The Financial Review

There are now many sites owned by large corporations claiming to offer “Independent” financial help and support, after visiting many of these sites it is clear that they are all offering different products as the best savings account, or best current account, etc. How can they all be correct?? They cant, its that simple, what I have discovered after trawling through these sites in search of clearly worded, independent useful advice on how to get more from my finances is that there are few that can actually offer it, there are a couple however…

There are new sites giving exactly whats needed, clear unbiased advice on the best banking accounts out there, whether it be savings, credit cards, current accounts, etc. These sites do exactly what they ‘say on the tin’, no jargon is used and it is straight to the point, well worth looking at if you want a genuine sites giving useful financial information.

Check some out and I’m sure you wont be disappointed!

There are more and more sites like this popping up now, is that a result of the global financial crisis? Are people looking more towards truly independent advice after finding that the banks and large financial organisations that we trusted weren’t being honest with us, they played with our money and now perhaps we are all looking into our finances that little deeper. Our loyalty to the bank we’ve been with so long is slowly eroding, we need to get more from our money, we need the best accounts, with the best rates and the truth is that we have the freedom to choose! So yes we are looking at these smaller independent sites because we will at least see what is available in the knowledge that we will not be shepherded down a particular route that we dont want to go down, become financial independent, its your money and its your choice where you put it! Its time we found out what we can really get with our money, get on the web and FIND the BEST DEAL!

Non Profit Financial Review Vs an Audit

Non-profits frequently wonder if they need an audit or a review. This can be dictated by state requirements, the need for a Federal A-133, or by specific funders requirements. The state of New York has especially onerous requirements that have a very low threshold for when non-profits have to conduct an audit. In past years NY State requires an audit for organizations who make more than $250,000 per year. Each organization should be aware of the state requirements and requirements of funders – both current and future prospects – when making this decision.

There are two basic differences between the two: One, the cost of a review is typically 1/2 that of an audit. And secondly, a review is just that… a review. The CPA doesn’t perform in-depth ‘testing’ as they do in an audit. They review for material issues and obvious deviations from GAAP. But they won’t go in and test unique individual transactions in the same way an audit is done. A review provides some assurance, but does not independently validate transactions.

The moral of the story is to make sure you comply with government regulations based on your size and geography. And be proactive to understand funders requirements. (i.e. the United Way requires a review for organizations of a certain size, an audit for larger ones.) Make sure you read the fine print on the grant application so that you are aware of the requirements. Many organizations may decide that the cost of an audit outweighs the benefit of the grant. If the grant is for $10,000 and the audit will cost you $8,000, it is likely not worth the effort.

Keeping track of all these regulations can be tricky, so make sure you have an active informed Finance Committee or a partner who can help you through the issues.

It’s Time For A Mid-Year Financial Review

As we enter the second half of 2014, this is a good time to look back at the first six months of the year to see how you are faring financially. We recommend that clients conduct a mid-year financial review to check in on their investments, budgets, savings and tax planning to see if adjustments need to be made.

Here are a few key items to look at during your semi-annual financial review:

Investments: How did your investments perform this year? Better than expected, worse than expected or about the same? Talk to your investment advisor to see if you want to make adjustments, including rebalancing your portfolio if your personal or business risk profile (your willingness and ability to take risks) has changed.

Savings: Have you reached your savings goals yet this year, or do you need to step it up a bit? Consider making an automatic transfer each month from checking to savings to ensure that you are saving consistently. This applies to retirement savings as well as traditional savings. Don’t wait until the end of the year to try to catch up.

401(k) plan: If you are contributing to an employer-sponsored 401(k) plan, look at your investments to see how they’re performing. Have you experienced any gains this year, or did you lose money on your investments? Are new funds available that better suit your needs? Can you afford to increase your contributions to get the maximum match from your employer? Discuss your 401(k)’s performance with your financial advisor to see if it is beneficial to make changes. Your plan sponsor – the employer – may also have additional information about the investments in your 401(k) plan.

Tax withholding: Now that you’ve made it through half the year, you probably have a good idea whether or not your tax withholding is adequate. Do you need to adjust your withholding to ensure that you don’t underpay your taxes, or perhaps you’ve had a child and are eligible for an additional exemption? The IRS offers a tax withholding calculator to help you determine if you need to make adjustments. This is particularly true if you are a business owner paying quarterly taxes. Are you paying enough?

Other areas to consider for your review: insurance, medical spending, quarterly tax payments and budget adjustments. Contact your investment advisor to discuss these critical components to your financial success. It might take a little time, but that is time – and money – well spent.

Your Homeowner’s Association Financial Review

Associations with a gross income over $75,000 are required to annually prepare a financial statement on an accrual basis and distribute it to the membership (homeowners in the hoa). That statement must be independently reviewed by a licensed certified public accountant (unless the governing documents call for an audit instead of a review). The financial statement must be distributed to members within 120 days of the close of the fiscal year.

If your HOA is on a calendar year you should be receiving your financial disclosure by the end of April and follow up with your management agent if you do not receive one. If your HOA is a mid-year (June) you will receive you disclosure by August.

As a homeowner or Board member that lives in an HOA, be sure to look closely at your financial review and be sure to ask questions. Residing in an underfunded HOA can have negative impacts that can lead to:

Special Assessments
Inability to sell
Declining property value
Inability to secure financing
Quick tips to Evaluating the Financial Health of your HOA:

Make sure that you are given annual financial reports, especially the delinquency report and those pertaining to the adequacy of the reserve account.
Do a physical review of the property and observe how the common areas are maintained. For example, assess the condition of exterior paint, amenities, roads, roofs, drives, fencing, etc.
Be involved with the board and its decisions, especially when you see deferred maintenance of common areas or are subject to special assessments.
Attend meetings and listen to the treasures report.
The Board of Directors are entrusted with the money and property of the association and are held to a higher standard. The homeowners or members of the Association are responsible to choose qualified Directors, if you feel that your Board or even your management company are misguiding the Association’s finances, you have the right to take action.

Because HOA’s are considered a non-profit, they should never really have more money then they are budgeted to take in and can lose their non-profit status if they do. At the end of the fiscal year, any money in the operating account that exceeds what is needed for that monthly budget, should be transferred to reserves. This step at the end of the year can help your financial review.

Remember there are several resources available to you as a Homeowner/Board Member in an HOA that can help you during your financial review period.

How to Conduct a Financial Review

What is a Financial Review?

A financial review is an attempt to bring your financial arrangements in line with your personal circumstances and objectives, and external conditions.

A financial review consists of the following steps:

On the basis of your present circumstances and objectives, and prevailing economic conditions, sketch out the optimal configuration of your finances.
Detail your actual current financial situation.
Make any necessary changes.
I’d strongly recommend you do 1) before 2) so your current position doesn’t influence the theoretical ideal.

Income vs. Assets

Our financial situation consists of two components – income (the money received per unit time) and assets (the stock of money and other valuables we possess). What follows is primarily concerned with assets, although a similar process can and should be conducted for income and expenditure; ie ascertain your income, work out how it would best be spent, how it is currently being spent, and implement any necessary changes.

How Often?

Conducting a financial review too often can lead to excessive tinkering and/or anxiety. Failing to do so often enough may fuel financial inefficiency. For most people carrying out this procedure once or twice a year is appropriate.

In the current economic difficulties, it’s advisable to keep a closer watch on deposit interest rates. It’s common for institutions to offer high introductory rates, which are soon reduced to derisory levels once sufficient customers have been attracted.

Financial Review Tools

It’s perfectly possible to carry out a financial review with pencil, paper and (maybe) a calculator. However, numerous computer packages can ease the task ranging from a standard spreadsheet, to specialist free and commercial software.

Constructing the Optimum Mix

Start by setting aside your “rainy day” money. Ideally this should be between 3-6 months living costs with the exact amount determined by your confidence about the future. This money is to tide you over should disaster strike and should be kept readily available, preferably in an interest-bearing instant access deposit account.

Next consider your insurance and pension provisions. At this stage forget what you actually have and consider only what you need. Insurance comes in many varieties, the most obvious being life, house, car, healthcare. But you can also insure against losing your job, critical illness, accident, pets… Insurance is essentially a bet on something you hope never happens, but if it does at least your finances will be taken care of.

The amount of pension cover you need depends on i) the income you hope to have in retirement, ii) the time before you retire, and iii) the expected returns on your fund. Obviously iii) is the most difficult to estimate. The temptation with pension planning is to delay it in favor of more immediate demands, however the golden rule is the sooner you start, the more likely you are to enjoy an agreeable standard of retirement.

Finally, having taken care of the bare essentials, consider the allocation of what remains. These funds can be distributed between cash, bonds, stocks and other asset classes such as real estate (including your home!). There is no unique solution. The right mix for you depends on:

your financial goals (retirement, buying a house, putting the kids through college…)
your attitude toward risk
your age (generally the older you are the more conservative you should be towards risk)
personal preferences (you may be inclined to investing in a certain stock/sector)
Within broad categories such as stocks and bonds consider more specifically how your funds should be spread. For most people it probably makes sense to keep the bulk of their stock investments in trackers such as ETFs, but you might want to use some money for specific stocks.

Assessing the Current Situation

In this stage you need to work out your actual financial position. Check the balance on all your deposit accounts, and the capital value of bond and stock holdings. Note the type and value of all insurances held and the current worth of your pension fund. Make a realistic valuation of your real estate holdings – based on sold (rather than asking) prices.

Make Necessary Changes

Ideally you should now have two figures against each category – the ideal and the actual. Your actual situation and the theoretical ideal are constantly changing. It’s impossible to keep both exactly aligned. The key task is to identify areas of greatest discrepancy and consider making changes to equalize them. Before making changes, consider the costs of the proposed change alongside its benefits. Change only where the benefits clearly exceed the costs.

In addition to making changes between broad categories, consider also the use of funds within categories. For example, as mentioned above savings rates are frequently changing, so be sure your cash is earning the highest possible rate.

Conducting regular financial reviews won’t in itself bring great riches. But it will at least ensure your hard earned money is employed in the best way possible given your particular circumstances.

Do You Need Mass Mutual Doctor Disability Insurance?

Yes. Ok, that might be too quick and too brazen, but the truth is most people stand to gain significant risk offset benefits from disability insurance. Most of the things that we value in life are insured – our home, our car and even our life. It is aquite realistic assessment that the risk of damage is quite real, and the cost of repairs (not in case of life insurance, but other insurances) to those objects may be too high to bear in case of an accident or a natural disaster. But in our risk management planning, one thing is often ignored, that is our income. Our earnings are secured only as long as we are healthy and able to work. In case that changes, a disability insurance can provide some much-needed relief.

The scenario in healthcare industry

The case for disability insurance is even stronger in the healthcare industry. Doctors are highly skilled professionals. They are highly reliant on their skill and talents to be able to do their job and earn their livelihood. In case any disability causes them to be unable to render their job, they are at significant risk. Hence, disability insurance is quite prevalent among doctors. In fact, it is common practice for doctors to opt for own-speciality or own-profession insurance plans which are quite expensive but provide generous cover. There are various major insurers that offer specialised insurance products for healthcare professionals such as Ameritas Disability Income Insurance for Medical Professionals, which is a disability insurance for doctors. There are also specialised products on offer by the Ohio National Disability Income Insurance and MassMutual Disability Insurance which also offer own-speciality insurance options as riders.

Some larger healthcare institutions such as hospitals or medical research centres may have a group insurance policy for covering disability, but most group policies provided by employers are inadequate to cover all expenses in case of loss of livelihood. Also, if the doctor chooses to leave the institution, the policy cannot be migrated most of the time. Hence, a personal doctor disability insurance policy is recommended in order to have sufficient coverage and also continue coverage regardless of employer.

Are the risks really high enough?

Let us take a look at the data. According to a survey, about a third of all doctors experience some or the other kind of disability in their professional careers. Of those, about in 40% of the cases, the disability lasts for 7 years or more. That’s the data about the healthcare industry. Now take a look at the average population data. According to the Social Security Administration, an average 20 year old has a 30% probability of suffering from a disability period of 6 months or more. Those are some significant statistical risks, and a good insurance will help you tip the scales in your favour.

Peace of mind

Another advantage of disability is enormous peace of mind. If you have any dependents in your family, such as kids, then having a disability insurance will relieve you of a significant amount of anxiety. There are several insurance plans that pay out almost 85% of your normal earnings as benefits in case you suffer from a disability. Such financial support will help you more or less maintain your present quality of life regardless of any unforeseen tragedies.

Veja Como Conquistar Um Homem Com Algumas Dicas Simples!

Venha fazer amizades e conhecer pessoas com as mesmas afinidades. Os mtodos que voc ir aprender so constituido de experiencias pessoais e muita pequisa para chegar ao pontoQUASE certeiro. fato sempre foi direcionado a mtodos funcionais para todos,no importa grau de dificuldade no relacionamento, mas isso no existe.

Cid recomenda que os soldados , civis e membros da famlia que se deparar com qualquer conhecido redes sociais suspeito ou perfil site de namoro ou so solicitados nesta forma de uma pessoa se passando por um soldado dos EUA, enviar e-mail imediatamente CID em @ mail mil.

Mas numa das vezes uma mocinha dentro do avio puxou papo comigo, e disse que estava com medo da imigrao e foi contando sua histria. Dava pra perceber que ela no estava indo bem intencionada pra Europa. Na hora de sairmos da aeronave ela me pediu para que passasse com ela na Imigrao, alegando que no falava espanhol e queria que algum falasse por ela.

Isso vai tepermitir que voc veja a si mesmo atravs dos olhos de um outro homem que voc acha interessante e atraente. Cabe a voc decidir aonde isso pode levar. E tambm vai te ajudar a lembrar que homem com quem voc est intimamente envolvida na sua outra vida” no est vivendo como um monge com sua esposa.

Conheci Clube dos Poupadores em 2014 quando estava pesquisando sobre investimento em LCI e LCA. Na poca, eu queria outra opo mais rentvel do que poupana e eu ficava perdido entre tantas opes de renda fixa.

Desde 2007, uma tendinopatia patelar nos dois joelhos incomodava nadador. esforo contnuo foi piorando problema ao longo dos anos. pice da leso foi justamente em 2012, no ano dos Jogos Olmpicos de Londres. A dor era constante, e problema comeou a ameaar a performance do nadador. A soluo definitiva, a cirurgia, no entanto, precisou ficar para depois da competio da Inglaterra. Nadando com os joelhos debilitados, Cielo no conseguiu bicampeonato nos 50m livre, mas levou a medalha de bronze.

relacionamento com essas pessoas foi uma via de uma mo, ondeeu fiz de tudo pra que funcionasse e que algum tipo de amizade, mesmo que rasa, crescesse. Dei tudo de mim enquanto pude, e conforme os anos passaram pouco de energia que sobrou usei para me manter viva, mas chegou um momento que parei de fazer por essas pessoas.

Em Nome de Jesus, atravs dessa Orao Poderosssima, declaro que todas as minhas dvidas, angustias, aflies sejam dissipadas da minha vida, da minha Famlia e meus familiares, e de todos os que fizeram.

Ento, primeiramente precisamos saber em qual das fases voc est nesta conquista. Se na primeira, quando voc tem atrao ou desejo por um cara, e quer despertar mesmo sentimento nele. Na segunda, que vocs j se conhecem ou at mesmo j rolou alguns beijinhos, e voc quer agora transformar isso em algo mais srio. Na terceira, vocs j tem algum tipo de compromisso, porm voc descobriu que este homem da sua vida, ento voc gostaria de artimanhas para conquist-lo de vez, e passar resto da vida ao seu lado.

Finding The Best Asian Escor Ts Marylebone Agency

Despite the fact that the process of finding the right Asian Escor*s South Kensington agency is quite challenging, you should know that it is definitely worth your while, especially if you would like your future experiences to be positive. As you may probably know, when meeting Asian Escor*s Marylebone, you do not really know what to expect. But, if you are certain that the agency you have chosen to contact is a reliable one, you will not have to worry about anything.

At first, you might be tempted to believe that the agency you rely on does not really matter that much. Well, the truth is that your whole experience depends on the agency. So, instead of making the mistake of booking a date with one of the available Asian Escor*s South Kensington with the help of the first agency you stumble upon, you should consider doing a bit of research first. It might take a while, but you should know that this whole searching process is worth it.
As soon as you gather enough information it will be easier for you to select an escor* and give out your personal information when filling out the booking form that is available on their website. It would be recommended that you follow a few simple steps starting with making a list of reasons as to why you should opt for the services of an escor* agency rather than just pick up Asian Escor*s Marylebone on the street.

Well, when you are ready to have some naughty fun, you can not risk doing it with someone that can make you deal with all sorts of unpleasant situations. One of the reasons why you need to look for such an agency is the fact that you are able to meet trustworthy Asian Escor*s South Kensington whenever you feel like it. At the same time, if you are thinking about hiring one of the ladies you have seen on the agencies site, the booking process does not take longer than just a few short minutes.
The next step requires you to do a bit of research online and see which of the existing agencies can offer you just the right advantages starting with a simple booking process, complete data protection and so on. They should ensure that you have access to a long list of gorgeous ladies that you can choose from when you feel like having a lot of fun. Your experience should be so amazing that you should want to contact them again. Read a few reviews written by other customers just like yourself before you get in touch with any of these agencies.

Top 5 Benefits Annuities Can Bring Except The Lifetime Income

Earning a consistent income in their retirement life is a major concern for the seniors approaching their retirement and many of them invest in different annuity insurance plans. These annuities help the insured to receive a guaranteed income for life protects from the fear of outliving their savings. Also, if a senior couple hasn’t saved enough or doesn’t have someone to support after their retirement, these policies help greatly to take care of their daily expenses and maintain a better lifestyle. However, the majority of seniors isn’t aware of all the benefits an annuity can bring. Most of them buy an annuity solely to receive a guaranteed income in their retirement life but the annuities have a lot to offer. Here, we are going to explain five more benefits of a retirement annuity plan that you might not be knowing.

Benefit to your loved ones

At times, seniors pay a long series of premiums to earn them back during their retirement but die at an early age without receiving the complete benefits. Many seniors die soon after their retirement and insurance providers keep their share of investment with themselves. But, the new additional feature allows transferring the benefits to the beneficiaries, if the insured dies early. Along with the immediate annuity plan, you can choose a guaranteed period of 10-20 years that are calculated since the time you start receiving the payments. If you opt for a 20-year guaranteed period with the annuities, your insurer will provide a series of payments for exact 20 years. You can name your spouse or kids as the beneficiary and they will receive the benefits for rest of the period, in case you die early.

Tax deferral on earnings

Most of the investments are applicable for state and federal taxes, but the investments such as interests, annuities, dividends and capital gains earn a tax-deferred status. These investments are tax-free until you withdraw the accumulated amount. The tax-deferral is similar to 401(k)s and IRAs, but there isn’t any limit on the amount and you can put any amount into the annuities that you assume enough to spend your retirement comfortably. Moreover, the minimum withdrawal criteria have more flexibility than that of to 401(k)s and IRAs.

Tax-free investment transfers

Market performs differently at a different time and an investment performing strong today may perform poorly after a certain period. Hence, investors keep transferring their investment amount form one to another fund and there are financial advisors to help with the same. Usually, these investment transfers or rebalancing are applicable for taxes but the annuity retirement plan has no such tax consequences. That means, you can rebalance your investments as per your financial advisor’s suggestion and you won’t have to pay any taxes on that.

Protection from lenders

People take different types of loans to match a better lifestyle and pay the due amount in installments. At times, people reach a stage where they only have the money enough to take care of their fundamental requirements and aren’t able to pay the loan installments. In such cases, if the lender files a lawsuit, they may lose the return on the investments made. Annuities insurance policies also help protect your investment return even if you can’t make the installments. Usually, the premiums you have made to your insurance provider, belongs to them and there are laws that restrict that money to be accessed by the lenders.

Variety of investment options

Insurers help the investors with a range of annuity options at retirement including the fixed and variable one. The first one credits a certain rate of interest on the amount you deposit while with the later, your money is invested in the stock or bonds like mutual funds and provide a return based on the market performance. Also, various insurance providers have introduced different types of floors that set a limit by which your investment value may not fall further. That means, if you have invested in a variable annuity, you return won’t fall below a certain value, despite the fluctuations in the market.