January/February 2020 Contributing Now Matters! › pdf › samples › 2020-01 ›...
Transcript of January/February 2020 Contributing Now Matters! › pdf › samples › 2020-01 ›...
RETIRFINRA Reference FR2019-1004-0084/E
The sender and LTM Marketing Specialists LLC are unrelated. This publication was prepared for the publication’s provider by LTM Marketing Specialists LLC, an unrelated third party. Articles are not written or produced by the named representative.
January/February 2020
Great StartMelissa wants to save for retirement early, so she contributes $200 per month to her company 401(k) plan. That’s $2,400 per year, which she keeps up for 10 years — at which point her money has grown to about $32,881. She never contributes another dime to the retirement plan, but after another 30 years, her balance has grown to $198,889.
Plan InterruptedJake is a Millennial like Melissa and starts off contributing the same amount for fi ve years to build a $13,993 balance. He gets married, has a family and stops retirement plan contributions for the next 30 years. Even so, his balance grows to $84,640. He then restarts contributions
for another fi ve years before retiring, when his account will have grown to $128,242.
Late Start
Anthony is 57 and, unfortunately, never contributed to a retirement plan. Better late
than never, so he begins making $200 per month contributions to his plan. At his
retirement age of 67, his balance will only amount to $32,881. If he doubles his contributions, he will still only have $65,762 after 10 years. As these three examples show, compounding works best with time. Even if Anthony quadruples his contribution, he will barely accumulate more than
Jake does and much less than Melissa will.
The moral of this story? Time matters. Talk to your fi nancial professional to learn more.
*Each example, courtesy of investor.gov, is based on hypothetical earnings of 6% compounded daily. It is not representative of any specifi c investment strategy or combination of investment strategies. Actual results will vary.
If you don’t contribute to a 401(k), IRA or other qualifi ed retirement plan you couldbe missing out on a potentially large benefi t – compounding. Simply put, compoundingis potential earnings on your interest or gains over time. So, the earlier you begin saving, the earlier interest will add up and compound. The same principle applies to retirement plan contributions. The earlier you begin contributing, the more time you give your retirement portfolio to potentially grow. Following are three hypothetical examples that demonstrate how time and compounding work*.
Contributing Now Matters!
company 401(k) plan. That’s $2,400 per year, which she keeps up for 10 years — at which point her money has grown to about $32,881. She never
another dime to the retirement plan, but after
Karen Petrucco Account Manager
LTM Client Marketing125 Wolf Road, Suite 407Albany, NY 12205
Tel: 518-870-1082Fax: 800-720-0780kpetrucco@ltmclientmarketing.comwww.ltmclientmarketing.com
I am committed to helping my clients achieve their financial goals for themselves, their families and their businesses by providing them with strategies for asset accumulation, preservation and transfer.
LTM Client Marketing
Partners in your marketing success
Retirement VersionPROO
F
PROO
F
PROO
FThe sender and LTM Marketing SpecialistsPR
OOF
The sender and LTM Marketing Specialists
another 30 years,
PROO
Fanother 30 years, her balance has
PROO
Fher balance has grown to $198,889.
PROO
Fgrown to $198,889.
Plan Interrupted
PROO
FPlan InterruptedJake is a Millennial like Melissa and starts off PR
OOF
Jake is a Millennial like Melissa and starts off contributing the same amount for fi ve years to PR
OOF
contributing the same amount for fi ve years to build a $13,993 balance. He gets married, has a PR
OOF
build a $13,993 balance. He gets married, has a family and stops retirement plan contributions PR
OOF
family and stops retirement plan contributions for the next 30 years. Even so, his balance PR
OOF
for the next 30 years. Even so, his balance grows to $84,640. He then restarts contributions PR
OOF
grows to $84,640. He then restarts contributions
for another fi ve years before retiring, when his
PROO
Ffor another fi ve years before retiring, when his account will have grown to $128,242.
PROO
Faccount will have grown to $128,242.
Late Start
PROO
FLate Start
Anthony is 57 and, unfortunately, never
PROO
FAnthony is 57 and, unfortunately, never contributed to a retirement plan. Better late
PROO
Fcontributed to a retirement plan. Better late
than never, so he begins making $200 per
PROO
Fthan never, so he begins making $200 per
month contributions to his plan. At his
PROO
Fmonth contributions to his plan. At his
retirement age of 67, his balance will
PROO
Fretirement age of 67, his balance will
only amount to $32,881. If he
PROO
Fonly amount to $32,881. If he doubles his contributions, he will
PROO
Fdoubles his contributions, he will still only have $65,762 after 10
PROO
Fstill only have $65,762 after 10 years. As these three examples
PROO
Fyears. As these three examples
The moral of this story? Time matters. Talk to
PROO
FThe moral of this story? Time matters. Talk to your fi nancial professional to learn more.PROO
Fyour fi nancial professional to learn more.PROO
FIf you don’t contribute to a 401(k), IRA or other qualifi ed retirement plan you could
PROO
FIf you don’t contribute to a 401(k), IRA or other qualifi ed retirement plan you couldbe missing out on a potentially large benefi t – compounding. Simply put, compounding
PROO
Fbe missing out on a potentially large benefi t – compounding. Simply put, compoundingis potential earnings on your interest or gains over time. So, the earlier you begin saving,
PROO
Fis potential earnings on your interest or gains over time. So, the earlier you begin saving, the earlier interest will add up and compound. The same principle applies to retirement
PROO
Fthe earlier interest will add up and compound. The same principle applies to retirement plan contributions. The earlier you begin contributing, the more time you give your
PROO
Fplan contributions. The earlier you begin contributing, the more time you give your retirement portfolio to potentially grow. Following are three hypothetical examples that
PROO
Fretirement portfolio to potentially grow. Following are three hypothetical examples that
Contributing Now Matters!
PROO
FContributing Now Matters!
PROO
F
PROO
F
PROO
F
PROO
F
PROO
F
PROO
F
PROO
F
PROO
F
PROO
F
PROO
F
PROO
F
PROO
F
PROO
F
PROO
F
PROO
F
PROO
F
PROO
F
PROO
F
PROO
F
PROO
F
PROO
F
PROO
F
PROO
F
PROO
F
PROO
F
PROO
F
PROO
F
PROO
F
PROO
F
PROO
F
PROO
F
PROO
F
PROO
F
PROO
F
PROO
F
PROO
F
PROO
F
PROO
F
PROO
F
PROO
F
PROO
F
PROO
F
PROO
F
PROO
F
PROO
F
PROO
F
PROO
F
PROO
F
PROO
F
PROO
F
PROO
F
PROO
F
PROO
F
PROO
FKaren Petrucco
PROO
FKaren Petrucco Account Manager
PROO
FAccount Manager
LTM Client Marketing
PROO
FLTM Client Marketing125 Wolf Road, Suite 407
PROO
F125 Wolf Road, Suite 407Albany, NY 12205
PROO
FAlbany, NY 12205
Tel: 518-870-1082
PROO
FTel: 518-870-1082Fax: 800-720-0780
PROO
FFax: [email protected]
PROO
PROO
Fwww.
Big Changes Don’t forget the obvious when looking for tax deductions and credits. If you were married last year or became a new parent, you’ll fi nd increased deductions and potentially new credits. If you don’t itemize on your tax return, the standard deduction for joint fi lers in 2019 is $24,400; it’s half that for a single tax fi ler.
You can also fi nd tax credits if you care for an elderly person declared as a dependent or pay for child care if you qualify by income. Tax credits are more valuable than deductions because they reduce your taxes, not your taxable income.
For Itemizers If you itemize on your tax return, you can deduct real estate and local income taxes, up to certain limits. You might also deduct donations to qualifi ed charities and home offi ce expenses.
Don’t forget that you have until the 2019 tax-fi ling deadline to contributeto a traditional IRA, which may reduce your taxable income, or a Roth IRA, which may reduce taxable income in the future.
Check How MuchYou’re Withholding
Ways to HelpMinimize Your Taxes
The start of a new year is a good time to make sure you have the right amount of money withheld from your paycheck. You may want to withhold less if you consistently receive refund checks or more if you have untaxed gig or other income. Marriage, pay raises and new deductions could also warrant a change.
Know that you could owe the IRS a penalty and interest when you underestimate taxes. To change your withholding, ask your employer for a W-4 form and add allowances to withhold less or request fewer allowances to withhold more.
JF2020
Smart Money Moves for the New Year
Go through your budget with a fi ne-toothed comb to fi nd dollars you needn’t spend, and then put them toward your most important goals.
Pay estimated taxes on untaxed gig income, realized investment gains and other income to save on penalties and interest.
Increase your retirement plan contributions — your retired self will appreciate it.
If you don’t already maintain one, create an emergency fund for life’s unexpected fi nancial shocks.
Keep your vehicle after you make the last payment and put the extra money toward retirement, a child’s college education or other long-term goals.
PROO
FBig Changes
PROO
FBig Changes Don’t forget the obvious when looking for tax deductions and credits. If you
PROO
FDon’t forget the obvious when looking for tax deductions and credits. If you were married last year or became a new parent, you’ll find increased deductions
PROO
Fwere married last year or became a new parent, you’ll find increased deductions and potentially new credits. If you don’t itemize on your tax return, the standard
PROO
Fand potentially new credits. If you don’t itemize on your tax return, the standard deduction for joint fi lers in 2019 is $24,400; it’s half that for a single tax filer.
PROO
Fdeduction for joint fi lers in 2019 is $24,400; it’s half that for a single tax filer.
Ways to Help
PROO
FWays to HelpMinimize Your Taxes
PROO
FMinimize Your Taxes
The start of a new year is a good time to make sure you have the right amount ofPR
OOF
The start of a new year is a good time to make sure you have the right amount ofmoney withheld from your paycheck. You may want to withhold less if you
PROO
F
money withheld from your paycheck. You may want to withhold less if youconsistently receive refund checks or more if you have untaxed gig or other
PROO
Fconsistently receive refund checks or more if you have untaxed gig or other income. Marriage, pay raises and new deductions could also warrant a change.
PROO
Fincome. Marriage, pay raises and new deductions could also warrant a change.
withhold less or
PROO
Fwithhold less or request fewer
PROO
Frequest fewer allowances to
PROO
Fallowances to withhold more.
PROO
Fwithhold more.
PROO
F
PROO
F
PROO
F
PROO
Frealized investment gains
PROO
Frealized investment gains and other income to save
PROO
Fand other income to save on penalties and interest.
PROO
Fon penalties and interest.
Increase your retirement PROO
FIncrease your retirement plan contributions — your PROO
Fplan contributions — your retired self will appreciate it.PROO
Fretired self will appreciate it.
Keep your vehicle after
PROO
FKeep your vehicle after you make the last
PROO
Fyou make the last payment and put the
PROO
Fpayment and put the extra money toward
PROO
Fextra money toward retirement, a child’s
PROO
Fretirement, a child’s college education or other
PROO
Fcollege education or other long-term goals.
PROO
Flong-term goals.
PROO
F
PROO
F
PROO
F
PROO
F
PROO
F
PROO
F
PROO
F
PROO
F
PROO
F
PROO
F
PROO
F
PROO
F
PROO
F
PROO
F
PROO
F
PROO
F
PROO
F
PROO
F
PROO
F
PROO
F
PROO
F
PROO
F
PROO
F
PROO
F
PROO
F
PROO
F
PROO
F
PROO
F
PROO
F
PROO
F
PROO
F
PROO
F
PROO
F
PROO
F
PROO
F
PROO
F
PROO
F
PROO
F
PROO
F
PROO
F
PROO
F
PROO
F
PROO
F
PROO
F
PROO
F
PROO
F
PROO
F
PROO
F
PROO
F
PROO
F
PROO
F
PROO
F
PROO
F
PROO
F
PROO
F
PROO
F
PROO
F
PROO
F
PROO
F
PROO
F
PROO
F
PROO
F
PROO
F
PROO
F
PROO
F
PROO
F
PROO
F
PROO
F
PROO
F
PROO
F
PROO
F
PROO
F
PROO
F
PROO
F
PROO
F
PROO
F
PROO
F
PROO
F
PROO
F
PROO
F
PROO
F
PROO
F
PROO
F
PROO
F
PROO
F
PROO
F
PROO
F
PROO
F
PROO
F
PROO
F
PROO
F
PROO
F
PROO
F
PROO
F
PROO
F
PROO
F
What is the AMT ?
6 Questions to Ask Before Buying Your First Home
While the most recent changes to federal income tax regulations reduced the number of people who must pay the Alternative Minimum Tax (AMT), the tax is sizable if you’re the one paying it.
As its name indicates, the AMT is an alternative to paying ordinary federal income taxes. Generally, it hits taxpayers with high income and deductions, with the latter including state and local taxes, mortgage interest and incentive stock options. The AMT disallows some credits and deductions typically allowed on an ordinary tax return.
Owning a home remains part of the American Dream, but doing so requires a strategy and discipline. If you’re looking to buy your first home, answer the following questions to help ensure you do everything you can to make this experience a success.
By the NumbersThe AMT is designed to ensure wealthy individuals pay at least some income tax. The AMT exemption amount for 2019 for single and joint filers respectively is $71,700 and $111,700, with the exemption phasing out at $510,300 and $1,020,600. *
*https://www.irs.gov/newsroom/irs-provides-tax-inflation-adjustments-for-tax-year-2019
How Much House Can I Afford?It’s important to calculate all your costs, from monthly expenses such as mortgage, taxes and insurance to occasional maintenance and repair costs.
Where Do I Buy?Determine if your new home will add or subtract expenses to your budget due to the commute and public school taxes.
How Much Should I Put Down?In most cases, you’ll want at least a 20% down payment on your new home. Smaller down payments often trigger the necessity of private mortgage insurance, which will add to your total costs.
Have I Done my Homework?
Make sure your credit rating is as strong as possible and comparison-shop for your best mortgage options.
Which Mortgage is the Best?
Many first-time homebuyers try to limit upfront costs, but doing so can increase your total costs if folded into your loan. Instead, look to pay no points when possible and limit other closing costs, including origination fees. When comparing mortgages, know that shorter-term options — such as a 15-year mortgage — usually offer lower rates and lifetime costs than a 30-year mortgage does.
What Do I Buy?This ultimately depends on your financial means and lifestyle. First-time homebuyers may consider buying a lower-cost condo, but buying a two-family home can be a cost-effective option. You may want the finest home in the area, but a fixer-upper will likely be less expensive and a good candidate for price appreciation if you are handy and can make some updates.
Check How MuchYou’re Withholding
How to Save for aDown Payment
A home for many Americans is the largest purchase and continuing expense, and the down payment for one can be a big chunk of change. If you’re buying your first home, you may shift your savings efforts into another gear by following these steps:
• Check your credit rating and raiseit, if possible, to get the bestmortgage rates
• Reduce your debt and put thesavings toward your downpayment
• Temporarily eliminate or downsizea few areas of your life, from travelto restaurants, and save more
• Work overtime or find a part-timegig to increase your income —and down payment
• Put bonuses and pay raises towardyour down payment
PROO
F6 Questions to Ask Before
PROO
F6 Questions to Ask Before Buying Your First Home
PROO
FBuying Your First HomeOwning a home remains part of the American Dream, but doing so
PROO
FOwning a home remains part of the American Dream, but doing so requires a strategy and discipline. If you’re looking to buy your first home,
PROO
Frequires a strategy and discipline. If you’re looking to buy your first home, answer the following questions to help ensure you do everything you can
PROO
Fanswer the following questions to help ensure you do everything you can
*https://www.irs.gov/newsroom/irs-provides-tax-inflation-adjustments-for-tax-year-2019
PROO
F*https://www.irs.gov/newsroom/irs-provides-tax-inflation-adjustments-for-tax-year-2019
How Much House Can I Afford?
PROO
FHow Much House Can I Afford?It’s important to calculate all your costs, from monthly expenses
PROO
FIt’s important to calculate all your costs, from monthly expenses such as mortgage, taxes and insurance to occasional
PROO
Fsuch as mortgage, taxes and insurance to occasional maintenance and repair costs.
PROO
Fmaintenance and repair costs.
Where Do I Buy?
PROO
FWhere Do I Buy?Determine if your new home will add or subtract expenses to
PROO
FDetermine if your new home will add or subtract expenses to your budget due to the commute and public school taxes.
PROO
Fyour budget due to the commute and public school taxes.
How Much Should
PROO
FHow Much ShouldI Put Down?PR
OOF
I Put Down?In most cases, you’ll PR
OOF
In most cases, you’ll want at PR
OOF
want at least a 20% down PROO
Fleast a 20% down
payment on your new PROO
Fpayment on your new home. Smaller PR
OOF
home. Smaller down payments PR
OOF
down payments often trigger the PR
OOF
often trigger the
private mortgage PROO
Fprivate mortgage
Have I Done my Homework?
PROO
FHave I Done my Homework?
Make sure your credit rating is as strong as possible and
PROO
FMake sure your credit rating is as strong as possible and comparison-shop for your best mortgage options.
PROO
Fcomparison-shop for your best mortgage options.
Which Mortgage is the Best?
PROO
FWhich Mortgage is the Best?
PROO
F
Down Payment
PROO
F
Down PaymentA home for many Americans is the
PROO
F
A home for many Americans is the largest purchase and continuing
PROO
F
largest purchase and continuing expense, and the down payment for
PROO
Fexpense, and the down payment for one can be a big chunk of change.
PROO
Fone can be a big chunk of change. If you’re buying your first home, you
PROO
FIf you’re buying your first home, you may shift your savings efforts into
PROO
Fmay shift your savings efforts into another gear by following these steps:
PROO
Fanother gear by following these steps:
PROO
F•
PROO
F••
PROO
F• Check your credit rating and raise
PROO
FCheck your credit rating and raise it, if possible, to get the best
PROO
Fit, if possible, to get the best mortgage rates
PROO
Fmortgage rates
PROO
F•
PROO
F••
PROO
F• Reduce your debt and put the
PROO
FReduce your debt and put the savings toward your down
PROO
Fsavings toward your down payment
PROO
Fpayment
PROO
F•
PROO
F••
PROO
F• Temporarily eliminate or downsize
PROO
FTemporarily eliminate or downsizea few areas of your life, from travel
PROO
Fa few areas of your life, from travelto restaurants, and save more
PROO
Fto restaurants, and save more
PROO
F•
PROO
F••
PROO
F• Work overtime or find a part-time
PROO
FWork overtime or find a part-timegig to increase your income —
PROO
Fgig to increase your income —and down payment
PROO
Fand down payment
PROO
F•
PROO
F••
PROO
F• Put bonuses and pay raises toward
PROO
FPut bonuses and pay raises toward
PROO
F
PROO
F
PROO
F
This publication is not intended as legal or tax advice. All individuals, including those involved in the estate planning process, are advised to meet with their tax and legal professionals. The individual sponsoring this newsletter will work with your tax and legal advisors to help select appropriate product solutions. We do not endorse or guarantee the content or services of any website mentioned in this newsletter. We encourage you to review the privacy policy of each website you visit. Limitations, restrictions and other rules and regulations apply to many of the fi nancial and insurance products and concepts presented in this newsletter, and they may diff er according to individual situations. The publisher and individual sponsor do not assume liability for fi nancial decisions based on the newsletter’s contents. Great care has been taken to ensure the accuracy of the newsletter copy at press time; however, markets and tax information can change suddenly. Whole or partial reproduction of Let’s Talk Money® without the written permission of the publisher is forbidden.
©2020, LTM Client Marketing Specialists LLC
We Value Your Input...Your feedback is very important to us. If you have any questions about any of the subjects covered here, or suggestions for future issues, please don’t hesitate to call. You’ll fi nd our number on the front of this newsletter. It’s always a pleasure to hear from you.
RETIR
Recyclable
Who Qualifi es?
Your contributions to a Roth IRA are made after-tax, in contrast to pre-tax contributions you may make to a traditional IRA if you qualify by income. In return, you don’t pay income tax on distributions if you are at least age 59 ½ and have owned the Roth IRA at least fi ve years. You also aren’t required to begin minimum distributions (RMDs) during your lifetime, which you must with a traditional IRA at age 70 ½.
Anyone can contribute to a traditional IRA, but annual income determines your eligibility for a Roth. In 2019, the limit was $203,000 in modifi ed adjusted gross income if you fi le a joint tax return and lesser amounts for other fi lers. There is no income limit for rollovers from a traditional IRA, but you will pay income tax on the rollover amount, so it may be best to do this in years when you have lower income.
One similarity between the two IRAs is that potential growth is tax-deferred. Withdrawals from a Roth IRA become tax-free once you meet the holding requirements.
Why this Works
If you’re young and unsure how much money you’ll need in retirement, and especially if you believe income tax rates will be higher in the future, a Roth IRA may be for you. Older workers may also prefer a Roth IRA for a few reasons. First, the obvious: tax-free distributions. Second, you don’t have RMDs, which may be important if you have
other retirement income. Third, you can continue contributing to a Roth after age 70 ½ if you have earned income. You can’t do that with a traditional IRA.
Pay taxes now or pay them later? Talk to your fi nancial professional to help you make that choice.
Check Out the Roth IRAIf you don’t qualify for a tax-deferred traditional IRA because your income is too high or if you would rather not bet on federal income taxes being low in the future, when distributions would be taxed, you might want to look at a Roth IRA to help with your retirement strategy. PR
OOF
This publication is not intended as legal or tax advice. All individuals, including
PROO
FThis publication is not intended as legal or tax advice. All individuals, including those involved in the estate planning process, are advised to meet with their tax
PROO
Fthose involved in the estate planning process, are advised to meet with their tax and legal professionals. The individual sponsoring this newsletter will work with
PROO
Fand legal professionals. The individual sponsoring this newsletter will work with your tax and legal advisors to help select appropriate product solutions. We do not
PROO
Fyour tax and legal advisors to help select appropriate product solutions. We do not endorse or guarantee the content or services of any website mentioned in this
PROO
Fendorse or guarantee the content or services of any website mentioned in this newsletter. We encourage you to review the privacy policy of each website you PR
OOF
newsletter. We encourage you to review the privacy policy of each website you visit. Limitations, restrictions and other rules and regulations apply to many of the PR
OOF
visit. Limitations, restrictions and other rules and regulations apply to many of the fi nancial and insurance products and concepts presented in this newsletter, and PR
OOF
fi nancial and insurance products and concepts presented in this newsletter, and they may diff er according to individual situations. The publisher and individual PR
OOF
they may diff er according to individual situations. The publisher and individual sponsor do not assume liability for fi nancial decisions based on the newsletter’s PR
OOF
sponsor do not assume liability for fi nancial decisions based on the newsletter’s contents. Great care has been taken to ensure the accuracy of the newsletter copy PR
OOF
contents. Great care has been taken to ensure the accuracy of the newsletter copy at press time; however, markets and tax information can change suddenly. Whole PR
OOF
at press time; however, markets and tax information can change suddenly. Whole or partial reproduction of Let’s Talk Money® without the written permission of the PR
OOF
or partial reproduction of Let’s Talk Money® without the written permission of the publisher is forbidden.PR
OOF
publisher is forbidden.
©2020, LTM Client Marketing Specialists LLCPROO
F©2020, LTM Client Marketing Specialists LLCPR
OOF
was $203,000 in modifi ed adjusted gross income if you fi le a joint
PROO
Fwas $203,000 in modifi ed adjusted gross income if you fi le a joint tax return and lesser amounts for other fi lers. There is no income
PROO
Ftax return and lesser amounts for other fi lers. There is no income limit for rollovers from a traditional IRA, but you will pay income tax
PROO
Flimit for rollovers from a traditional IRA, but you will pay income tax on the rollover amount, so it may be best to do this in years when
PROO
Fon the rollover amount, so it may be best to do this in years when you have lower income.
PROO
Fyou have lower income.
One similarity between the two IRAs is that potential growth is
PROO
FOne similarity between the two IRAs is that potential growth is tax-deferred. Withdrawals from a Roth IRA become tax-free once
PROO
Ftax-deferred. Withdrawals from a Roth IRA become tax-free once you meet the holding requirements.
PROO
Fyou meet the holding requirements.
Why this Works
PROO
FWhy this Works
If you’re young and
PROO
FIf you’re young and unsure how much
PROO
Funsure how much money you’ll need in
PROO
Fmoney you’ll need in retirement, and
PROO
Fretirement, and especially if you believe
PROO
Fespecially if you believe income tax rates will
PROO
Fincome tax rates will be higher in the future,
PROO
Fbe higher in the future, a Roth IRA may be for
PROO
Fa Roth IRA may be for
Third, you can continue contributing to a Roth after age 70 ½ if you
PROO
FThird, you can continue contributing to a Roth after age 70 ½ if you have earned income. You can’t do that with a traditional IRA.
PROO
Fhave earned income. You can’t do that with a traditional IRA.
Pay taxes now or pay them later? Talk to your fi nancial professional
PROO
FPay taxes now or pay them later? Talk to your fi nancial professional to help you make that choice.
PROO
Fto help you make that choice.
If you don’t qualify for a tax-deferred traditional IRA because your income is too high or if you would rather not bet on federal
PROO
F
If you don’t qualify for a tax-deferred traditional IRA because your income is too high or if you would rather not bet on federal income taxes being low in the future, when distributions would be taxed, you might want to look at a Roth IRA to help with your
PROO
F
income taxes being low in the future, when distributions would be taxed, you might want to look at a Roth IRA to help with your
PROO
F
PROO
F
PROO
F
PROO
F
PROO
F
PROO
F
PROO
F
PROO
F
PROO
F
PROO
F
PROO
F
PROO
F
PROO
F
PROO
F
PROO
F
PROO
F
PROO
F
PROO
F
PROO
F
PROO
F
PROO
F
PROO
F
PROO
F
PROO
F
PROO
F
PROO
F
PROO
F
PROO
F
PROO
F
PROO
F
PROO
F
PROO
F
PROO
F
PROO
F
PROO
F
PROO
F
PROO
F
PROO
F
PROO
F
PROO
F
PROO
F
PROO
F
PROO
F
PROO
F
PROO
F
PROO
F
PROO
F
PROO
F
PROO
F
PROO
F
PROO
F
PROO
F
PROO
F
PROO
F
PROO
F
PROO
F
PROO
F
PROO
F
PROO
F
PROO
F
PROO
F
PROO
F
PROO
F
PROO
F
PROO
F
PROO
F
PROO
F
PROO
F
PROO
F
PROO
F
PROO
F
PROO
F
PROO
F
PROO
F
PROO
F
PROO
F
PROO
F
PROO
F
PROO
F
PROO
F
PROO
F
PROO
F
PROO
F
PROO
F
ADVERTISING REGULATION DEPARTMENT REVIEW LETTER
October 11, 2019
Reference: FR2019-1004-0084/E
Org Id: 20999
1. 2020 Lets Talk Money January/February RetirementRule: FIN 2210
The communication submitted appears consistent with applicable standards.
Reviewed by,
Wayne L. LouviereManager
jb
This year’s Advertising Regulation Conference will be held on October 24-25 in Washington, D.C. For more information and to register, please access the conference webpage at www.finra.org/2019adreg.
Please send any communications related to filing reviews to this Department through the Advertising Regulation Electronic Filing (AREF) system or by facsimile or hard copy mail service. We request that you do not send documents or other communications via email.