LibertyStreet Financial Group

5962 La Place Court

Carlsbad, CA  92008

(800) 656-4045

tgarcia@libertystreetfg.com

Company Website

The underfunding of pension plans is one of the most serious problems facing union members today. Already there have been huge reductions in the pension pay-outs to retirees in the Airline, Steel and Auto industries. While the little known federal agency, the PBGC (which insures these plans similar to the FDIC) is not so worried over the next few years, it predicts drastic problems further down the line.

 

 

Annuity Rollovers Overview

contact Jesse Alcala 800 741-2049 ext 102

In financial parlance, a rollover has two common meanings, one general and the other specific. It can refer to the reinvestment of funds upon the maturity of an asset, such as a CD or a bond. More specifically, it can refer to reinvestment of funds that have been removed from a qualified plan, such as a 401(k). Using either definition, one possible destination for the rolled-over funds is an annuity, a contract in which individuals pay insurance companies in exchange for the promise of lifelong income.

Obtaining Social Security Disability Insurance (SSDI) is a difficult and complex process. Two out of every three applicants initially are denied. John Minton was suffering from degenerative disk disease, rheumatoid arthritis, and other ailments when his initial application was denied.

Obtaining Social Security Disability Insurance (SSDI) is a difficult and complex process. Two out of every three applicants initially are denied. Robert Veneziali was a lifelong electrician until the onset of multiple sclerosis.

Which lender should you use to get a reverse mortgage? It may depend on the type of loan you want. Public sector reverse mortgages aren't available in most areas. And when they are, usually only one government agency offers any specific type of loan. Normally, you can't have more than one type of public sector reverse mortgage on your home. So you would be selecting a loan type for example, a property tax deferral loan, or a deferred payment home repair loan—rather than a lender.

With the dramatic downturn in the stock market in 2008 and the continued uncertainties that prevail in 2009, many are fearful of what lies ahead, especially as it relates to their hopes for a safe and secure retirement.