winter2010

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Welcome 2010 ALPFA Seattle’s News and Events Gateway

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I N T H I S I S S U E :

ALPFA Seattle: Setting

the Latino Professional

in the Northwest

Sponsor Spotlight:

Prudential

Career listings:

Prudential

Road to Success Event

Career listings:

Microsoft

Recruiting Members

Upcoming Events

ALPFA Gala

events, www.seattlealpfa.org, I look forward to seeing you in the year ahead, and getting to know you better throughout this year. Sinceramente, Yaneth González President [email protected]

¡Feliz Año Nuevo!, I am excited to lead ALPFA Seattle into a new and exciting 2010! I would like to introduce myself as the incoming President, along with a phenomenal Board of Directors, it is our honor to continue to serve you all as our members. Let us embark on a new year in hopes of great accomplishments, prosperous opportunities, and the accompaniment of our friends and family. Our chapter has gone through several changes over the last year, which included recruiting new, diverse, and passionate Board members; strategizing and accountability; improving the structure of how "we", the Board, conduct business; and developing and re-enforcing relationships with new and existing corporate partners as well as launching the ALPFA Cares program. Although change brings along unique challenges, the Board is confident that with the support and involvement of our members, ALPFA Seattle can accomplish anything through strong leadership, teamwork, dedication, and passion. 2010 will bring a calendar of programs geared towards leadership, mentoring, networking, professional development, and community service. We reach out to you, our members, and ask that you get involved, join a committee, and make a difference. ALPFA Seattle is not just an organization, it is familia, and in effort to better the chapter we ask for your honest and constructive feedback, as we are determined improve our programs, initiatives, and events that will benefit both our members and our corporate partners. Please stay tuned as we announce upcoming

ALPFA Seattle: Setting The Latino

Professional Standard in the Northwest

Welcome 2010 ALPFA Seattle’s News and Events Gateway

W I N T E R 2 0 1 0 V O L U M E 4 , N 1

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Welcome 2010 ALPFA Seattle’s News and Events Gateway

W I N T E R 2 0 1 0 V O L U M E 4 , N 1

I N T H I S I S S U E :

ALPFA Seattle: Setting

the Latino Professional

in the Northwest

Sponsor Spotlight:

Prudential

Career listings:

Prudential

Road to Success Event

Career listings:

Microsoft

Recruiting Members

Upcoming Events

ALPFA Gala

NOW MAY BE THE TIME TO CONVERT YOUR TRADITIONAL IRA TO A ROTH

If you’ve been unable to convert your traditional IRA to a Roth IRA because of income limits, 2010 may be the year you’ve been waiting for. In 2010, individuals with a modified adjusted gross income of more than $100,000 will now be allowed to convert a traditional IRA to a Roth IRA. Plus, for 2010 conversions only, the income taxes due on the conversion can be spread over two years. While a qualified tax professional can help you determine whether a Roth conversion is right for you, there are several distinct advantages to a Roth that you should consider. 1. Tax-Free Growth -- A Roth IRA offers the ability to grow assets income tax-free. The

full value of the Roth IRA can compound tax-free over an extended period of time, which may yield a greater future value than that of a traditional IRA.

2. No Minimum Distributions -- Roth IRAs do not have required minimum

distributions beginning at age 70 ½, unlike other IRAs. For those who do not need to tap into Roth IRA funds for their living expenses, this means that funds in their Roth IRA can grow uninterrupted during their lifetime.

3. Access to Funds -- Any distributions of earnings are tax-free and penalty-free after

five years and age 59 ½. Earnings taken prior to the end of the five-year period and the attainment of age 59 ½ are subject to ordinary income tax and a 10 percent penalty. Distributions of converted funds within 5 years of the conversion date are also subject to the 10 percent penalty if prior to age 59 ½, even though the amounts were taxed at the time of conversion.

4. Contributing After 70 ½ -- An individual may make contributions after age 70 ½ (if

there is eligible earned income). Traditional IRA contributions cannot be made after age 70 ½.

5. Legacy Building – Since Roth IRAs do not have a minimum distribution requirement

during the owner’s lifetime, the funds can remain in the account for the benefit of your heirs.

Sponsor Spotlight-Prudential

Welcome 2010 ALPFA Seattle’s News and Events Gateway

W I N T E R 2 0 1 0 V O L U M E 4 , N 1

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Welcome 2010 ALPFA Seattle’s News and Events Gateway

W I N T E R 2 0 1 0 V O L U M E 4 , N 1

I N T H I S I S S U E :

ALPFA Seattle: Setting

the Latino Professional

in the Northwest

Sponsor Spotlight:

Prudential

Career listings:

Prudential

Road to Success Event

Career listings:

Microsoft

Recruiting Members

Upcoming Events

ALPFA Gala

6. Income Tax Free Distributions – After five years from the date of the conversion (or five tax years from the opening of a Roth IRA, if earlier), distributions are income tax free if the owner has reached age 59 ½, died, become disabled, or is a first time homebuyer ($10,000 lifetime limit). Distributions do not come into play in determining the amount of social security benefits that are subject to taxation.

7. Not All or Nothing- The decision is yours. You can choose to convert all or a portion

of your account, if you qualify. You can also convert smaller amounts each year so that the tax hit is taken over a number of years.

The new rules for traditional IRA conversions also apply to 401(k) plan conversions. It may be an ideal time to simply roll over a 401(k) plan from a former employer directly to a Roth IRA, regardless of your modified adjusted gross income. Roth IRAs are a key component of retirement planning, so don’t let this opportunity pass without giving it a great deal of consideration. The Prudential Insurance Company of America and its licensed financial professionals do not render tax or legal advice. Please consult with your tax and legal advisors regarding your personal circumstances.

0170695-00001-00, Ed 01/2010 Exp 07/25/2011

Provided courtesy of Prudential in Newark, NJ. For more information, contact Kelly Enstrom, a Financial Services Associate with The Prudential Insurance Company of America's Pacific Northwest Agency located in Bellevue, WA. Kelly Enstrom's office is located in Bellevue, WA. She can be reached at [email protected] and (425)641-6148.

Sponsor Spotlight-Prudential

Welcome 2010 ALPFA Seattle’s News and Events Gateway

W I N T E R 2 0 1 0 V O L U M E 4 , N 1

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Welcome 2010 ALPFA Seattle’s News and Events Gateway

W I N T E R 2 0 1 0 V O L U M E 4 , N 1

I N T H I S I S S U E :

ALPFA Seattle: Setting

the Latino Professional

in the Northwest

Sponsor Spotlight:

Prudential

Career listings:

Prudential

Road to Success Event

Career listings:

Microsoft

Recruiting Members

Upcoming Events

ALPFA Gala

FSA Job Summary Position Summary The Financial Service Associate (FSA) position is a sales position with The Prudential Insurance Company of America selling insurance and financial services. FSAs participate in a comprehensive development program, developing product knowledge, and selling experience while offering appropriate insurance and investment products to help clients meet their financial goals. After the training and development program, many will continue to be financial services generalists, assisting clients with a range of insurance and investment needs; others will go on to develop a specialty, such as fee-based financial planning, insurance for business needs, or estate planning needs. Overall Duties and Responsibilities · Sell new insurance and investment products · Solicit new customers through approved techniques and methods · Conserve existing insurance and investments products · Service the insurance and investment needs of all owners of policies issued or offered by Prudential Financial companies. Essential Job Functions It is important that Financial Service Associates be capable of mastering the complexities of the job, continually learning new products, information, and approaches. As our representative, the FSA must have a full understanding of all our products and be able to recommend to customers the appropriate solutions that are in the best interest of the customer.

Prudential Career Opportunity

Welcome 2010 ALPFA Seattle’s News and Events Gateway

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The end result of the FSA’s work is to develop long-term relationships between us and the policyholder that will impact the personal welfare of many people.

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Welcome 2010 ALPFA Seattle’s News and Events Gateway

W I N T E R 2 0 1 0 V O L U M E 4 , N 1

I N T H I S I S S U E :

ALPFA Seattle: Setting

the Latino Professional

in the Northwest

Sponsor Spotlight:

Prudential

Career listings:

Prudential

Road to Success Event

Career listings:

Microsoft

Recruiting Members

Upcoming Events

ALPFA Gala

The ALPFA Road to Success, hosted by The Prudential Insurance Company of America, kicked off in March 2010 – stopping at 6 cities across the nation. ALPFA CEO, Manny Espinoza joined Prudential leadership in six key cities to share with ALPFA members the positive outlook within the financial industry and the many opportunities available. Prudential hosted the Seattle ALPFA chapter event on Wednesday, March 31st at the historic Edgewater Hotel. The event was attended by 30+ ALPFA members and Prudential professionals. The event including a networking reception and then a program with speakers representing both Prudential and ALPFA leadership. Gale Britton (Vice President Recruiting & Selection, Prudential) kicked off the presentation by providing a few highlights of Prudential’s history. Prudential HQ was established 130 yrs ago in Newark, NJ and has since grown to $660 billion in assets managed. Prudential “the Rock” is working to be well positioned for when the “minorities become the majority” by diversifying its workforce with more Latinos and Women. Gayle was one of the 1st members of the Women of ALPFA Corporate Advisory Board which she helped found. She spoke about the drive to reinvigorate the Prudential-ALPFA relationship, and how the “Road to Success” idea was generate by talks with Manny Espinoza. Manny Espinoza (CEO of ALPFA) started off by highlighting the growth of the ALPFA familia during the past 10 years that he has been CEO, from 295 members to 14,000 members; during which ALPFA corporate sponsorship has grown from $100,000, to $6.5M. ALPFA’s engagement with the financial service industry has also increased from 2 sponsors (Prudential was one of the 1st) to 17 financial services corporate sponsors in 2010. Prudential is now the 6th top corporate sponsor with ALPFA members. At each event across the country, attendees also had the opportunity to hear how to:

use the financial industry as a vehicle to potential success.

take control of theirs career within an industry that has weathered the current economy because it offers products and services that people need.

travel this new road with someone who commits to diversity as a daily priority by learning new skills that will keep them in the driver’s seat and help accelerate their own career.

The Seattle ALPFA Board of Directors would like to thank Prudential for its continued support of ALPFA both at a national and local level. Thanks to all who attended and helped to this a successful event.

Contributed by: Roseana Fernandez

Prudential Road to Success

Welcome 2010 ALPFA Seattle’s News and Events Gateway

W I N T E R 2 0 1 0 V O L U M E 4 , N 1

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Welcome 2010 ALPFA Seattle’s News and Events Gateway

W I N T E R 2 0 1 0 V O L U M E 4 , N 1

I N T H I S I S S U E :

ALPFA Seattle: Setting

the Latino Professional

in the Northwest

Sponsor Spotlight:

Prudential

Career listings:

Prudential

Road to Success Event

Career listings:

Microsoft

Recruiting Members

Upcoming Events

ALPFA Gala

Microsoft Finance Hot Jobs For more information contact [email protected] Microsoft Career website: Link Accounting Mgr, Corporate Controller – req# 709035 Controller – Health Solutions Group – req# - 716181 Finance Director – Xbox Live – req# 703810 Finance Mgr, IT Infrastructure- req# 711441 Sr Finance Mgr – Online Services – req #713323 Sr Finance Mgr – Microsoft Office – req# 707943

Microsoft Career Opportunities

Welcome 2010 ALPFA Seattle’s News and Events Gateway

W I N T E R 2 0 1 0 V O L U M E 4 , N 1

S U M M E R 2 0 0 7

Welcome 2010 ALPFA Seattle’s News and Events Gateway

W I N T E R 2 0 1 0 V O L U M E 4 , N 1

I N T H I S I S S U E :

ALPFA Seattle: Setting

the Latino Professional

in the Northwest

Sponsor Spotlight:

Prudential

Career listings:

Prudential

Road to Success Event

Career listings:

Microsoft

Recruiting Members

Upcoming Events

ALPFA Gala

Are you interested in being a leader in the community? Do you want to develop the following skills, leadership, presentation, communication, and networking skills? We are seeking individuals that have an interest in working closely with the ALPFA Seattle board to promote our mission. 'To create opportunities, add value, build relationships for our members, the community and business partners, while expanding Latino Leadership in the global workforce.' Responsibilities include; o Managing and leading a committee o Participating in implementing committee and chapter goals o Assisting with signature and key events o Representing and marketing ALPFA at key events and media We welcome you to join any of our committees. You will have the opportunity to develop your team, improve your leadership skills and to be part of one of Seattle's premier professional association. If you are interested, please e-mail [email protected].

We are currently recruiting members to join the following committees:

The Event Planning Committee The Event Planning Committee is responsible for the overall planning and execution of professional development, CE workshops, and marquee events, including the Women of ALPFA program within the Seattle Chapter. They collaborate closely with the other chapter committees to ensure members attend value-added events and programs throughout the year. Email: [email protected]

The Membership Committee The Membership Committee functions in a team environment creating and implementing strategies to increase and retain talented and qualified members. As a team member, you would help to attract new members by supporting

membership initiatives such as referral programs and membership drives. Email: [email protected]

The Public Relations Committee The Public Relations Committee is responsible for the development and nurturing of relationships both internally and externally in the surrounding Seattle community. As a team member, you would contributing to the quarterly newsletter and fostering new relationships with professional organizations in the area. Email:[email protected]

ALPFA Seattle: Setting The Latino

Professional Standard in the Northwest

Welcome 2010 ALPFA Seattle’s News and Events Gateway

W I N T E R 2 0 1 0 V O L U M E 4 , N 1

S U M M E R 2 0 0 7

Welcome 2010 ALPFA Seattle’s News and Events Gateway

W I N T E R 2 0 1 0 V O L U M E 4 , N 1

I N T H I S I S S U E :

ALPFA Seattle: Setting

the Latino Professional

in the Northwest

Sponsor Spotlight:

Prudential

Career listings:

Prudential

Road to Success Event

Career listings:

Microsoft

Recruiting Members

Upcoming Events

ALPFA Gala

Upcoming Events

Welcome 2010 ALPFA Seattle’s News and Events Gateway

W I N T E R 2 0 1 0 V O L U M E 4 , N 1

S U M M E R 2 0 0 7

Welcome 2010 ALPFA Seattle’s News and Events Gateway

W I N T E R 2 0 1 0 V O L U M E 4 , N 1

I N T H I S I S S U E :

ALPFA Seattle: Setting

the Latino Professional

in the Northwest

Sponsor Spotlight:

Prudential

Career listings:

Prudential

Road to Success Event

Career listings:

Microsoft

Recruiting Members

Upcoming Events

ALPFA Gala

2010 ALPFA SEATTLE Gala RSVP Today

ADVANCED PURCHASE

Register by April 20th and receive a 20% savings on the ticket price (prices below will increase after 4/20)

& a carnival mask for our Brazilian themed event

Professional Member - Registered ALPFA Member - $60.00* Student Member - Registered ALPFA Member - $45.00*

Professional Non-Member - $75.00* Student Non-Member - $50.00*

*Those attending Gala event will receive complimentary admission to the 5th Anniversary

Celebration following main program Gala Awards Nominations

Do you know an outstanding professional and student member of ALPFA who exemplifies the mission?

ALPFA creates opportunities, adds value, builds relationships for its members, the community and its business partners while expanding Latino leadership in the global workforce.

-Please nominate a member today-

Welcome 2010 ALPFA Seattle’s News and Events Gateway

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