Rick Alford

Rick Alford, CRP, President
5700 Granite Parkway Suite 200, Plano, TX 75024
Office 972-731-2539 | Cell 214-762-1905 
April 2017

Stop Throwing Away Your Retirement 
Call and schedule a free Retirement Analysis and see how much
you could be keeping, instead of throwing away. Call now (972) 731-2539
Unintended consequences of delaying IRA distributions

Since every situation is different, this analysis is a bit tricky, but there are a few issues and planning concepts to think about. Remember to consult with knowledgeable tax and legal professionals who can help identify and implement appropriate strategies for your unique situation. Changes in tax law, the impact of inflation, health care costs, and risks of underlying funding vehicles may have a significant impact on the long-term value of an IRA.
A note from the Accounting Sleuth:
What has this got 
to do with  the
Price of Cheese?
Lower consumption of cheese in 2016 caused inventories to increase. Producers responded by cutting prices. This action had the desired result. Consumers, enticed by lower prices, bought more cheese and inventories fell back to normalized levels. In fact, the increased demand for cheese at lower prices caused milk prices to go up. This dynamic interaction between supply and demand for cheese and milk all took place in an orderly fashion without interference from the "Federal Cheese Reserve."
What Experts Say About "Fees"

Are obscure costs and fees eating up your retirement investments?

Does a 1% management fee sound reasonable to you?

Take a look at what experts have to say about  "Fees" :

James Dahle, author of The White Coat Investor: "Costs matter and they matter a lot: If two investors make the same 8% per year before expenses on a lump sum investment and the first is paying 2% per year in investment expenses and the second is paying 0.1% per year, then after thirty years the second investor will have 70% more money than the first."

Bear & Gensler, co-authors of The Great Mutual Fund Trap:  "Many of the costs of investing are practically invisible-you never have to write a check to anyone for fees or commissions."

Jack Bogle: "You get to keep exactly what you pay for."

In This Issue
Protection for Fixed Annuities
I'm thinking about buying a fixed annuity, but I'm worried that the company might go under at some point and I'll lose my investment. What protections do I have? - J.S., Portland, Ore.
Don't worry. Only a handful of small insurers that sell annuities have gone broke in recent years, and all companies licensed to sell annuities in a state must be members of the state's guaranty association, which protects consumers in case the insurer becomes insolvent. If an insurer starts to have financial trouble, the insurance regulator in its home state works with the guaranty association to find another company to take over its business. The transition can be seamless if the regulator steps in early.
If regulators can't find another insurer, the guaranty association coverage kicks in. All states cover at least $250,000 in annuity benefits, and 12 states and the District of Columbia have limits of $300,000 or more. You should split your annuity investments between two or more insurers if that will keep you below the limits. (For state links, go to www.nolhga.com .) For extra protection, look for a company with a financial strength rating of B+ or higher from A.M. Best. You can search insurers at www.ambest.com/consumers .
January 5, 2016 by Kimberly Lankford, From Kiplinger's Personal Finance.
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Class Schedule:
Available in McKinney-
April 20th at  John & Judy Gay Library
Thursday evening  at 6:30 pm
Available in Plano-
April 25th at  Davis Library
Tuesday evening at 6:30 pm

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