How to Keep Your Wealth out of Uncle Sam s Hands

Size: px
Start display at page:

Download "How to Keep Your Wealth out of Uncle Sam s Hands"


1 A Publication of The Sovereign Society How to Keep Your Wealth out of Uncle Sam s Hands By Jeff D. Opdyke, Executive Editor and Bob Bauman JD, Legal Counsel The Sovereign Society 55 N.E. 5th Avenue, Suite 200 Delray Beach, FL USA USA Toll Free Tel: (888) Contact: Website:

2 How to Keep Your Wealth out of Uncle Sam s Hands When I first read the October 2013 Fiscal Monitor report from the International Monetary Fund (IMF), I got scared And if you, too, care about preserving your personal wealth, then you should see the 100-plus-page report dryly titled Fiscal Monitor: Taxing Times. It will leave you desperate to find measures to counteract the attack that will soon take aim at your pocketbook. The IMF has essentially given lawmakers from deeply indebted countries a paint-by-numbers kit on how to extract larger tax revenues from anyone with any level of wealth. The underlying message is shockingly clear: Many developed nations, especially the United States, should consider direct confiscation of personal wealth to raise additional revenue. But it s best that I let the report speak for itself and let you come to your own conclusions The sharp deterioration of the public finances in many countries has revived interest in a capital levy a one-off tax on private wealth as an exceptional measure to restore debt sustainability. The appeal is that such a tax, if it s implemented before avoidance is possible and there is a belief that it will never be repeated, does not distort behavior (and may be seen by some as fair). The conditions for success are strong, but also need to be weighed against the risks of the alternatives, which include repudiating public debt or inflating it away. Those sentiments, from page 49 of the IMF report, should scare the hell out of anyone with even a modicum of wealth for that wealth could soon be under assault. Consider what that paragraph above is really saying. Its sentiment is clear: You, the developed countries of the world, have three options. You can default on your debt down to a level that is manageable you can inflate the hell out of your economy and in that process destroy your currency and probably spark a bout of hyperinflation or you can claim eminent domain over a portion of your citizens personal wealth and simply take it for the needs of the state. Please understand that the IMF is not some wacky band of fringe-dwelling lunatics peddling daft ideas to no one of importance. It s the central banker to the world, and it s funded by the so-called G20 nations, the world s 20 largest economies. Members of congresses and parliaments throughout the developed world take what the IMF suggests very seriously. This report could easily serve as the backbone for future financial policies. The organization doesn t publish random musings. It deliberately sends messages to those with the greatest influence in shaping the world s monetary and taxation policies. The message it s sending with this new report is that the developed world is in a seriously bad way, and that the radical steps required to keep the cart on the rails mean that anyone with any wealth will have to part with what they ve worked so hard to accumulate for the good of the state. Scariest of all in the IMF s assessment is the phrase: If it is implemented before avoidance is possible. The IMF recognizes that the medicine it prescribes will not go down without force, and that those of us who can will rapidly seek ways to keep the government s greedy paws away from our personal wealth. To counter that, the IMF implicitly advocates a blitzkrieg approach to governmental thievery. Imagine waking up some random Monday to find that the federal government has imposed a week-long bank holiday that limits access to your own money to maybe $200 a day through an ATM. Or that the government is imposing a new wealth tax that requires every American with a positive net worth to give 10% of that wealth to the government. Can t happen here in America? Never underestimate the deviousness of desperate lawmakers and America s actions over the last decade speak to nothing if not desperation. Washington has a history of surprise moves. It has imposed bank holidays. Presidents have devalued U.S. currency overnight. Lawmakers have imposed tempo- 2

3 rary measures that are now permanent fixtures in our financial lives, including the income tax and the fact that silver no longer backs any of our currency. Do not think that this won t hit you. The IMF is not calling on governments to soak the hated 1%. The IMF recognizes that not even the developed world s richest citizens have enough cash to refloat the sunken system. So everyone with a positive net worth will have to relinquish a portion of their wealth. The IMF is telling you what is coming. And I m telling you that wealth confiscation is nothing to brush aside as impossible in America. We are a deeply, deeply troubled country. And deeply troubled countries always resort to unexpected solutions. The threat of the state theft of your retirement savings has never been greater. But you don t have to be a victim. You just have to take a few steps in advance to gain some confiscation insurance that will protect your hard-earned savings. That s why I contacted Bob Bauman, our legal counsel and wealth-protection expert, to help me write this report. In the following pages, Bob will lay out four crucial wealth-protection strategies to keep Uncle Sam from picking your pension pocket. Enjoy, Jeff D. Opdyke Four Asset-Protection Secrets Every Investor Must Know By Bob Bauman JD, Offshore and Asset Protection Editor Strategy 1: Take Your IRA out of Harm s Way As Jeff mentioned, the government is hungrily circling your wealth and retirement savings. Make no mistake when the government runs out of money, it will come for the $19.4 trillion that Americans hold in retirement accounts. The good news is that there are ways for you to escape any upcoming pension attacks. The first step is to move your individual retirement account (IRA) offshore. U.S. law requires that you use a U.S.-based custodian for an IRA. Right now, a custodian like Fidelity, American Express or T. Rowe Price is probably holding your IRA. But you may not be aware that your choice of a custodian affects your investment selection and the future of your retirement. Your custodian makes the decision of which funds, bonds and equities you can trade within your IRA. Many limit investments to publicly traded stocks, bonds, mutual funds and bank CDs. And it s safe to say that many limit you and your money to U.S.-based solutions. But you can take control of your retirement savings. You will need to move your IRA to one of a small group of custodians offering IRAs that allow you to invest in less regulated investments. Of course, this greater freedom comes with greater risk. To find out more information about prohibited transactions, read IRS Publication 590. It describes what you can and cannot purchase in your IRA and with whom the IRA can deal. I suggest you become familiar with what the IRS outlines as it explains the penalties for premature withdrawal of funds and loans. 3

4 Now, let s talk about moving your IRA assets offshore. A few custodians permit alternative assets like gold, foreign real estate and offshore investments. There are a few that also allow you to use alternative managers, like international money managers located in places like Switzerland, Denmark or Asia. By moving your current IRA to the right custodian, you have the freedom to work with a variety of investment advisors. You can find better and more profitable ways to achieve your retirement goals. Before I go much further, I want to point out that when you decide to switch custodians, some retirementplan providers will tell you that it is illegal to move the assets of your IRA offshore. This is blatantly untrue. I can t tell you how many times concerned conference attendees have approached me over moving their money outside of the United States. Over the years, subscribers have faxed me the letters sent to them from well-known firms telling them that their IRAs can t move offshore. Yet, when they pushed the issue, the firms always transferred their accounts. But this only happened after a senior member of the firm was forced to get involved. These institutions simply want to keep your money in-house. It is my belief that some firms resort to halftruths and outright lies to scare you out of liberating your wealth. You are perfectly within your legal rights to move the assets of your retirement funds offshore. You just need to be persistent. It s your money. The hassle is worth it. Pick an International Manager to Grow Your Retirement When transferring your IRA, known as a rollover, it s critical to work with an experienced professional. A lot can go wrong with a do-it-yourself rollover. If you make a mistake, the IRS can view it as an early distribution. If this should happen, it will trigger penalties and the loss of your tax deferral. The safest way to do a rollover is to have the money rolled directly from one institution to another. Transferring your IRA to a new, more liberal custodian open to alternative investments will take two to six weeks. A couple of custodians I suggest are Entrust Group or Texas-based Goldstar Trust. Your current IRA custodian may take 30 days to release your funds. The fees for such a transfer range, but the average cost is approximately $250 to $400 for a basic account. Once you successfully transfer your funds to the new custodian, you have multiple options. You can selfdirect and open a brokerage account in the name of your IRA. Some custodians will allow you to purchase foreign real estate with the cash in your IRA or you can purchase physical gold. However, many of you may choose to send your money overseas for a professional money manager to oversee. Putting your money in the hands of a manager with a non-u.s. vantage point can give a big boost to your portfolio. Foreign managers have insights into markets and companies that U.S. advisors overlook. They have experience with foreign-currency diversification and stronger currencies, such as the Swiss franc, the Norwegian krone or the Singapore dollar. Offshore IRAs can also purchase and hold Swiss annuities and life insurance. Neither option is subject to attack or repatriation under Swiss law. Or you can invest in precious metals. (I will discuss precious metals, and foreign annuities and life insurance later on.) Moving IRA assets outside of the U.S. and opening a bank or investment account in the IRA name makes it very difficult for the U.S. government to attack those assets or repatriate them. That is especially true if you invest in real estate or land. 4

5 And, last but certainly not least, moving your IRA assets abroad means that your retirement cash is outside the U.S. banking system. In the event of a catastrophic banking meltdown here at home, your nest egg will be safe, miles away. I recommend a number of offshore advisors and money managers: ENR Asset Management is an SEC-registered and privately owned firm headed by Eric N. Roseman. Long-time Sovereign Investor members will remember Eric as our former investment editor and the editor of Commodity Trend Alert. ENR took over JGAM, the asset-management arm for American clients at Jyske Bank (Denmark s second-largest bank), when Jyske decided to discontinue providing investment advisory services to Americans due to FATCA pressures. Portfolio managers at ENR will invest your IRA funds based on your investment goals. Depending on the size of your account, they can also roll your retirement cash into a self-directed IRA. This will allow you to manage your own money, using brokerage firms overseas with which you might already have a relationship. ENR is lowering the minimum to open an offshore IRA by 50% to just $100,000 practically the lowest asset-management minimum being offered now. ENR is also lowering the annual management fee by 25%, to just 1.5%. Contact Information: Toll Free: Website: Weber Hartmann Vrijhof & Partners Ltd. (WHVP) is an option if you prefer a traditional Swiss base for your offshore IRA. Robert Vrijhof is the head of this private wealth-management and works with IRA accounts. For a $500,000 minimum deposit, Rob will manage the account on your behalf, also using Goldstar as the U.S. custodian. WHVP invests in stocks, bonds and currencies. It is a fee-based firm. Contact Information: Tel.: Website: Alpine Atlantic Asset Management Managing Partner Daniel Zurbrügg and the staff at his firm are also able to accept IRA accounts. And, like WHVP, the minimum deposit is $500,000. Contact Information: Tel.: Website: The firms I have mentioned can assist you with your IRA transfer since they all work with at least one, if not both, of the custodians listed. Strategy 2: Going Offshore With Annuities and Insurance Policies One of the only remaining ways to defer paying taxes under the U.S. Internal Revenue Code is to purchase an offshore annuity or life insurance policy that serves as a wrapper for investments. 5

6 Offshore variable annuities are one of the easiest ways to diversify your portfolio and invest your funds offshore. This type of annuity gives flexibility, protection and an assortment of tax advantages. Annuities are tax-deferred, allowing your savings to grow. So, an annuity works well in your retirement plan. After making an investment within it, the annuity makes payments to you on a succession of set dates providing a steady flow of cash after retiring. Now, a variable annuity is essentially the same thing but gives you the option of selecting from an assortment of investments. The payments you receive are based on the performance of those investments. As with all opportunities to gain bigger profits, there is more risk involved. You can read more information about the taxation rules, etc. on annuities in IRS Publication 575. Specifically, a top asset-protection strategy is moving your deferred variable annuity (DVA) offshore. The DVA delays payments, tax-free, until a date chosen by the owner. Many contracts give age 85 or 90 as the maximum for the deferral period. They are perfect for long-term investors pursuing a stream of income for their retirement. And the offshore version stands out from the domestic DVA because it allows access to a wide variety of international investment options: foreign currencies, foreign investment funds, and stocks and bonds. With these policies, you can denominate your wealth into foreign currencies easily, opening the option to receive payments in a higher-yielding currency. This gives you the ability to avoid the potential risks of inflation in a time of extraordinary U.S.-deficit levels. Another option you can take is to make someone else the beneficiary in an annuity contract with a foreign insurance company. Planning will maximize the value here. The products of a variable life insurance policy, a form of private placement life insurance (PPLI), are institutionally priced with no surrender charges. You can invest in real estate, hedge funds, private equity and traditional mutual funds. You, as the insured, can transfer ownership of the policy to your children or grandchildren. And it is possible to pass on the income to your beneficiaries without bothersome estate and generation-skipping transfer taxes. Making someone other than you the beneficiary is a secure asset-protection strategy because insurance is rarely something that is subject to confiscation. The death benefit is one of the advantages here. If you pass away before receiving the payments, the beneficiary will collect a specified amount (the greater of all the money in your account or an assured minimum). But the main advantage is that foreign laws govern the contract. In fact, depending on the location Liechtenstein, Nevis, Switzerland you can have the type of asset protection that s similar to an offshore trust. Remember that you will need to report to the IRS each year once establishing the policy, as you would do with any offshore financial account. When a policy is purchased, an IRS Form 720 must be filed and a 1% U.S. excise tax paid. For more information on how to set up annuities and life-insurance plans, I suggest you contact NMG: NMG International Financial Services Ltd. of Switzerland, a subsidiary of the worldwide NMG Group, specializes in insurance and financial consulting, pension administration and in tailoring investment solutions for private clients. Active in more than 16 countries, with clients among the world s leading financial service providers, NMG helps create sophisticated financial structures in an international environment designed to guarantee privacy, protect assets and provide diversification. Contact Information: Address: Hottingerstrasse 21, 8032 Zürich, Switzerland 6

7 Tel.: Website: *Ask to talk to Managing Partners Marc-André Sola or Dr. Josef A. Haid. Strategy 3: A Hard-Asset Safe Haven Buying physical gold or silver is also a great asset-protection strategy. It s always a good idea to have some assets foreign currency, stocks, gold outside of the U.S. so that you constantly have access to money. And there is a great way to achieve this essential financial freedom. Rather than trying to meet the high minimums of international banks and dealing with tiresome U.S. reporting requirements, the best way to establish another nest egg is by buying gold bars in the largest size you can afford and storing them in your name overseas. This is a smart play for a simple reason: Overseas gold storage is not reportable as long as it is not tied to a foreign bank account. This is just one of the offshore financial moves you can make that do not require U.S. tax reporting. And buying gold in the largest size you can afford is more financially sound than buying it in smaller bars or buying fractional gold. Kilo bars are priced close to the spot market price but the smaller you go, the more margin is built into the price. Buying the largest size you can afford will provide the best value. In the event that you need to sell your gold to access cash, large banks and precious-metal dealers are more likely to purchase large gold portions than several smaller ones. This provides superior liquidity in times of need. Keep in mind, the most significant part of this plan is location, location, location. For years, Zurich, Geneva and perhaps a few other places of less renown were the only options for overseas gold storage. That s no longer true. There is now a range of storage options to choose from including Australia, Hong Kong and Singapore. Although all of those locations are perfectly fine safe havens, I believe Singapore is a cut above the rest. Transparency International s 2012 Corruption Perceptions Index ranked Singapore as the fifth least-corrupt country out of 176. It is swiftly becoming a major financial center and a favorite among investors. Some things to take into consideration: 1. Singapore is a multicultural society with English as one of the four official languages. 2. It s safe, with a very strong rule of law and it s still flying below the radar as an offshore safe haven. 3. It comes with all of the advantages of easy air travel and a developed financial sector. This will make selling your gold fast and simple, should the need arise. I recommend storing your gold with Hard Assets Alliance. It s one of the best options I ve found out there. By using their vault storage, you can sell your precious metals whenever you like. They also allow immediate access to your profits in case you want to make additional purchases or transfer to another account. To learn more, you can visit their site at You can also contact them by at or by phone at their toll-free number, Strategy 4: An Enchanting Tax Haven While Singapore is a great offshore haven for hard assets, some of you might be looking for an overseas haven 7

8 for yourself away from the suffocating grip of U.S. taxes. In the past, death and renouncing your U.S. citizenship were the only surefire, legal ways of escape. But a third possibility has revealed itself, thanks to the Caribbean island of Puerto Rico Right now, U.S. tax policies are stifling. The U.S. taxes its citizens by virtue of their citizenship, regardless of where they live and earn their money. Even leaving the U.S. permanently does not absolve you from paying U.S. income taxes. It s no wonder that many Americans are turning to Puerto Rico. Puerto Rico is an unincorporated territory (a commonwealth) of the U.S. in the northeastern Caribbean. It is known in Spanish as the La Isla del Encanto, which means the island of enchantment and that s not just for its mesmerizing beauty. The island is particularly enchanting because most residents, except federal employees, pay no U.S. taxes on island income. (However, they are still required to file a federal tax return.) And residents are considered U.S. citizens, so there is no need for a second passport. Keep in mind that in order to qualify as a legal resident in Puerto Rico, you need to live on the island for at least 183 days a year. And while U.S. citizens who become residents do not have to pay U.S. federal income taxes on earnings made on the island, they must still pay the local Puerto Rican taxes. This is only about 4% in certain cases a small amount compared to the 39.6% in U.S. federal income taxes (plus state taxes of up to 13.3%). But this low 4% rate only applies if the services are performed in Puerto Rico for clients outside of the island. Otherwise, a local income tax of as much as 33% is applicable. You should consult a tax expert to discuss individual cases and circumstances. I recommend Josh N. Bennett: Josh N. Bennett has over 23 years of experience in law with extensive, in-depth involvement in all aspects of international tax, estate and gift-tax planning for U.S. citizens, resident aliens and nonresident aliens. Contact Information: Address: 440 North Andrews Avenue, Ft. Lauderdale, Florida Tel.: Website: In addition, Puerto Rico recently slashed its taxes on dividends and interest to zero, and capital gains taxes to as low as zero (with a maximum of 10%). And residents can avoid a 15% capital gains tax on assets held before moving there if they sell the assets after 10 years of residence on the island. The tax slashes are part of a recent program over the past year or so in which Puerto Rico has been promoting itself as a tax-friendly jurisdiction open to Americans. The island s government started this program in order to compete with its better-known Caribbean neighbors, like the Cayman Islands. Former Governor Luis Fortuno is responsible for the attractive tax incentives on the island. He not only slashed property taxes to zero for new homeowners for the first five years, but he also included a 100% tax exemption on all supplemental, passive income. Trouble in Paradise However, I should note that things might be changing in paradise. New Governor Alejandro Garcia Padilla recently submitted his 2014 budget, and he has hinted at plans to reduce the government s $2.2 billion deficit to $775 million partly through taxation. He plans to tax those who are self-employed earning $200,000 or more in revenue and those who purchase homes worth $1 million or more. He has yet to pro- 8

9 vide the details of these proposed taxes. Nonetheless, Michael Pfeifer, an international tax lawyer at the Washington, D.C., law firm of Caplin & Drysdale, predicts that Puerto Rico s tax incentives will continue to be used by some wealthy taxpayers as a new opportunity for income-shifting and tax-deferral. If the situation changes, our subscribers will be the first to know. I hope you found this information helpful. Faithfully yours, Bob Bauman JD Chairman, Freedom Alliance We Call It Theft I want to leave you with a quote that I find rings true, particularly with this report and Bob s advice. Economist Walter E. Williams wrote: Three-fifths to two-thirds of the federal budget consists of taking property from one American and giving it to another. Were a private person to do the same thing, we d call it theft. The short and long of it is that it s still theft, even when the government is the man in the ski mask telling you to hand over your wallet. But by following these simple asset-protection strategies, you ll be well on your way to safeguarding your wealth from the government and gaining financial privacy and freedom. However, keep in mind that when going offshore, it s always important to obtain proper legal advice. Please contact The Sovereign Society if we can assist you in any way, or if you d like to leave a comment or suggestion. Until next time, stay Sovereign. Jeff D. Opdyke Editor, The Sovereign Investor 9

10 The Sovereign Society 55 NE 5th Avenue, Suite 200, Delray Beach, FL USA USA Toll Free Tel: (888) Website: Legal Notice: This work is based on what we ve learned as financial journalists. It may contain errors and you should not base investment decisions solely on what you read here. It s your money and your responsibility. Nothing herein should be considered personalized investment advice. Although our employees may answer general customer service questions, they are not licensed to address your particular investment situation. Our track record is based on hypothetical results and may not reflect the same results as actual trades. Likewise, past performance is no guarantee of future returns. Certain investments such as futures, options, and currency trading carry large potential rewards but also large potential risk. Don t trade in these markets with money you can t afford to lose. Sovereign Offshore Services LLC expressly forbids its writers from having a financial interest in their own securities or commodities recommendations to readers. Such recommendations may be traded, however, by other editors, Sovereign Offshore Services LLC, its affiliated entities, employees, and agents, but only after waiting 24 hours after an internet broadcast or 72 hours after a publication only circulated through the mail. For transparency s sake, we want you to know that we have an advertising relationship with Swissmetal, Inc. and as such, we may receive fees if you choose to invest in their products. In addition, we receive a marketing fee based on our relationship with EverBank. (c) 2014 Sovereign Offshore Services LLC. All Rights Reserved; protected by copyright laws of the United States and international treaties. This Report may only be used pursuant to the subscription agreement. Any reproduction, copying, or redistribution, (electronic or otherwise) in whole or in part, is strictly prohibited without the express written permission of Sovereign Offshore Services, LLC. 55 NE 5th Avenue, Suite 200, Delray Beach FL HTY.SVS.VI

Swiss Fixed Annuities

Swiss Fixed Annuities Bob Bauman s June 2011 Swiss Fixed Annuities An Assured, Inflation-Proof Investment That Guarantees a Life-Time Income Even as we go to press, business news reports describe how foreign exchange traders

More information


4-HOUR ANNUITY TRAINING 4-HOUR ANNUITY TRAINING SECOND EDITION 4 Credit Hours, Approved For Life Insurance Licensees California Approved Course License Number 290774 All Life agents who sell annuities in California must complete

More information

Introduction. Introduction. Qualified Versus Nonqualified

Introduction. Introduction. Qualified Versus Nonqualified 1 Introduction Page ID: 526283 Introduction As we begin this course on Annuity Riders and Suitability of Transactions, it may be beneficial to review some of the basics about annuities. Fundamentally,

More information

Your Will and Estate Planning Guide

Your Will and Estate Planning Guide Your Will and Estate Planning Guide 1 2 w w w. m e n n o f o u n d a t i o n. c a Your Will and Estate Planning Guide 1-8 0 0-7 7 2-3 2 5 7 1 Your Will and Estate Planning Guide Copyright 2011 Mennonite

More information

Banking. Understanding banking in Canada

Banking. Understanding banking in Canada Banking Understanding banking in Canada Contents. 1: Getting started Opening your first bank account............ 3 Accessing your money.................. 4 Sending money overseas................. 7 Understanding

More information

John G. Stumpf, Chairman, President & CEO. The Vision & Values of Wells Fargo

John G. Stumpf, Chairman, President & CEO. The Vision & Values of Wells Fargo John G. Stumpf, Chairman, President & CEO The Vision & Values of Wells Fargo 2 Regardless of our growing size, scope and reach, our common vision and distinct values form the fabric that holds us together

More information

Variable Universal Life Insurance: Is it Worth it? James H. Hunt, F.S.A. February 2003

Variable Universal Life Insurance: Is it Worth it? James H. Hunt, F.S.A. February 2003 Variable Universal Life Insurance: Is it Worth it? James H. Hunt, F.S.A. February 2003 I. Introduction Variable life insurance provides death benefits and cash values that vary in accordance with the performance

More information

ohio shopper s guide series Annuity Contracts

ohio shopper s guide series Annuity Contracts ohio shopper s guide series Annuity Contracts This guide: Explains annuity contracts and their purpose Describesvarious contracts being sold today Details your choices for paying premiums and receiving

More information

Understanding Variable Annuities

Understanding Variable Annuities JUNE 2015 5 Benefits and Features of a Variable Annuity 9 Other Features, Benefits and Considerations 12 Before You Decide to Buy a Variable Annuity Understanding Variable Annuities What is a Variable

More information

The ABC s of Annuity Investing

The ABC s of Annuity Investing The ABC s of Annuity Investing 8213 352 nd Street East Eatonville, WA 98328 (253) 846-1155 2015 Introduction Introduction Welcome to the course This course is designed to provide information

More information


CALIFORNIA. LIFE INSURANCE and ANNUITIES. 800-927-HELP (4357) TDD 800.482.4833 DEPARTMENT OF INSURANCE Materials presented in this borchure are a collective effort of the staff of the California Department of Insurance. CALIFORNIA CALIFORNIA DEPARTMENT OF INSURANCE Consumer Education and Outreach Bureau

More information

Life Insurance and Annuity Basics

Life Insurance and Annuity Basics Kansas Insurance Department Life Insurance and Annuity Basics effective March 1, 2015 Ken Selzer, CPA Commissioner of Insurance March 2015 Life Insurance and Annuity Basics Dear Kansas consumer, Only a

More information

Annuity 8-Hr Training Course

Annuity 8-Hr Training Course Help Annuity 8-Hr Training Course 201 You are on Page 1 of this book. Use your Page Down button to start reading. Use Ctrl S To Save Book Use Ctrl F To Search Book Use the scroll button at right to fast

More information

Your Business. A Guide to Owning and Operating a Small Business in New York State

Your Business. A Guide to Owning and Operating a Small Business in New York State Your Business A Guide to Owning and Operating a Small Business in New York State A Guide To Owning and Operating a Small Business in New York State Contents CHAPTER 1: Foundations

More information

ANNUITIES from YOUR North Carolina Department of Insurance

ANNUITIES from YOUR North Carolina Department of Insurance A CONSUMER'S GUIDE TO ANNUITIES from YOUR North Carolina Department of Insurance CONSUMER'SGUIDE A MESSAGE FROM YOUR INSURANCE COMMISSIONER Greetings, The North Carolina Department of Insurance makes

More information

PERSI. Member Handbook

PERSI. Member Handbook PERSI Member Handbook Our Mission To provide a sound retirement system and high quality service and education to help Idaho public employees build a secure retirement. Our Vision To be the premier public

More information

Virginia Life Insurance Consumer s Guide

Virginia Life Insurance Consumer s Guide Virginia Life Insurance Consumer s Guide Prepared by State Corporation Commission Bureau of Insurance This Consumer s Guide should be used for educational purposes only. Nothing

More information

Getting Ready to Retire: What You Need to Know About Annuities. Table of Contents

Getting Ready to Retire: What You Need to Know About Annuities. Table of Contents Getting Ready to Retire: What You Need to Know About Annuities Table of Contents A. Planning Your Retirement Income ------------------------------------------------------------------------------------------------------

More information

Investing between the flags. A practical guide to investing

Investing between the flags. A practical guide to investing Investing between the flags A practical guide to investing About ASIC The Australian Securities and Investments Commission (ASIC) regulates financial advice and financial products (including credit). ASIC

More information

Money Tips for All Ages

Money Tips for All Ages SPECIAL EDITION Money Tips for All Ages Your Finances at Different Stages of Life Ideas for Any Age or Stage Teens Young Adults Newlyweds People at Midlife Teaching Our Kids Before You Retire After You

More information

9 Common Mistakes That Can Destroy Your Workers Compensation Claim

9 Common Mistakes That Can Destroy Your Workers Compensation Claim 9 Common Mistakes That Can Destroy Your Workers Compensation Claim And How to Avoid Making Them By Frank M. Eidson Copyright 2013 by PILMMA Publishing All rights reserved. No part of this book may be used

More information

ANNUITY SUITABILITY. This course is Clearcert Certified. Commonwealth Schools of Insurance, Inc. P.O. Box 22414. Louisville, KY 40252-0414

ANNUITY SUITABILITY. This course is Clearcert Certified. Commonwealth Schools of Insurance, Inc. P.O. Box 22414. Louisville, KY 40252-0414 ANNUITY SUITABILITY This course is Clearcert Certified P.O. Box 22414 Louisville, KY 40252-0414 Telephone: 502.425.5987 Fax: 502-429-0755 Web Site: Email:

More information

A Suitable Match: Best Practices for Annuity Sales

A Suitable Match: Best Practices for Annuity Sales A Suitable Match: Best Practices for Annuity Sales California Depar tment of Insurance 2006 A SUITABLE MATCH: BEST PRACTICES FOR ANNUITY SALES A Suitable Match: Best Practices for Annuity Sales TABLE OF

More information

In Treatment. Financial Guidance for Cancer Survivors and Their Families

In Treatment. Financial Guidance for Cancer Survivors and Their Families In Treatment Financial Guidance for Cancer Survivors and Their Families In Treatment Financial Guidance for Cancer Survivors and Their Families When I think about it now, I realize I ve had two lives.

More information

Understanding fixed index annuities

Understanding fixed index annuities Allianz Life Insurance Company of North America Understanding fixed index annuities M-5217 Page 1 of 12 Page 2 of 12 It s time to rethink retirement. In past years, the financial markets have experienced

More information

A Manager s Guide to Establishing a Hedge Fund

A Manager s Guide to Establishing a Hedge Fund A Manager s Guide to Establishing a Hedge Fund Our partner in developing this guidebook: CONTENTS Executive Summary............................................. 3 Legal and Tax Overview for Establishing

More information

ANNUITY DISCLOSURE MODEL REGULATION. Standards for the Disclosure Document and Buyer s Guide Report to Contract Owners *****

ANNUITY DISCLOSURE MODEL REGULATION. Standards for the Disclosure Document and Buyer s Guide Report to Contract Owners ***** Draft: 7/15/08 Revisions to Appendix A in Model 245 Edits by K Kitt and B. Cude 9/16/09 Comments should be sent by email to Jennifer Cook at by October 23, 2009. Table of Contents ANNUITY

More information

Suncorp WealthSmart Product Guide

Suncorp WealthSmart Product Guide Suncorp WealthSmart Product Guide Issued 1 July 2014 Suncorp WealthSmart Product Guide Suncorp EASE TM Product Disclosure Statement (for business) This Product Guide provides further information to the

More information

Guide to buying annuities

Guide to buying annuities Guide to buying annuities Summary of the key points contained in this disclosure document Before you purchase your annuity contract, make sure that you read and understand this guide. While reading this

More information

What. Mutual funds and collective investment. you should know about. Information Guide

What. Mutual funds and collective investment. you should know about. Information Guide What you should know about Mutual funds and collective investment Information Guide This CNMV guide is for investors. It explains the essential terms, helps you to ask the right questions, sets out the

More information