1 | October 29, 2013 Presentation by: Steve Scott Managing Partner Retirement Solution Group, LLC To the Participants of RSG 401(k) Update Deficit Issues, Government Shutdowns, Confusion on Healthcare and Taxes… So of course the market is up! “Securities offered through Ausdal Financial Partners, Inc, 220 North Main Street, Davenport, IA, 52801, 563.326.2064, member FINRA, SIPC. Advisory services provided by Ausdal Financial Partners. Retirement Solutions Group and Ausdal Financial Partners, Inc are separately owned and operated companies.”
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Transcript
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October 29, 2013
Presentation by:
Steve Scott Managing PartnerRetirement Solution Group, LLC
To the Participants of RSG401(k) Update
Deficit Issues, Government Shutdowns, Confusion on Healthcare and Taxes…
So of course the market is up!
“Securities offered through Ausdal Financial Partners, Inc, 220 North Main Street, Davenport, IA, 52801, 563.326.2064, member FINRA, SIPC. Advisory services provided by Ausdal Financial Partners. Retirement Solutions Group and Ausdal Financial Partners, Inc are separately owned and operated companies.”
STOCKS: YTD & 3 Year returns, Source – Morningstar.com (as of 10/23/13)� Broad US Stocks 25.6 % & 16.8 %� International Developed Countries, (EAFE) 20.63 % & 8.4 %� International Emerging Markets, (EM) 0.63% & - 2.06 % & - 2.21 %
BONDS: YTD� Core Bond, -0.76 % & 3.22%
TIPS, YTD -5.86% & 3.43%
Economic Reality� Unemployment as of Q1 2013%
• 7.3% August 2013• Slight drop since last meeting
� Q2 2013 GDP growth = +2.5 %
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Reminders for 2013
■ Deferral Limits: � $17,500 for 2013� $5,500 in catch-up contribution for participants 50 or older (Plan dependent)� 2014 rates should be available by mid-November
Best Practices:
1. Save more! � The 1% per year 401(k) raise rule.� Understand Roth vs. Pre-tax
■ Market Update� Strong Results, but Highly Concentrated
■ Understanding Asset Allocation Funds� Not All the Same
■ Looking Ahead� Managing with Uncertainty
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So What?
Key Take-Aways:
■ 2013 limits are $17,500 ($23,000 with catch-up provision for those over 50)
■ 2014 limits coming soon
■ What do you own and what is the strategy?
Next Steps:
■ Save more – 12% target (Source: DOL)
■ Be more engaged
■ But not too engaged…
Where are you on Emotion Curve?
Retirement Solution Group
“Investments involve risks and potential loss of principal and are not FDIC insured investments.
Investments and investments in 401k plans are not guaranteed by the federal government or the FDIC, they involve risk including but not limited to loss of principal. Opinions expressed are those of Steve Scott and do not represent the opinions of Ausdal Financial Partners, or Retirement Solution Group, LLC. They are opinion only and should be not considered as stand alone advice.”