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Hutchinson Office: Telephone: 620-663-5032 Telephone: 866-944-0532

Hutchinson Office: Telephone: 620-663-5032 Telephone: 866-944-0532 Email: hhuffine@compassfr.us Grant Lane – Ameritime Advisor glane@compassfr.us. Salary Deferral. A 403(b) plan is a tax-advantaged retirement plan for educators.

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Hutchinson Office: Telephone: 620-663-5032 Telephone: 866-944-0532

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  1. Hutchinson Office: Telephone: 620-663-5032 Telephone: 866-944-0532 Email: hhuffine@compassfr.us Grant Lane – Ameritime Advisor glane@compassfr.us

  2. Salary Deferral A 403(b) plan is a tax-advantaged retirement plan for educators. There are two general types of 403(b) plans – tax sheltered annuities (TSAs) issued by an insurer, and custodial accounts, invested exclusively in mutual funds. 403(b) Basics

  3. 3 Sources of Retirement Income Variable Income Source KPERS Pension Social Security Direct Income Sources

  4. Inflation 2009 Mustang GT 1979 Mustang Cobra $28,900 Source: 4 2009 Mustang: Ford Motor Company 1-09 1979 Mustang: Muscularmustangs.com 1-09

  5. 92 Longevity: Prepare for a Long Life 50% chance one spouse will live to this age Couple Age 65 25% chance one spouse will live to this age Annuity 2000 Valuation Mortality Table.

  6. Age 62 Start: Age 47 $574/mo $200,000 403(b) Start: Age 37 $209/mo Start: Age 27 $87/mo Assumes 8% return to retirement

  7. 403(b) Traditional Plans

  8. 403(b) ESSDACK PLAN $263,400

  9. Roth 403(b) Advantages

  10. Asset Allocation Funds Lifestyle Funds • Fidelity Freedom 2015 • Fidelity Freedom 2020 • Fidelity Freedom 2025 • Fidelity Freedom 2030 • Fidelity Freedom 2035 • Fidelity Freedom 2040 • Conservative Asset Allocation • Balanced Asset Allocation • Moderate Growth Asset Allocation • Growth Asset Allocation

  11. Mutual Funds Fidelity Cash Reserves Money Market American Bond Fund of America Pimco Total Return Bond Fund American Hi Income Trust Fund American Balanced Fund American Funds Capital Income Bldr Fund Dodge & Cox Stock Fund Columbia Value & Restructuring Victory Diversified Stock Fidelity Spartan 500 Index Fund American Funds Growth Fund of America Janus Research Fund Templeton Mutual Qualified Fund Franklin Rising Dividend Fund Lazard Mid Cap Fund Delaware Small Cap Value Inst Royce Total Return Fund Vanguard Small Cap Growth Index Fund Templeton Mutual Discovery Fund American Funds Euro-Pacific Growth Fund First Eagle Overseas Fund Putnam International Cap Opp Fund T. Rowe Price Real Estate Fund Vanguard Healthcare Index Fund

  12. Check your account balance Move investments Change your Contributions Be able to access your account by a click Start today monitoring your 403(b) Account: • Go to www.yourfutureisdaily.com • Click “New to the System” • Enter your FULL Social Security Number as the User ID • Your Password is going to be the LAST FOUR DIGITS of your Social Security Number • Click “Begin” If you would like to have access to an automated voice system you can call 1-866-311-0303

  13. Sources • http://www.socialsecurity.gov/OACT/index.html • http://www.kpers.org/publications.htm • www.americanfunds.com • 1978 Mustang: Mustangforums.com 9-07 • 9-07Ford Motor Company 11-10-06 • www.taxfoundation.org • Annuity 2000 Valuation Mortality Table. (Sun Life Financial)

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