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 With today s skyrocketing cost of education, it is important to understand the options that are available to prepare for this expense. Whether saving for a newborn or a school-age child, there are proven strategies for setting aside funds for a college education. This course is designed for parents, grandparents or anyone who has college-bound youth to save for. The cost of college today and tomorrow How are you going to pay for college? College savings options: - State of New Jersey College Savings Plan - Other 529 plans - Coverdell education savings accounts (ESAs) - UGMA/UTMA custodial accounts Which college savings options are right for you? The role of a financial professional Many employees are unsure how they should save for a child s college costs. This seminar provides information and 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 Every year, thousands of pages from hundreds of magazines and books written by an infinite number of experts spout all kinds of complex financial strategies. However, the basics of investing are much more simple than they would have you believe. As the famous football coach Vince Lombardi once said, You have to be brilliant at the basics. What is a stock? What is a bond? What is a Mutual Fund? What is an Annuity? Why use an Investment Advisor 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 If you were going to drive across country, you wouldn t just get into your car and start driving, would you? Of course not. You d map out your trip and spend time packing and preparing. Nevertheless, a remarkable number of people don t take the time to map out the 30 years or more that it can realistically take to achieve their retirement goals. This course will help you to begin thinking about retirement as a destination and your plan as a roadmap that will get you there. Estimating retirement income and expenses Tax advantage saving vehicles The Pension Plunge Protecting against risk The value of advice 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 In this session, we ll take a look at some general retirement income planning concerns, considerations, and strategies. For most of us, retirement planning has generally focused on accumulating savings, rather than just building up retirement assets. This discussion picks up where accumulation planning leaves off. As you get closer to retirement, it s time to turn your attention from accumulation to distribution. Early retirement consideration Delayed retirement consideration Working during retirement Retirement income planning goals Sources of retirement income - Social Security, employer pension, individual investing and savings 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 presentations are purely educational. A course is designed to help your employees become better informed in making retirement decisions.

6 Financial Planning Basics Session 105 We ll take a look at some general financial planning concerns. While there s no such thing as a one size fits all financial plan, this overview should assist you in thinking about your own needs. Setting Goals Budgeting Emergency fund Insurance Using credit Investing Tax planning Retirement planning Staying on Track 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 Advanced Estate Planning Session 106 This session will illustrate some estate planning strategies that may be appropriate for individuals who are concerned about minimizing gift and estate taxes, and individuals who have specific goals such as transferring a business interest, providing for a favorite charity, or protecting assets from future creditors. The federal estate tax system Minimizing estate taxes Charitable giving Asset protection Business entity Self settled domestic trust Offshore trust This course will illustrate some estate planning strategies that may be appropriate for individuals who are concerned about minimizing gift and estate taxes, and individuals who have specific goals such as transferring a business interest, providing for a favorite charity, or protecting assets from future creditors. This course will illustrate some estate planning strategies that may be appropriate for individuals who are concerned about minimizing gift and estate taxes, and individuals who have specific goals such as transferring a business interest, providing for a favorite charity, or protecting assets from future creditors. A course designed to help your employees understand the different options available to build a a comprehensive estate plan.

8 Estate Planning Session 107 No one wants to think about death; however, dying unprepared could cost your family costs, taxes, and stress in settling your estate. Through Estate Planning, you determine your fate, your family s fate, and the fate of your assets. Overview of Estate Planning Non-tax reasons for having Wills/Powers of Attorney/ Advanced Medical Directives When do I need a Trust? Will my estate be subject to Federal or State taxes? Comparison of Elder Planning and Estate Planning Employees will understand that everyone should have estate planning documents regardless of age and wealth to protect their family and safeguard their assets. Your company benefits when employees have the peace of mind knowing that their affairs are in order in the event of death or disability. A course designed to dispel the myth that only the wealthy need estate planning

9 Long Term Care Session 108 The Risk and Cost Sources of Funds Group vs. Individual Coverage Features Who is on LTC? What about ADLs (Loss of activities of daily living)? Home Care why do you want it? 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. * Insurance products and services offered through CUSO Financial Services, Inc. ( CFS ), are Not NCUA/NCUSIF or otherwise federally insured, Not credit union guaranteed, and may lose value. Financial Resources Federal Credit Union is affiliated with CFS. Representatives are employees of Financial Resources Federal Credit Union and licensed through CFS. A course providing valuable information on protecting your well-being and quality of life.

10 Roth IRAs Current Year Opportunities Session 109 Traditional IRA vs. Roth IRA Roth qualified and non qualified distributions Converting a traditional IRA to a Roth IRA Calculating the conversion tax Considering the new rules that may impact Roth contributions 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.

11 Women and Money Session 110 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. 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 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. 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.

12 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.