What Tax-Advantaged Alternatives Do You Have?

There are a number of very secure financial instruments that will enable you to defer or eliminate income taxes. By shifting part of your cash reserves to some of these instruments, you can keep more of your money working for you.

One possibility you may want to consider is a fixed-annuity contract. Fixed annuities are a unique alternative that can help you meet the challenges of tax planning, retirement planning, and investment planning. Fixed-annuity contracts accumulate interest at a competitive rate. And the interest on an annuity contract is usually not taxable until it is withdrawn. Most annuities have surrender charges. These charges are assessed in the early years of the policy if the policy owner surrenders the annuity before the insurance company has had the opportunity to recover the cost of issuing the policy. Also, withdrawals made from an annuity prior to age 591/2may be subject to a 10 percent penalty. Please speak with our Investment Representative to determine whether this investment would be appropriate fo your individual needs.

Ron Thompson, Investment Representative registered through CUSO Financial Services, L.P. (CFS) would love the opportunity to speak with you about your financial plans and investment options.  Give him a call today to set up an appointment at  586.445.3651.

Investment products and services offered through CUSO Financial Services, L.P. (CFS), are not NCUA/NCUSIF insured, are not credit union guaranteed and may lose value. Investment representatives are employees of Christian Financial Credit Union and are registered through CFS. Christian Financial Credit Union is affiliated with CFS (member FINRA/SIPC)

© 2006 Emerald Publications