industries, Insurance: Life, Health
(Mutual), Fortune magazine, May 5, 2011. See http://www.money.cnn.com/magazines/fortune for methodology.**New York Life Investments is a service mark used by New York Life Investment Management Holdings LLC and its subsidiary, New York Life Investment Management LLC.
*Elizabeth Dipp Metzger is licensed to sell insurance through New York Life Insurance Company and may be licensed with various other independent unaffiliated insurance companies in the states of Texas, New Mexico and Michigan. No Insurance business may be conducted outside the states referenced.
*Elizabeth Dipp Metzger
Related Posts:
Tags: adviser, Dipp, Eagle, Elizabeth, Financial, Focusing, Holistic, management, Metzger, Named, Solution, Strategies, Wealth | 
No Comments »
IFS Announces Business Partnership with SIGNiX Enabling Digital Signatures and Streamlining the Way Financial Services Firms Transact Business
February 2nd, 2012
Davidson, NC (PRWEB) February 01, 2012
Impact Financial Systems, a recognized leader in business led process automation solutions, and SIGNiX, the leading provider of on-demand digital signature solutions today, jointly announced a partnership to enable customers to streamline financial transactions and enable straight through processing of account opening, asset movement and other signature dependent financial transactions.
Impact Financial Systems industry leading IFS Advisor Advantage Suite offers proven brokerage automation applications for new account opening, account maintenance, managed account conversion and asset movement management – including integration to leading back-office brokerage processing systems (Thomson BETA and Broadridge). In addition, the IFS Automation Platform is utilized by leading banking and insurance clients for automating critical business processes in diverse areas of their internal and external operations. By joining forces with SIGNiX, IFS customers will be able to securely collect digital signatures and dramatically increase the speed, accuracy and operational efficiency of complex financial transactions in branch and home office operations. IFS process automation delivered with SIGNiX digital signatures represents a significant leap forward in straight through processing for financial service firms, said Jay Jumper, CEO of SIGNiX. Now IFS users will have unparalleled end-to-end convenience, ease of use and assured compliance while quickly sending financial agreements to clients for digital signature with SIGNiX.
SIGNiX provides the next generation digital signature solution enabling businesses to support diverse and complex signing processes in a secure and scalable cloud based environment. The SIGNiX digital signature solution allows any form, contract or business document to be immediately signed online in a manner that is secure, auditable, industry compliant and not subject to repudiation. IFS customers are increasingly aware of the value that digital signatures offer in boosting efficiency, increasing revenues and improving customer satisfaction, says Tim Parsons, CEO of Impact Financial Systems. We are very excited to be able to offer our customers the leading digital signature platform available today through our partnership with SIGNiX.
IFS users can now join thousands of industry professionals who are eliminating paper and expediting transactions by using SIGNiX. Rather than driving across town to get a signature or forcing clients to find a fax machine, financial firms and advisors use SIGNiX to execute agreements electronically. With financial documents signed in minutes, not days, financial advisors who use SIGNiX achieve higher sales, increase client satisfaction and maintain a competitive edge. Safe and secure, the SIGNiX digital signature process is easy to use, secure and legally compliant.
IFS and SIGNiX provide financial firms with state-of-the-art technology to better manage workflows and finalize financial transactions sooner, said Pem Guerry, EVP at SIGNiX. Financial firms and their advisors can now leverage the power of SIGNIX from IFS solutions anytime, anywhere for a rich, complete and convenient end-to-end document management process. This partnership further extends SIGNiXs leadership in digital signature solutions for the financial services industry.
About SIGNiX
SIGNiX is the premier provider of business optimization through digital signatures for industries including financial services, real estate, insurance, healthcare, government, and education. SIGNiX helps the enterprise transform and expedite transactions, scale their business processes and reduce costs with the proper controls required by regulation, legislation and industry best practice. Digital signature solutions produce legally enforceable electronic records while moving to a paperless environment. For more information, visit signix.com or call 877.890.5350.
About Impact Financial Systems
Impact Financial Systems, Inc. is the leading provider of business led automation solutions for the financial services and brokerage industry. The companys automation platform offers a revolutionary approach for allowing business users to automate and maintain complex financial transactions in demanding enterprise environments. Impact Financial Systems automation platform is currently deployed in mission critical applications at some of the worlds largest financial institutions. For more information please visit us at http://www.impact-fs.com or call 704.894.9331.
###
Related Posts:
Tags: Announces, Business, digital, Enabling, Financial, Firms, partnership, services, signatures, SIGNiX, Streamlining, Transact |
No Comments »
COUNTRY Financial Insurance Company Nationwide
January 24th, 2012
Achieve financial security by obtaining sound insurance and investment solutions from COUNTRY Financial. With locations across the country, these representatives protect you and your family by offering insurance for home, automobile, life, disability and income, business, renters, farms and ranches. In addition to insurance, they offer financial advice that will help you establish financial security for the years to come. Visit us www.yellowpages.com
Video Rating: 0 / 5
Related Posts:
Fitch Downgrades Ratings Of Sun Life Financial Inc.'s U.S. Subsidiaries
January 21st, 2012
Fitch Downgrades Ratings Of Sun Life Financial Inc.'s U.S. Subsidiaries
At the same time, Fitch has affirmed the ratings of SLF including all outstanding issues, as well as the IFS ratings of SLF's primary Canadian life insurance subsidiary at 'AA-'. The Rating Outlook is Negative.
Read more on NASDAQ
Insurance union opposes reduction in LIC policyholder's bonus
The Insurance Corporation Employees' Union (ICEU), affiliated to All India Insurance Employees' Association, has given a call to strengthen the public sector Life Insurance Corporation (LIC) of India and General Insurance Company (GIC). …
Read more on The Hindu
Veterans can step up life insurance coverage
By Caitlin Fairchild cfairchild@govexec.com January 20, 2012 Under a new law, participants in the Veterans Group Life Insurance Program will now have an opportunity to beef up their coverage, the Veterans Affairs Department has announced. …
Read more on GovExec.com
Related Posts:
The PPLI Solution: Delivering Wealth Accumulation, Tax Efficiency, and Asset Protection Through Private Placement Life Insurance (Bloomberg Financial)
January 17th, 2012
The PPLI Solution: Delivering Wealth Accumulation, Tax Efficiency, and Asset Protection Through Private Placement Life Insurance (Bloomberg Financial)
Private placement life insurance (PPLI) was once the exclusive domain of wealthy investors willing to tackle the logistical challenges of the offshore insurance market. The investment portfolio, tax, and estate-planning applications, and ongoing investment potential of these policies made the effort worthwhile. In recent years, though, a number of U.S.-based insurance companies have developed similar policies that meet all U.S. insurance, investment, and tax regulations.
PPLI is becoming a fundamental component of effective tax, trust, and estate planning, but few sources have been available to detail the best practices—until now. The PPLI Solution can serve as a resource for effective execution. Written by leading practitioners, the book will position advisers to capitalize as PPLI expands further into the high-net-worth market and becomes available to individuals with an investable net worth as low as million.
Few investors—whatever their net worth—will want to venture into the PPLI market without guidance. The PPLI Solution addresses the needs of investment managers, consultants, attorneys, and accountants who want to achieve the broad understanding of PPLI’s applications required of those providing advice. It can serve as an authoritative source for anyone—including investors—seeking to know more about PPLI’s nearly perfect tax efficiency, solid creditor protection, and powerful means of creating wealth.Private placement life insurance (PPLI) was once the exclusive domain of wealthy investors willing to tackle the logistical challenges of the offshore insurance market. The investment portfolio, tax, and estate-planning applications, and ongoing investment potential of these policies made the effort worthwhile. In recent years, though, a number of U.S.-based insurance companies have developed similar policies that meet all U.S. insurance, investment, and tax regulations.
PPLI is becoming a fundamental component of effective tax, trust, and estate planning, but few sources have been available to detail the best practices—until now. The PPLI Solution can serve as a resource for effective execution. Written by leading practitioners, the book will position advisers to capitalize as PPLI expands further into the high-net-worth market and becomes available to individuals with an investable net worth as low as million.
Few investors—whatever their net worth—will want to venture into the PPLI market without guidance. The PPLI Solution addresses the needs of investment managers, consultants, attorneys, and accountants who want to achieve the broad understanding of PPLI’s applications required of those providing advice. It can serve as an authoritative source for anyone—including investors—seeking to know more about PPLI’s nearly perfect tax efficiency, solid creditor protection, and powerful means of creating wealth.
List Price: $ 75.00
Price: $ 75.00
Related Posts:
Tags: Accumulation, Asset, Bloomberg, Delivering, Efficiency, Financial, Insurance, Life, Placement, PPLI, private, protection, Solution, Through, Wealth |
No Comments »
Incorporating financial protection into decision rules for publicly financed healthcare treatments
January 16th, 2012
ABSTRACTAlmost all health systems seek to offer some form of publicly financed healthcare insurance, and governments must therefore choose the size of the benefit package and the types of treatments to cover. Conventionally, the usual approach of economists has been to recommend choices on the basis of cost effectiveness of treatments, using metrics such as the âcost per quality adjusted life yearâ. However, this approach is based on the assumption of health maximization subject to a budget constraint and ignores the potential impact of any additional concern with protecting individuals from the financial consequences of a health shock. Furthermore, it does not take account of the possible availability of complementary privately funded health care. This paper develops a model in which …
Related Posts:
Tags: Decision, financed, Financial, Healthcare, Incorporating, into, protection, publicly, Rules, treatments |
No Comments »
Allsup Provides Online Financial Resources for Caregivers
January 10th, 2012
Belleville, Ill. (PRWEB) January 10, 2012
Being a caregiver can be incredibly rewarding. It can also be expensive. Meeting monthly financial needs was a top concern for 1,579 family caregivers responding to the 2011 National Family Caregivers Association (NFCA)/Allsup Family Caregiver Survey. Allsup, a nationwide provider of Social Security Disability Insurance (SSDI) representation and Medicare plan selection services, has created an online resource section for caregivers that address their unique financial planning needs.
We work with caregivers and their loved ones every day, helping them access and make the most of their financial and healthcare resources, said Paul Gada, director of the Allsup Disability Life Planning Center. We appreciate the family caregivers role and understand how financial concerns impact both the caregivers and care recipients lives.
The Financial Planning for Family Caregivers section of Allsup.com provides information and resources aimed at helping caregivers meet the challenge of managing their loved ones finances.
For many people, taking control over someone elses money and financial decisions is an uncomfortable task, said Gada. However, in cases where care recipients are unable to do it themselves, it is in their best interest to have a trusted caregiver help them manage their finances, find additional resources and advocate for any benefits they deserve. We provide this information to empower caregivers to take the steps needed to effectively protect existing assets, minimize costs and boost income.
The information provided in the Financial Planning for Caregivers section covers the following topics:
Related Posts:
Paul R. Streiber M.B.A., CFP
January 9th, 2012
Grapevine, Texas (PRWEB) January 01, 2012
Paul R. Streiber, M.B.A., CFP
Incoming search terms:
- paul r streiber
- Powered by Article Dashboard pay for performance strategies
- Powered by Article Dashboard auto finance company
- Powered by Article Dashboard public broadcasting in texas