Nesteggs 401 K Savings Plan 2009

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Nesteggs 401 K Savings Plan 2009

  1. 1. NESTEGGS 401(k) Savings Plan Principal Guarantee and Low Cost 401(k) Retirement Plan 410 Park Avenue, Suite 1530 410 Park Avenue, Suite 1530 New York, NY 10022 New York, NY 10022 917.254.4333 917.254.4333
  2. 2. Table of Contents • Current 401k Plan Market • NestEggs 401k Plan • Fidelity Institutional FundsNetwork® • Enrollment and Outreach Enterprise Solution
  3. 3. Programs & Services Retirement Plans: Financial Planning: •403(b) Annuity and 457 Deferred Compensation Plans •Retirement Income Evaluator •Defined Benefit Pension Plan •Asset Allocation Modeling •Money Purchase Pension Plan •Investment Policy Statement •Profit Sharing Plan (Standard, Age Weighted and Cross-Tested) •Executive Financial Planning •401(k) Plan (Standard, Safe Harbor and Roth 401(k) Plans •Executive Compensation Planning •Simplified Employee Pension Plan (SEPP) •Asset Protection Planning •IRA (Regular, Rollover, Roth & Education •Business Succession Planning •Investment Planning •Estate Planning Benefit Programs: •Retirement Planning •Risk Management Planning •Employee Incentive or Bonus Plan •Section 125 Plan (Cafeteria Plan) Key Employee & Executive Benefit Plans: •Flexible Spending Account (FSA) •Benefits Evaluation •Directed Deferred Compensation Plan •Employee Handbooks •Standard Deferred Compensation Plan (nonqualified) •Benefit Communications/Enrollments •Supplemental Income Plan (SIP) •Health Savings Account (ESA) •Supplemental Executive Retirement Plan (SERP) •Health Reimbursement Account (HRA) •Rabbi Trust or Secular Trust •Health Insurance (Group and Individual) •Section 79 Executive Benefit Plan
  4. 4. Shifting Demographics & the Importance of the 401(k) Census forecasts show from 2009–2035 more and more baby–boomer workers will reach age 65. Number of American workers supporting Social Security continues to decline. In 1940 there were 41.9 workers to 1 retiree In 1998 there were 3.4 workers to 1 retiree In 2030 they expect only 2.1 workers to 1 retiree* In 1980, 46% of American workers depended on a pension. Today, fewer than 17% of American workers have a pension. In1983, 13.9% of America companies replaced the pension plan with the 401k By 2004 that number has steadily climbed to 62.7%**. *Source: 2002 Annual Report of the Board of Trustees of the Federal Old Age and Survivors Insurance and Disability Insurance Trust Funds Tables IV.B2 and V.A4. **Source: Center for Retirement Research at Boston College, March 2006.
  5. 5. Participants Need Guarantees With Their Retirement Account Plan participants want safety and guarantees for their retirement nest egg. Second time in decade retirement assets drained from market decline (2001- 02 & now 2007- 08) The 2000 Tech bubble took 7 years and 2 months (March 2000-May 2007) for the S&P 500 Index to fully recover.* Plan participants want a way to remove uncertainty about retirement and make decisions about retirement without vulnerability to market cycles. *Source: Yahoo Finance. Data as of March 31, 2008.
  6. 6. Introducing Guaranteed Income for Life Traditional asset allocation models are not enough to ensure a retirement nest egg will survive market volatility and provide consistent income through retirement.* NestEggs 401(k) plan includes Fixed Index Annuity that guarantees participants: I. Downside protection II. Upside potential III. Income for life * MFC Global Investment Management (a subsidiary of Manulife Financial), Strategic Asset Allocation team, 2007.
  7. 7. Retirement Planning - We Manage Both Sides of the Curve Retirement Longevity Management Income to Sustain Asset Quality of Life Protection Life Insurance Asset Gathering Annuities Transfer Managed Accounts Mutual Funds, ETFs Accumulation Income Distribution IRA and Protection and Preservation 401(k) , Profit Sharing, Thrift & Savings, Group Keogh, DC Pension, Section 457, 403(b) Plans 529 College Savings Plan 35 45 55 62 65 67 75 85 95 Age of Consumer
  8. 8. ADDING GUARANTEES TO THE MIX 1. 401(k)’s have become 201(k)’s 2. Baby boomers may not be able to retire; retirees worry about drawing down 3. Target-date strategies are important but do not offer guarantees 4. Asset Management and Fixed Index Annuity (FIA) creates a perfect union for retirement savings. Asset allocation provides diversification and risk control Insurance covers market risk, longevity, potential growth, guaranteed life-time income
  9. 9. NestEggs 401(k) Plan Fidelity Institutional FundsNetwork®, Allianz Fixed Index Annuity Fidelity Self-Directed Brokerage FINEXMD MANAGES ALL THREE SIDES OF THIS HYBRID PLAN
  10. 10. Fidelity Institutional FundsNetwork®, Allianz Fixed Index Annuity Institutional FundsNetwork® Fixed Index Annuity Fixed index annuity comes with a Institutional FundsNetwork© can help premium bonus. Principal and Bonus streamline the management of complex are never subject to market index risk. retirement plans involving multiple fund A downturn in the market index will not families, helping organizations to level the reduce contract values. When the playing field with larger bundled plans. Over market is up, the value of the annuity 400 fund families and 12,000 mutual funds can also increase that’s because at year-end you get 100% participation in potential index credits.
  11. 11. NESTEGGS 401(k) BENEFITS 5% BONUS on all pre-tax contributions and on other retirement plan assets, e.g. SEP, Current and Former 401(k), IRA Guaranteed principal protection with full participation in the S&P 500 Index Custom designed income plans for each participant Low monthly RIA fee of 4BPs (0.48BPs annual) No transaction fee Mutual Funds with Low Investment Expenses Private labeled on-line enrollment tools, risk tolerance, retirement income needs analytics, education and outreach programs Fidelity’s secure web-site - Daily valuation posting of positions and transactions with quarterly hard copy statements
  12. 12. Retirement Planning - We Manage Both Sides of the Curve Cumulative Savings Longevity Management Income to Sustain Asset Quality of Life Protection Life Insurance Asset Gathering Annuities Transfer Managed Accounts Mutual Funds, ETFs Accumulation Income Distribution IRA and Protection and Preservation 401(k) , Profit Sharing, Thrift & Savings, Group Keogh, DC Pension, Section 457, 403(b) Plans 529 College Savings Plan 35 45 55 62 65 67 75 85 95 Age of Consumer
  13. 13. FIA Laddering Investment Earnings Income for Life Annuity Contract #5 Savings $ Annuity Contract #4 Annuity Contract #3 Earnings Annuity Contract #2 Annuity Contract #1 Years 1-5 Years 6-10 Years 11-15 Years 16-20 Years 21-25 Time Chart for illustrative Purposes Only
  14. 14. Why Use the Ladder Strategy? Use Laddering to Minimize Interest Rate Risk Create Steady, Predictable, Guaranteed Income Manage Cash Flow for Life Strategic Savings Accumulation Fund for Life or Long Term Care Insurance
  15. 15. CONTACT INFORMATION Barry M. Fine FinexMD, LLC 410 Park Avenue, Suite1530 New York, NY 10022 917.254.4333 bfine@finexmd.com www.FinexMD.com

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