Dear Friends & Family,

Happy New Year!

To start things off right and manage your family’s financial health, here are some things to consider and discuss with us at any time:

• IRA contributions annually
• Roth conversion possibilities
• Balance sheet review: assets and liabilities
• Next generation wealth management
• IRA beneficiaries
• Children’s savings
• Grandchildren’s savings (with duplicate statements to parents)
• College funding counseling—for parents and their teens
• Estate plan review
• 401(k) review with existing employer
• Use of a regular brokerage account as a savings account. Simplify and improve yields on cash.
• Self-employed 401(k), SEP IRA—for spouse too, if needed
• Charitable giving—donor-advised funds
• Life insurance—and other insurance needs (e.g., disability if self-employed)
• Fidelity services update
• Monthly electronic savings into regular or IRA account
• Electronic statements and/or Householding of statements
• Checkbook, or online tools, for cash transfers
• Level II authorization—for transferring cash between your accounts
• Review tax considerations
• Pay off credit cards and check your credit reports annually

Our Roth IRA seminars have been very popular. Please join us and learn more about the 2010 rule change. This tax law change makes converting some portion of IRAs and other retirement accounts to Roth IRAs an appropriate option for almost everyone. This can be a powerful estate, tax, and savings opportunity. You are welcome to bring friends or neighbors to this seminar. They will appreciate the education on this topic.

Sincerely,

Katz Family Financial