Could Portformulas® be a Valuable Component of Your Retirement Plan?

Many of you have heard of Portformulas® through seminars or working with us. This formulaic investment strategy tracks economic indicators to help determine the appropriate time to invest in or sell out of the market. We believe this could be a valuable tool in a retiree’s investment plan. If you would like to learn more about this strategy, please call for our C/D.

Are You Minimizing the Taxes You Will Owe for 2010?

Now that you have submitted your tax returns for 2009, it is the best time to do some tax planning for 2010. If you had taxable interest and dividends in 2009, and/or paid tax on up to 85% of your social security benefits – we may be able to help you with tax-reduction strategies. Give us a call and set an appointment.

Do You Anticipate Needing Money in the Next Several Months?

If you anticipate needing money in the next several months, for whatever reason, please call us. We can assist you in planning for your needs in the most efficient way possible.

Have You Planned Appropriately for Taxes on an Inheritance You May Have Received in 2010?

You may be aware that Congress failed to change the laws regarding inheritance tax. Therefore, currently for 2010, there is no inheritance tax. There is also no step-up in cost basis on certain inherited assets in 2010. If you receive an inheritance in 2010, please give us a call or consult with a qualified tax specialist to avoid any pitfalls.

Note: John Hinnegan is not a tax advisor. Please consult with a qualified tax professional for personal tax advice.

Could You Benefit From a Product that Allowed You to Participate in Market Gains While Limiting Downside Risk?

As many of you know, we emphasize strategies to help avoid or reduce unnecessary market risk. This focus has been very helpful given our current economic and market struggles. I show clients how, with the help of an Equity- Indexed Annuity (“EIA”), it’s possible to participate in the market while limiting downside risk. Generally, the principal in an EIA is guaranteed* against loss. However, if the market goes up, they can participate in the market growth.

*Guarantees are subject to the claims paying ability of the underlying insurance company. An index annuity is a long-term investment and may include, but is not limited to, asset fees, participation rates, caps and/or contingent deferred sales charges. Early surrender penalties may apply, including a 10% tax penalty on distributions made prior to age 59½.