As we approach year end, many people should review a number of strategies and components of their financial plan:

1. Company Benefits: Now is the time when companies ask their employees to review benefits. Some benefits, like health insurance, are vital. Others, like accident insurance, may be a waste of money. If you receive disabilty insurance, find out if they can pay for it with "after tax" dollars. This will make your benefit tax free. It's also a time to review your 401k sub accounts as well as your contribution limits. I strongly recommend you call our office to arrange a time to review these varoius options.

2. Retirement Planning: If you're retirement plan hasn't been updated in the last two years, it's worthless. Time to review where you are and where you're headed.

3. Life Insurance: The economic recession has had a major impact on many insurance policies. Make sure you understand how this may affect you.

4. Tax Planning: From IRA contributions, Roth converstions, charitable giving, and next year's required minimum distributions, there exist a number of strategies that may reduce your 2009 tax bill.

5. Investment Strategy: Volatility must be met with rebalancing. Make sure your portfolio is poperly allocated in the right asset classes.

6. Long Term Care Insurance: If your over 50 and don't have it, you probably need it.

Don't put things important items off. Call us to discuss them. 800-353-7823