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Ann Fagelson Government Seminars, Inc
MONTHLY NEWSLETTER
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Greetings!
Welcome
to the Ann Fagelson Government Seminars
We
have over 25 years experience presenting
planning programs exclusively for the
Federal government.
In
addition to our popular seminars, we
are Offering a "free"
monthly internet Newsletter for all
Federal employees, who wish to
enroll for this informative Information.
The
Newsletter will address questions raised
by students who have attended our classes.
We pride ourselves on cutting through
the bureaucratic language, and
translating it into understandable English.
ANN
Ann
Fagelson Government Seminars, Inc.
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I.
The L Fund
The
TSP offers a fund called The L Fund.
The L stands for "Lifecycle".
This is a very significant addition.
In 2004, Jane Bryant Quinn, Newsweek's
Financial Editor, wrote "My top advice:
If your retirement plan offers a "Lifecycle"
fund, put all of your savings into it."
We strongly urge our readers to consider
this alternative. The fund allocates
your retirement investments among the
other five funds, based on your age, retirement
date and goals. It is merely an arithmetic
tool that will devise the best investment
formula for each investor.
With the stock market being un-predictable
over the short haul, Wall Street has
been scrambling to come up with a product
they can sell to gun shy investors.
One such concept is the Lifecycle fund.
The Lifecycle fund is an an extremely
diversified package, designed to be
the single fund in an investor's
portfolio.
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Solves Problems
Lifecycle
funds solve a lot of problems faced
by TSP participants. A large majority
of investors have neither the time,
the inclination nor the expertise to
plan for their retirement, and this
is a turnkey kind of investment for
them. The funds, not only provide
professional diversification, but also
regularly rebalance the allocation.
This rebalancing is something most TSP
participants don't do.
Wise
investors tune their portfolio to be
more conservative (meaning that the
percentage of bonds rises while that
of stocks falls) as they grow older.
Lifecycle funds make those changes for
you, as well as providing well-diversified
portfolios. Thus, Lifecycle funds
are the ultimate in simplicity.
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III. Overall
"Overall,
employers, looking to help employees
make more informed investment allocations,
may be able to do so more efficiently
by offering Lifecycle funds", said
Dallas Salisbury, President and Chief
Executive of the Employee Benefit Research
Institute. People, who participate
in the TSP, often don't change their
asset allocations once they sign up
because they just don't know what
to do. Lifecycle funds put the
decision on how to allocate your contributions
in the hands of professionals.
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IV. Lifecycle
Investing
Lifecycle investing
could be the new fashion. Also
called "targeted investing",
it is a style of investment where investors'
savings are moved automatically out
of riskier assets, such as the C Fund,
into lower risk funds, such as a the
G Fund, as their retirement date approaches.
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V. Five
L Funds
There
are five L Funds. The Now Fund
is very conservative and is designed
for people who are currently living
on the proceeds in the TSP. The
others are the 2010, 2020, 2030 and
2040 Funds. These are for people
with longer time horizons. We
believe you can find an L Fund that
will be in line with your investment
goals and ability to assume risk.
We suggest that you seriously consider
this "tool". It will
take a lot of the anxiety out of planning.
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Next
Month: Long
Term Care Insurance
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About
our Speakers
Benefits
Lloyd
Watnik
has
a 39-year background with the Federal
government, specifically in Social
Security and Federal civilian pensions.
This combination is rare for most
trainers, and it is extremely beneficial
for most of our students.
He
fully understands the Windfall Elimination,
The Government Pension Offset for
CSRS employees, and the Special Retirement
Supplement (SRS) for FERS employees.
He clearly informs you about what
you might expect to receive from Social
Security in retirement, dispensing
the myths you hear about the system.
His unique style of presenting the
program should not be missed. He has
a caring and entertaining manner,
which makes our programs very special
for all attending.
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Early! |
No Selling
We
have been told that other seminars companies
and Federal Newsletters do point out "the
good deals". We choose not to
for several reasons. The most important
reason is that our background and resources
are in Federal retirement benefits. We are
not life insurance, health insurance or
mutual fund representatives, and we refuse
to take referral fees of any kind.
We, too, have noticed what appear to be
recommendations in Federal e-mail and hard
copy publications on all of these issues.
In many cases, they even give you an application
or an 800 number in the publication or website.
We have been told that fees are paid and,
in fact, the article was written by the
offering party. BE CAREFUL!!
Do your homework.
If
you have taken a Pre-Retirement course through
Ann Fagelson Government Seminars, Inc., we
allow free follow-up questions, which may
have gone un-answered during the class, for
up to 30-days following the conclusion of
the course.
Only for Students
This offer is only for those who
have attended our classes, not for relatives,
friends or colleagues. Student must have
current book in front of them when calling.
Thank's for your interest in our
Newsletter and our programs. Please
spread the word about our company and have
your friends join the mailing list through
our website for their "free" subscription.
Register Early and
Avoid Cancellations
Ann Fagelson Government Seminars, Inc.
PO Box 19863
San Diego, CA 92159-0863
(619) 697-1334
(619) 469-8665 fax
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Questions?
We do not accept phone calls
nor e-mails regarding specific information generated
from this free Newsletter. Details of all topics
raised in our articles are fully discussed within
our retirement planning seminars. For complete
details about our programs and registration
information, please click on www.governmentseminars.com.
| Open
Classes 2008
CSRS (3-Days)
June
17-19
San Diego
August
12-14
Reno
September
9-11
San Diego
November 11-13
San Diego
FERS (2-Days)
FERS (3-Days)
September 16-18
San Diego
December 2-4
Las Vegas
FERS Law Enforcement/FireFighter
(3-Days)
February
12-14
San Diego (Available for on-site
classes)
Our 2009 Schedule will
be out in 1 month.
CSRS
& FERS Law Enforcement/FireFighter
(4-Days)
March 10-13
Reno (Available for on-site
classes)
Our 2009 Schedule will
be out in 1 month.
CSRS
& FERS (4-Days)
May 12-15
Gaithersburg, MD (Closed)
July 21-24
Portland, OR (Still
have space)
August 18-21
Gaithersburg, MD (Still
have space)
Thrift
Savings Plan and Social
Security (1-Day)
September
4
San Diego
COSTS:
1-Day
Classes $250 per
employee
2-Day
Classes $375 per
employee
3-Day
Classes $495 per
employee
4-Day
Classes $650 per
employee
Over 30 employees?
Ask
about our group
discounts for agency
sponsored programs
for 30 or more employees
at the agency's
site.
Contact us:
(619) 697-1334
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