Life Insurance Policy and Annuity Audit
When was the last time you had your life insurance policies or annuties audited? Life insurance and Annuities are dynamic and can change depending on interest rate fluctuations, market cycles and mortality tables. If you currently hold an insurance policy or an annuity that is more than 2 years old and has never been reviewed, a re-examination of your coverage for price and performance is recommended so you can be certain it meets your goals. The Life Insurance or Annuity Audit is a free service which objectively analyzes the coverage, price and performance of your current policies. When appropriate, well offer possible alternatives that make sense for you and your family.
Duration : 0:2:30
Equity Index Annuities
Equity Index Annuities. Insurance product tied to stock index. Sold to older investors or unsophisticated investors. Recommended to shy away from these because of very high commission fees which may result in a conflict of interest. Very high surrender fees! They can be very attractive with guarantee returns but you will be required to annuitize. Better off with CDs or corporate bonds. You will only make money in one direction, check out other flexible and cheaper investment vehicles.
Duration : 0:3:28
Xafinity Pension Trust: Defined contribution pension arrangements
In the summer of 2009, Xafinity launched a multi-employer master trust, the Xafinity Pension Trust. Whilst fairly new in the UK, master trusts are gaining popularity and moving from their traditional home in Australia to greet our shores. Today, Ken Anderson outlines the facts about master trusts and discusses the challenges faced by trustees, governance committees, employers and scheme members of defined contribution pension arrangements
Duration : 0:5:30
Mission Retirement -Part 1
AARP just released a retirement planning video Mission Retirement to show Americans the importance of saving for the future. Just about everyone’s mission is to retire some day. It isn’t impossible, but it will take work. According to AARP, there are big holes in the security net of pensions, therefore, it’s everyone’s responsibility to participate in work-based plans, like 401(k)s and cash balance plans. Workers need to take full advantage of the free money their employer offers and participate up to the available match—if not more.
Mission Retirement has five segments that emphasize everyone’s personal responsibility to save for retirement, the benefits of tax-advantaged savings opportunities, the importance of making the right retirement decisions, and options for managing your assets in retirement. In the first segment, an employee decides to enroll in his company’s 40l(k) because he understood the importance of paying himself first through an automatic contribution and realized the power of compound interest and tax deferrals.
Today the vast majority of workers are unprepared for retirement because they have not set realistic savings goals. In the second video segment, experts explain how to estimate how much we should be saving for retirement. One rule of thumb is to have a nest egg of 20 times your final salary. According to Dallas Salisbury of the Employee Benefit Research Institute, you’ll need to save 15 percent of your salary over 40 years to reach that goal.
No one can fully predict the future but we still can prepare for the unexpected – like getting downsized from a job or change in health. Gil, in the third segment, never expected he would be looking for a job at 60, but that’s what happened when his company downsized. He talks to AARP about how he wisely didn’t touch his retirement next egg, but instead went back to work.
The Crabbs, featured in segment four, had about $120,000 saved in a company plan when they retired. They learned the hard way how important it is to carefully manage their retirement money. In short order their nest egg had shrunk to $20,000 and at 68 they are looking for work. In this segment, AARP offers tips on spending money in retirement.
Good news, bad news: we are living longer. In the final segment AARP offers steps, you can take so you don’t outlive your savings. Learn how life annuities could bring you a steady stream of income, if you very carefully shop for a product with low fees and costs from a highly rated organization.
Produced for AARP
Duration : 0:6:3
Mission Retirement -Part 3
AARP just released a retirement planning video Mission Retirement to show Americans the importance of saving for the future. Just about everyone’s mission is to retire some day. It isn’t impossible, but it will take work. According to AARP, there are big holes in the security net of pensions, therefore, it’s everyone’s responsibility to participate in work-based plans, like 401(k)s and cash balance plans. Workers need to take full advantage of the free money their employer offers and participate up to the available match—if not more.
Mission Retirement has five segments that emphasize everyone’s personal responsibility to save for retirement, the benefits of tax-advantaged savings opportunities, the importance of making the right retirement decisions, and options for managing your assets in retirement. In the first segment, an employee decides to enroll in his company’s 40l(k) because he understood the importance of paying himself first through an automatic contribution and realized the power of compound interest and tax deferrals.
Today the vast majority of workers are unprepared for retirement because they have not set realistic savings goals. In the second video segment, experts explain how to estimate how much we should be saving for retirement. One rule of thumb is to have a nest egg of 20 times your final salary. According to Dallas Salisbury of the Employee Benefit Research Institute, you’ll need to save 15 percent of your salary over 40 years to reach that goal.
No one can fully predict the future but we still can prepare for the unexpected – like getting downsized from a job or change in health. Gil, in the third segment, never expected he would be looking for a job at 60, but that’s what happened when his company downsized. He talks to AARP about how he wisely didn’t touch his retirement next egg, but instead went back to work.
The Crabbs, featured in segment four, had about $120,000 saved in a company plan when they retired. They learned the hard way how important it is to carefully manage their retirement money. In short order their nest egg had shrunk to $20,000 and at 68 they are looking for work. In this segment, AARP offers tips on spending money in retirement.
Good news, bad news: we are living longer. In the final segment AARP offers steps, you can take so you don’t outlive your savings. Learn how life annuities could bring you a steady stream of income, if you very carefully shop for a product with low fees and costs from a highly rated organization.
Produced for AARP
Duration : 0:5:48
Mission Retirement -Part 2
AARP just released a retirement planning video Mission Retirement to show Americans the importance of saving for the future. Just about everyone’s mission is to retire some day. It isn’t impossible, but it will take work. According to AARP, there are big holes in the security net of pensions, therefore, it’s everyone’s responsibility to participate in work-based plans, like 401(k)s and cash balance plans. Workers need to take full advantage of the free money their employer offers and participate up to the available match—if not more.
Mission Retirement has five segments that emphasize everyone’s personal responsibility to save for retirement, the benefits of tax-advantaged savings opportunities, the importance of making the right retirement decisions, and options for managing your assets in retirement. In the first segment, an employee decides to enroll in his company’s 40l(k) because he understood the importance of paying himself first through an automatic contribution and realized the power of compound interest and tax deferrals.
Today the vast majority of workers are unprepared for retirement because they have not set realistic savings goals. In the second video segment, experts explain how to estimate how much we should be saving for retirement. One rule of thumb is to have a nest egg of 20 times your final salary. According to Dallas Salisbury of the Employee Benefit Research Institute, you’ll need to save 15 percent of your salary over 40 years to reach that goal.
No one can fully predict the future but we still can prepare for the unexpected – like getting downsized from a job or change in health. Gil, in the third segment, never expected he would be looking for a job at 60, but that’s what happened when his company downsized. He talks to AARP about how he wisely didn’t touch his retirement next egg, but instead went back to work.
The Crabbs, featured in segment four, had about $120,000 saved in a company plan when they retired. They learned the hard way how important it is to carefully manage their retirement money. In short order their nest egg had shrunk to $20,000 and at 68 they are looking for work. In this segment, AARP offers tips on spending money in retirement.
Good news, bad news: we are living longer. In the final segment AARP offers steps, you can take so you don’t outlive your savings. Learn how life annuities could bring you a steady stream of income, if you very carefully shop for a product with low fees and costs from a highly rated organization.
Produced for AARP
Duration : 0:6:1
Mission Retirement -Part 4
AARP just released a retirement planning video Mission Retirement to show Americans the importance of saving for the future. Just about everyone’s mission is to retire some day. It isn’t impossible, but it will take work. According to AARP, there are big holes in the security net of pensions, therefore, it’s everyone’s responsibility to participate in work-based plans, like 401(k)s and cash balance plans. Workers need to take full advantage of the free money their employer offers and participate up to the available match—if not more.
Mission Retirement has five segments that emphasize everyone’s personal responsibility to save for retirement, the benefits of tax-advantaged savings opportunities, the importance of making the right retirement decisions, and options for managing your assets in retirement. In the first segment, an employee decides to enroll in his company’s 40l(k) because he understood the importance of paying himself first through an automatic contribution and realized the power of compound interest and tax deferrals.
Today the vast majority of workers are unprepared for retirement because they have not set realistic savings goals. In the second video segment, experts explain how to estimate how much we should be saving for retirement. One rule of thumb is to have a nest egg of 20 times your final salary. According to Dallas Salisbury of the Employee Benefit Research Institute, you’ll need to save 15 percent of your salary over 40 years to reach that goal.
No one can fully predict the future but we still can prepare for the unexpected – like getting downsized from a job or change in health. Gil, in the third segment, never expected he would be looking for a job at 60, but that’s what happened when his company downsized. He talks to AARP about how he wisely didn’t touch his retirement next egg, but instead went back to work.
The Crabbs, featured in segment four, had about $120,000 saved in a company plan when they retired. They learned the hard way how important it is to carefully manage their retirement money. In short order their nest egg had shrunk to $20,000 and at 68 they are looking for work. In this segment, AARP offers tips on spending money in retirement.
Good news, bad news: we are living longer. In the final segment AARP offers steps, you can take so you don’t outlive your savings. Learn how life annuities could bring you a steady stream of income, if you very carefully shop for a product with low fees and costs from a highly rated organization.
Produced for AARP
Duration : 0:4:58
HURRA HURRA – AMF Pension
In general, a pension is an arrangement to provide people with an income when they are no longer earning a regular income from employment. Pensions should not be confused with severance packages; the former is paid in regular installments, while the latter is paid in one lump sum. The terms retirement plan or superannuation refer to a pension granted upon retirement Retirement plans may be set up by employers, insurance companies, the government or other institutions such as employer associations or trade unions. Called retirement plans in the USA, they are more commonly known as pension schemes in the UK and Ireland and superannuation plans in Australia. Retirement pensions are typically in the form of a guaranteed annuity. A pension created by an employer for the benefit of an employee is commonly referred to as an occupational or employer pension. Labor unions, the government, or other organizations may also fund pensions. Occupational pensions are a form of deferred compensation, usually advantageous to employee and employer for tax reasons. Many pensions also contain an insurance aspect, since they often will pay benefits to survivors or disabled beneficiaries, while annuity income insures against the risk of longevity. Other vehicles (certain lottery payouts, for example, or an annuity) may provide a similar stream of payments.
The common use of the term pension is to describe the payments a person receives upon retirement, usually under pre-determined legal and/or contractual terms. A recipient of a retirement pension is known as a pensioner or retiree.
Duration : 0:1:50
Mission Retirement -Part 5
AARP just released a retirement planning video Mission Retirement to show Americans the importance of saving for the future. Just about everyone’s mission is to retire some day. It isn’t impossible, but it will take work. According to AARP, there are big holes in the security net of pensions, therefore, it’s everyone’s responsibility to participate in work-based plans, like 401(k)s and cash balance plans. Workers need to take full advantage of the free money their employer offers and participate up to the available match—if not more.
Mission Retirement has five segments that emphasize everyone’s personal responsibility to save for retirement, the benefits of tax-advantaged savings opportunities, the importance of making the right retirement decisions, and options for managing your assets in retirement. In the first segment, an employee decides to enroll in his company’s 40l(k) because he understood the importance of paying himself first through an automatic contribution and realized the power of compound interest and tax deferrals.
Today the vast majority of workers are unprepared for retirement because they have not set realistic savings goals. In the second video segment, experts explain how to estimate how much we should be saving for retirement. One rule of thumb is to have a nest egg of 20 times your final salary. According to Dallas Salisbury of the Employee Benefit Research Institute, you’ll need to save 15 percent of your salary over 40 years to reach that goal.
No one can fully predict the future but we still can prepare for the unexpected – like getting downsized from a job or change in health. Gil, in the third segment, never expected he would be looking for a job at 60, but that’s what happened when his company downsized. He talks to AARP about how he wisely didn’t touch his retirement next egg, but instead went back to work.
The Crabbs, featured in segment four, had about $120,000 saved in a company plan when they retired. They learned the hard way how important it is to carefully manage their retirement money. In short order their nest egg had shrunk to $20,000 and at 68 they are looking for work. In this segment, AARP offers tips on spending money in retirement.
Good news, bad news: we are living longer. In the final segment AARP offers steps, you can take so you don’t outlive your savings. Learn how life annuities could bring you a steady stream of income, if you very carefully shop for a product with low fees and costs from a highly rated organization.
Produced for AARP
Duration : 0:5:55
A Ponzi Scam? It Could Never Happen to Us ! Well, Guess What?… It Did ! How and Why ?
5 Ways to Ponzi-Proof Your Portfolio, by Liz Peek
Editors Note: Liz Peek is a financial columnist and the author of wOws Wall Street Weekly and SHEconomics.
wowOwows financial guru Liz Peek to the rescue with five easy-to-understand ways to prevent a Ponzi schemer — like alleged schemer Bernie Madoff — from taking advantage of you.
•Check out the accountant. Call the firm, demand a client list, ask who audits the money-management firm youre considering. A fraud always involves the bean counter.
•Ask the money manager to explain in laymans terms how he invests. Dont be shy about asking questions. If he cant explain it, it may be because he doesnt have a decent (or legal) strategy.
•Do not assume that someone else has done the due diligence. This is huge. Just because there are important or smart people involved, it doesnt mean they have checked the company out.
•Check out FINRA BrokerCheck, a free online tool to help investors check the professional background of current and former FINRA-registered securities firms and brokers.
•Never, ever, put all your eggs in one basket. Even the SEC, apparently, can be fooled.
Duration : 0:5:2