A Strategy Guide to Retirement Planning with Terry Martine

Interest rates are incredibly low... Although I'm sure you already aware of this, the challenge financial advisors face is where to invest cash. Leaving cash in a bank seems like a good choice, it's safe, but that's not going to keep pace with inflation.  Some estimates put inflation at 5%-6%, which means for every $100,000 earning 0% interest will lose $5,000-$6000 in purchasing power. This in not a good situation.

In this episode we will explore the the options to investing cash and what we see working. Not all accounts are created equally. Here are the types of account we will discuss and a few strategies working in todays low interest rate environment.

• Savings Account
• Money Market
• Short Term Government Bond Fund
• Short Term Corporate bond fund
• CD’s
• Insurance Contract’s

As always, if you want to see if these strategies work for you, feel free to reach out.

Terry can be found by calling 800-377-4027.  Thanks for subscribing and feel free to check out our website at www.frsinvestmentadvisors.com

This episode is a masterclass and dedicated to answering the questions regarding HR for small businesses. It's typical for a small business owner to overlook this key area as they grow, which can lead to some very costly mistakes. We not only cover the 8 HR issues a business needs to tackle, but include stories to bring these issues to life. Terry Martine interviews Doug Murphy from Paychex who services the industry and has practically seen it all.

• Employee Paperwork
• Employee Handbook
• Required Posters
• Hiring Process
• Performance Reviews
• Employee Development & Training
• Employee Recognition
• Employee Benefits

Feel free to give us a call if you have any questions.

This content is provided with the understanding that neither presenter are rendering legal advice or other professional services. Employers must consult with legal counsel for advice regarding their organization's compliance with applicable laws in their respective states.
https://www.smallbusinessria.com/

What is income Planning? In this weeks episode Terry talks about the simple trick he shares with his retirement income planning clients. It's amazing how simple income planning can be.... it all comes down to a simple number which is 300. Knowing this simple trick can help you tremendously in this short little 10 minute podcast. If you have questions after listening to the podcast we would be happy to explain.  Terry can be found by calling 800-377-4027.  Thanks for subscribing and feel free to check out our website at www.frsinvestmentadvisors.com

In this episode Terry Martine sits down with Rick Martens of Inland Capital and discuss what an opportunity zone is and how it is used for investors. According to the IRS, "A Qualified Opportunity Zone (QOZ)  is an economically distressed community where new investments, under certain conditions, may be eligible for preferential tax treatment.  Localities qualify as QOZs if they have been nominated for that designation by a state, the District of Columbia, or a U.S. territory and that nomination has been certified by the Secretary of the U.S. Treasury via his delegation of authority to the Internal Revenue Service (IRS)."
Isn't it interesting that the government knows that in order to revitalize an area, the easiest way is to give tax incentives?  In a nutshell, the government is allowing accredited investors the opportunity to build/invest in one of these zones and get a substantial tax reduction.

This is one of the episodes where we take a deep dive into the topic. The best way to get the most out of this podcast is to listen all the way through the first time then grab a notebook and write down your questions for the second time through.
If you want inventory or questions answered about Qualified Opportunity Zone Funds, feel free to give us a call or click over to our website at https://frsinvestmentadvisors.com/

You should consult a financial adviser familiar with the specific circumstances of your unique financial situation before making any financial decisions. Nothing in this broadcast constitutes a solicitation for the sale or purchase of any securities. Any mentioned rates of return are historical or hypothetical in nature and are not a guarantee of future returns. Terry Martine is an investment advisor representative of FRS investment advisors, a Florida investment advisory firm.

We talk with Rick Martens, Sr VP of Inland Capital to discuss answer a few questions. What is a 1031 exchange? Why do people use them and why are they becoming more popular? And finally we look at a few of the qualifications and why using a Delaware Statutory Trust (DST) meets the needs of many investors.  Here's a brief history of the 1031 exchanges.

A 1031 exchange allows real estate investors to defer tax liability on the sale of an investment property by using the sale’s proceeds to purchase a new property. The basic idea is that if the investor didn’t actually receive any proceeds from the sale (making sure to use a Qualified Intermediary (QI)), then there isn’t any income to tax.

The 1031 exchange can include like-kind property or it can include like-kind property along with cash, liabilities and property that are not like-kind. If you receive cash, relief from debt, or property that is not like-kind, however, you may trigger some taxable gain in the year of the exchange. There can be both deferred and recognized gain in the same transaction when a taxpayer exchanges for like-kind property of lesser value.

The taxes can be deferred indefinitely (exchange till you drop) as long as no monetary benefit is ever received from the sale of a property. For example, if you complete a 1031 exchange, hold that property for several years, and then sell it and buy another property, you can continue to use this method to avoid paying taxes. In other words, if you never "cash out," you can defer taxes forever.
If you want to contact us about a potential 1031 exchange you can call us at 954-683-1393.

FRS Investment Advisors, LLC

As we get older, the reason we have or still need life insurance changes. If you own a life insurance policy, the amount of coverage may have changed from when you first purchased the policy. We commonly get asked the question, "do I have to much, or do I still need the policy I bought years ago?" Do you still need the Buy-Sell life insurance policy?  It's essential that you consider how much life insurance you and your loved ones require, what type of life insurance policy is best for you based on your needs, and choose an insurance company you can trust. Did you or are you looking for Term Life, Universal Life, Whole life, or Long Term Care Insurance? We answer these questions and many more on this episode.
For more topics and to get a copy of the Life Insurance Evaluation tool click the link.
Terry Martine
954-683-1393

In this episode Terry Martine sits down with John Clark, a Medicare expert in West Palm Beach Florida. Medicare is available for most individuals that are 65 years of age or older. This podcast will answer your basic questions. We discuss  Medicare and  answer the difference between a Medicare advantage plan and a Medigap policy. Whether you need a drug plan. Why certain geographical areas have such different pricing including the most expensive counties in Florida. How much you will pay for Medicare and the most important question of all.... When should you start preparing to enroll in Medicare. 

1. What is Medicare
2. When should I apply for Medicare
3. Whats the difference between Medigap and a Medicare Advantage Plan
4. Who offers the cheapest rates for Medicare
5. Whats the penalty for missing my enrollment period

As you can see we take a pretty deep dive, however everyone's situation is different so if you find yourself asking questions give us a call, we are here to help you. The easiest way to get your questions answered of to find out what the rate are in your area is to contact us through our website at https://florida-retirement-services.com/

You should consult a financial adviser familiar with the specific circumstances of your unique financial situation before making any financial decisions. Nothing in this broadcast constitutes a solicitation for the sale or purchase of any securities. Any mentioned rates of return are historical or hypothetical in nature and are not a guarantee of future returns. Terry Martine is an investment advisor representative of FRS investment advisors, a Florida investment advisory firm.

We interview one the best estate planning Attorneys in West Palm Beach (Charlie Weiss). One word of caution, Charlie is in Florida, we specifically talk about Florida Estate Plans. If you are outside Florida, the concepts are the same but the documents might be slightly different. We answer the difference between a will and a Trust. Who needs a Trust or is it better to just have a will? Do you need a revocable living trust or an irrevocable living trust and the differences between the two. Who takes care of you if you become incapacitated, and what 5 documents you need today for a foundational Estate Plan. This interview was scheduled for 15 minutes, but we wanted to cover these important life documents in greater detail, so at the end we were sitting at 50 minutes. If you have questions about estate planning this is the podcast episode for you.
Please consult an attorney in your state for specific legal advice.

Have you ever wondered how to objectively compare Financial Advisors?  This episode gives you 4 basic questions you can ask any advisor and compare the results. You'll be amazed how simple this for is and how easy it is to use. The form is available as a PDF on our website under the forms tab.  This form will help you discover basic information like: Does the Advisor have any disclosures?  A disclosure is in the advisors file due to issues like Civil Actions, disciplinary actions by the government, Bankruptcies, typically negative information that you should be aware of before giving you money to them.  In addition, you'll find out if they only work with investments, or can work with you holistically and help with insurance needs. Most advisors should be looking at your complete financial picture and Insurances certainly play a part, whether its Life insurance, disability, Long Term Care, or Medicare Insurance. And finally, you'll discover if the advisor is a Fiduciary. In other words is the advisor legally bound to put your interests before their own and the firms interest.  Feel free to reach out if you have any questions.
You can get the form on our website at : https://www.florida-retirement-services.com

In this episode we explore your options to a 401k rollover or 403b rollover. There are 5 pro's and cons to a Rollover IRA. The main deciding factor is if you think there might be a circumstance that you need to take a loan on your 401k. Maybe your looking for a more diversified funds or stocks than your 401k provider offers. We'll cover the 5 options you have to transferring your money from an old employer.
Find us at Family Retirement Services, LLC. or call us at 800-377-4027

Here is a quick link to the IRS's website regarding Rollovers.

When you roll over a retirement plan distribution, you generally don’t pay tax on it until you withdraw it from the new plan. By rolling over, you’re saving for your future and your money continues to grow tax-deferred.

If you don’t roll over your payment, it will be taxable (other than qualified Roth distributions and any amounts already taxed) and you may also be subject to additional tax unless you’re eligible for one of the exceptions to the 10% additional tax on early distributions.