1. Rollovers: Know Your Options Plan Your Strategy Speaker’s name is 24pt
Speaker’s position is 24pt
Date
Good (morning/afternoon/evening), and thank you for coming today. Welcome to “Rollovers: Know Your Options, Plan Your Strategy.” My name is ____________ and I’m a _________ with __________ in the __________ office. (Give a short summary of your experience in this area and explain how retirement planning fits into your daily business.)
As a plan participant who is changing jobs, retiring, or affected by a company downsizing, you’re about to receive a lump-sum distribution from your employer’s retirement plan. This could be an enormous amount of money. You want to be sure that you make the most of this payment. We are here today to discuss just that—how to best manage your retirement plan distribution.
This seminar was created to help you understand the options available when taking a retirement plan distribution. I’m not here today to discuss investments or products, but to help you make the most appropriate distribution decisions to help you secure the type of retirement you’re looking for.
Part of today’s seminar includes tax information. Although I’m not a tax adviser, I can work with you and your tax adviser on these issues.
Now most of you are probably here because you are in between jobs or preparing to leave your current position either to start a new career at another company or to begin retirement. As a result, you need to begin planning how you’ll manage your retirement plan distribution.

2. Understanding Your Needs
How long have you been contributing to your company plan?
Are you changing jobs or looking for a new one?
Are you retiring or considering early retirement?
Do you have a need for current income?
Have you received your annual Social Security Statement?
But before we get into talking about your retirement planning options, I would like to do an informal poll. This will help me understand where we all are in terms of your career or retirement, and help me tailor the presentation to better suit your current needs.
How many of you have been contributing to your company’s retirement plan for twenty or more years? Fifteen years? Ten years?
How many of you are here today because your are changing jobs or looking for a new one? And how many of you are here because you are retiring or considering early retirement?
Is anyone looking for current income to help you through the transition?
Finally, how many of you received your annual Social Security Statement?

3. Social Security Annual statement Mailed to all workers age 25 or older
Includes an estimate of what you’ll get in return as monthly retirement benefits
Statement mailed three months prior to your birthday
What does it all mean?
For those who are not familiar with this statement, let me give you a brief overview. In 1999, the Social Security Administration (SSA) started mailing annual Social Security Statements to all workers age 25 or older.
Among other things, this statement includes an estimate of what you will get in monthly retirement benefits.
This statement will be mailed to you three months prior to your birthday.
For those of you who have already received yours, were you surprised at how much you’ll receive?
How many of you are aware that there is a new law that allows retirees over age 65 to work full time and still collect full benefits regardless of earned income?
But what does all this mean? Why do you think the Social Security Administration took on such a task of informing the general public about how much they can expect in benefits? Why do you think this new law was passed? (Solicit responses.)
According to Employee Benefit Research and Cato Institutes (EBRI), higher-income workers can only expect approximately 25% of their preretirement income1 to come from Social Security; the rest is up to them.
Therefore, the decisions you make today on how you manage your retirement plan distribution can have a large impact on how you live during retirement.
While most of the material we will cover (today/tonight) will generally apply to everyone, I will try to discuss specific options that address some of your particular issues and concerns. If you have no questions, let’s begin.
1 Source: EBRI/Cato Institutes “Social Security Privatization,” May 25, 2000.

4. What are the advantages and disadvantages to each option?
Factors to Consider
Do I need
temporary
access to my
funds?
What are my
options?
Can I avoid
current taxes
and
penalties?
How can I
gain more
control over my
investment
options?
What are the advantages and
disadvantages to each option?
There are many issues surrounding the receipt of a retirement plan distribution, and they can be complicated. But before you can make a decision on what to do, there are many factors to consider and questions to be answered.
For example:
What are my options?
What are the advantages or disadvantages of my decision? Can I avoid current taxes and penalties?
How do I gain more control over my investment options?
Do I need temporary access to my funds?
In addition:
Are there any tax consequences?
How do I keep my money growing?
What if I need income?
Note: Keep in mind that financial professionals are not tax advisers. Therefore, you should consult your tax or legal professional before making any tax-related decisions.

5. “
Don’t dip into your retirement savings. You’ll lose principal and interest, and you may lose tax benefits. If you change jobs, roll over your savings directly into an IRA or your new employer’s retirement plan. ”
By planning ahead, knowing your options, and making the right decisions, you can help protect your future and achieve your retirement goals.
In fact, even the Department of Labor is aware of how important it is to preserve your retirement savings and roll over your lump-sum distribution.
“Don’t dip into your retirement savings. You’ll lose principal and interest, and you may lose tax benefits. If you change jobs, roll over your savings directly into an IRA or your new employer’s retirement plan.” –U.S. Department of Labor, August, 1997
So, what will you do with your retirement plan distribution? How do you make the right choice for you?
First, decide what your retirement goals and needs are.
Then examine your options to find out what best fits your needs.
Finally, use professional advice to guide and help you avoid the pitfalls; remember, your retirement future is at stake, so get help from your professional advisers.
Let’s begin by looking at what most people do.
—U.S. Department of Labor

6. Options for Your Retirement Plan Distribution
Rollover to
Employer
Plan
Distribution In
Cash
OPTIONS
Rollover to
IRA
Keep
Current
Plan
There are basically four options to choose from when receiving your retirement plan distribution. As we go through this seminar, we’ll discuss all four options in greater detail.
Your first option is to take the distribution in cash or securities, pay the appropriate taxes, and then spend or save it.
Your second option is to keep your assets in your current company’s plan. However, if your assets in the plan are $5,000 or less, you may not have the option of leaving them in the plan.
Your third option is to roll over the distribution into a traditional IRA and continue working to build your assets tax deferred.
Finally, if applicable, your fourth option is to process a direct rollover of your funds to your new employer’s retirement plan. You should check with your new benefits department to ensure that this option exists. (Note: This option is not applicable for those who are retired or considering retirement.)
The ultimate decision on what to do will be based on your personal needs, and could result in a combination of these options; for example, taking part of the distribution in cash and rolling over the balance to your own IRA. But before you decide what option is best for you, let’s take a closer look at the advantages and disadvantages of each.

7. Option 1:Taking the Distribution in Cash or Securities
Advantages:
Access to your money
May be eligible for special tax treatment
May be appropriate if distribution includes highly appreciated company stock
Taking the Distribution in Cash or Securities
Taking the distribution in cash or securities means that you’re not going to roll it over into an IRA or another company plan.
Although you’ll have access to your money, you will be subject to income tax on the taxable portion of your distribution. However, you may be eligible for special tax treatment for calculating your tax. This is known as 10-year income averaging, and it may offer you substantial tax savings. (This option only applies to individuals born before January 1, 1936.)
You might also choose this option if you have highly appreciated employer stock as part of your distribution and were advised by a tax professional not to roll it over into an IRA, so that you could defer taxes on the Net Unrealized Appreciation (NUA) and incur long-term capital gains rates (usually 15%) rather than ordinary income tax rates of as much as 35%2 when you do sell your employer stock.
2 Individuals tax rates will vary based on Adjusted Gross Income and effective tax year.

8. Option 1:Taking the Distribution in Cash or Securities
Disadvantages:
Current income taxes and 20% federal withholding apply
10% federal income tax penalty may apply if younger than age 59½*
Lose continued tax-deferred compounding
Spending retirement assets
Taking the Distribution in Cash or Securities
Disadvantages
If you take the money and are not eligible for 10-year income averaging, there
are several disadvantages.
You must pay ordinary federal income tax on the taxable portion of the distribution, and also state or local taxes if applicable.
You won’t receive a check in the full amount of the distribution—your employer is generally required by law to withhold 20% of your distribution (doesn’t apply to distributions of company stock) for federal income tax purposes even if you are eligible for income averaging.3
If you’re younger than age 59½, a 10% federal income tax penalty may apply to your premature distribution in addition to ordinary income taxes.4 The most common exception is when you separate from service after attaining age 55—you are exempt from the early withdrawal penalty.
In addition to mandatory withholding, taxes, and a possible early withdrawal penalty, if you cash out your retirement plan, you lose the benefit of tax-deferred compounding on your assets; you’re also spending the money earmarked for your retirement, which could mean a loss in your financial security or even a delay in your retirement.
3 If the securities are employer stock, no withholding may be required on the Net Unrealized Appreciation (NUA) portion of the employer securities.
4 The 10% federal income tax penalty does not apply to the Net Unrealized Appreciation of employer stock
taken in kind.
*Note: Exception applies when separation from service after attaining age 55.

9. Option 2: Keep Assets in Current Plan
Advantages:
Attractive investment options
Avoids current income tax and penalties
Continued tax-deferred compounding
Keep Assets in Current Plan
If your account balance exceeds $5,000, you may have the option of leaving your money in your current employer’s plan and continue to receive the benefits of tax-deferred compounding.
Advantages
You may decide to leave your money in the plan because the investment options are particularly attractive and investment costs may be low. In this case, it may make sense to leave your money in the plan. You’re not burdened with making any tax-related decisions until you do decide to take your money out of the plan, and the funds can continue to grow tax deferred.

10. Option 2: Keep Assets in Current Plan
Disadvantages:
Access to assets may be limited
Your rights in the plan may change
Investment options or performance may be unsatisfactory
Keep Assets in Current Plan
Disadvantages
Just because you want to leave your money in the plan does not mean that your former employer wants you to remain in the plan.
Many times the employer is paying some type of annual administration fee to keep your account open. Often, once you leave employment, you lose loan and hardship withdrawal privileges.5
Not every employer does this, so to be on the safe side, you should ask your human resources manager if any of your rights in the plan change when you leave the company and decide to keep your money in the plan.
Additionally, you may not have a lot of investment options in your plan, and the investments you do have may not deliver satisfactory returns.
5Note to financial professional: If this is a company-sponsored seminar, you should check with the human resources manager prior to the seminar to find out if this situation exists.

11. Option 3: Rollover the Distribution Into an IRA
Two methods:
Indirect rollover to an IRA
Direct rollover to an IRA
Rollover to IRA
Your third option is to roll over your retirement distribution into a traditional IRA. This option can be processed in one of two ways.
You can either take the distribution in cash and then roll it over into an IRA (this method is known as an Indirect Rollover) or you can instruct your employer to transfer the funds directly to a new custodian (this method is known as a Direct Rollover).
We will take a look at both methods, but let’s begin by discussing the option that for most people is generally the least advantageous way—taking the distribution first.

12. Option 3: Indirect Rollover to an IRA
Take the distribution in cash and then roll it over into an IRA yourself.
Advantages:
Temporary access to 80% of proceeds
May invest the money for 60 days
Continued tax-deferred compounding
Indirect Rollover
If you receive a distribution from your retirement plan, you have 60 days from the date you receive it to roll over all or part of it into a traditional IRA or another company plan.
During these 60 days, you are free to do as you please with the money. For example, you may invest it. However, any earnings on the investment cannot be rolled over—only the original distribution amount can be. (Note: Any cash proceeds invested during this 60-day period must be converted back to cash to effect the rollover. Any use of this cash should not be in anything subject to market fluctuations, and must be readily liquid.)
Once the distribution amount is rolled over into an IRA, it can continue to grow on a tax-deferred basis.

13. Option 3: Indirect Rollover to an IRA
Take the distribution in cash and then roll it over into an IRA yourself.
Disadvantages:
Amount not rolled over is taxed
20% will be withheld for federal income tax
You must replace the 20% being withheld
10% federal income tax penalty may apply
Indirect Rollover
So why is this the least advantageous way for most people to roll over into an IRA? Think back to what happened if you chose Option 1 and cashed out your retirement plan.
Any time you receive a distribution from your retirement plan, your employer is required by law to withhold 20% of the distribution for federal income tax, even if you plan to roll over the distribution into an IRA within the 60 days. If you wish to roll over the full amount, you must dip into your personal savings to replace the 20% that was withheld.
Additionally, any amount not rolled over (including the 20% withheld for taxes) will be subject to income taxes and then may be subject to an additional 10% federal income tax penalty if you’re under age 59½ or age 55 and separated from the service.
Let’s look at the following example.

14. Option 3: Indirect Rollover to an IRA
Sarah receives a $200,000 distribution
$40,000 was withheld (20% of $200,000).
Sarah rolls over $160,000
$40,000 is included in ordinary income and is
subject to a 10% federal income tax penalty.
To avoid tax and penalty, Sarah needs to replace
the $40,000 that was withheld.
Indirect Rollover
Sarah receives a $200,000 distribution. $40,000 was withheld by her employer and sent to the IRS for federal income tax purposes.
If Sarah did not want the $40,000 included as ordinary income and subject to the 10% federal income tax penalty, she could have withdrawn $40,000 from her personal savings and included it with the $160,000 she actually received in order to complete an indirect rollover of $200,000.
The $40,000 that was originally withheld will be used as payment toward taxes when Sarah files her next income tax return.
But remember, if Sarah has not made up the amount withheld, she would have $40,000 treated as ordinary income, and she would be subject to a $4,000 (10% of $40,000) federal income tax penalty for the premature distribution.
If your ultimate goal is to move your retirement assets back into an IRA, it’s generally better to transfer them directly.

15. Option 3: Direct Rollover to an IRA
Instruct employer to send assets directly to a new custodian.
Advantages:
Continued tax-deferred compounding
Broad range of investment options
Avoid 20% withholding and current income taxes
May be eligible to roll over into new employer’s retirement plan later
Can receive substantially equal periodic payments without 10% federal income tax penalty
Direct Rollover
There can be a number of advantages when you transfer your distribution directly into a traditional IRA.
Your retirement assets continue to work for you, you remain fully vested, the money can continue to grow on a tax-deferred basis, and you can enjoy a broad range of investment options. Remember Sarah? If she had transferred her $200,000 distribution directly to an IRA, she would have avoided the 20% mandatory withholding and delayed paying current income taxes on the amount. All of her retirement funds would have had the opportunity to continue growing tax deferred.
However, if Sarah later determines that she needs current income, she can receive substantially equal periodic payments without incurring a 10% federal income tax penalty. It’s important to note that this option is not right for everyone, and while I am not a tax adviser, I would be happy to discuss this in more detail with you.

16. Option 3: Direct Rollover to an IRA
Instruct employer to send assets directly to a new custodian
Disadvantages:
Cannot income average unless assets are later rolled back into employer plan
Loans are not permitted
Direct Rollover
Disadvantages
If you are eligible to elect income averaging and roll over the money into an IRA, you then lose the ability to income average (unless assets are later rolled back into an employer’s plan). Also, unlike some company plans, loans are not permitted from an IRA.
However, by keeping your assets in a separate IRA, you preserve your ability to roll the funds back into a new employer’s retirement plan. This will allow you to regain the ability to income average,6 and access to a loan provision in the future.
If you are retiring, this ability would not be a primary concern for you.
6 Provided that you roll the money into a separately established conduit IRA, and do not intermingle the money with any other IRA contributions or rollover amounts. Income averaging is available only for persons born prior to January 1, 1936.

17. Option 4: Direct Rollover to New Employer’s Plan
Advantages:
Continued tax-deferred compounding
May offer attractive investment options
Avoid current income tax implication
Possible loan option
Rollover to New Employer’s Plan
Your final option is to process a direct rollover to your new employer’s retirement plan. This option has many of the same advantages and disadvantages as leaving your assets in your former company’s plan. If you are retiring or between jobs, this option would not be available.
Advantages
You may decide to roll over your money to your new plan because:
Besides the ability to continue enjoying tax-deferred compounding, the new plan may offer particularly attractive investment options.
You can avoid any current income tax implications, and unlike a rollover IRA, you may be able to enjoy a possible loan option.
However, before considering this option, you need to verify if your new employer will allow it. Do some research. Find out if there is a waiting period. Make sure that the investment options in your new retirement plan are competitive and broad enough to meet your long-term needs. Contact your Benefits Coordinator to verify what type of services your new plan offers.

18. Option 4: Direct Rollover to New Employer’s Plan
Disadvantages:
May have limited investment options
Investment options or performance may be unsatisfactory
Your rights in the plan may be different than your previous employer’s plan
You generally lose the ability to roll assets out prior to retirement
Rollover to New Employer’s Plan
Disadvantages
If your new plan has limited investment options, if performance of those options is poor, or if the plan has more restrictive rights than your previous employer’s plan, you may want to consider rolling over your assets to an IRA. This may give you the added flexibility and investment options you’re looking for.
In addition, once you commit to having your retirement plan distribution directly rolled over to your new employer’s plan, you may lose the ability to roll it out. Therefore, even if unfavorable amendments are made to your current plan or you are unhappy with the performance of your investment options, you may have to suffer the consequences.
Speaking to your Benefits Coordinator may alleviate some of these issues or concerns. And remember, even if you decide not to roll over your assets to your new employer’s plan, you could still establish and make contributions to the new plan, giving you the best of both worlds.

19. Reminder
Distributions from a company plan that are not eligible to roll over into an IRA include:
Required minimum distributions
Periodic payments scheduled for 10 years or more
Periodic payments based on certain life expectancies
Certain other distributions
Now, is everything in your retirement account eligible to be rolled over into an IRA? Maybe not.
Every distribution from a company plan is eligible to be rolled over, except required minimum distributions, periodic payments specified to be made over 10 years or more, payments based on certain life expectancies, and certain other distributions.
Under The Economic Growth and Tax Relief Reconciliation Act of 2001, after-tax contributions and earnings are now eligible to be rolled over if the new plan allows, and can account for it separately. However, check with your tax adviser for certain other distributions that may apply in your specific case.

20. Additional Factors to Consider
Size of the distribution
Retirement needs
Time horizon
Investment options
Asset allocation
Now, before making your final decision, take a moment to consider some additional factors.
The size of the distribution. Regardless of whether it’s $50,000 or $500,000, these funds are an integral part of your retirement plan. Understanding the tax impact can help determine the appropriate option for you.
Current and future needs. When will you need the money? How much do you want to retire with? If you are between jobs or nearing retirement, there may be a greater need for you to have flexibility and access to your funds.
Time horizons—how close are you to retirement? If you are several years away from retirement, you may want to continue to take advantage of tax-deferred investing to build up your nest egg. However, if you are close to retirement, you may want to consider how to help ensure an income stream.
Investment options and asset allocation. One other important factor to consider is the greater investment flexibility of a personal IRA. You may find that an IRA gives you broader investment choices, as well as more timely investment control. This can help you ensure that your funds maintain proper asset allocation designed to reach your retirement goals.

21. 457(b) Plans
If you are or were a government or state worker with a 457(b) governmental plan, you now have increased flexibility and expanded options
457(b) governmental plan assets can be rolled over into other defined contribution plans such as a 401(k), 403(b), and an IRA
You will have the ability to consolidate retirement accounts and actively control your investments
(Optional Slide)
If you are a government or state employee (or once were), you may be wondering how to take advantage of the benefits that we’ve just discussed.
Under the previous regulations, your choices were very limited. However, under The Economic Growth and Tax Relief Reconciliation Act of 2001, you are now able to roll over your 457(b) assets into another defined contribution plan such as a 401(k), 403(b), or an IRA.
This gives you:
-Increased flexibility and expanded investment options
-Ability to consolidate your retirement accounts
-Active control of your investment options

22. Internal Revenue Code Section 72(t): Substantially Equal Periodic Payments
Allows for periodic payments without 10% federal income tax penalty
Available through IRA or company plan
Not appropriate for everyone
(Optional Slide if audience previously indicated a need for income or have been laid off.)
As previously discussed, current income is a big consideration for some individuals. Often in cases involving separation of service, there will be a lump-sum retirement distribution that is involuntary. It is difficult to be forced into a situation in which you are suddenly without a source of income. And while you know that it may be a temporary situation and that you ought to keep these assets in a tax-deferred retirement plan or IRA, the reality is that you may need to tap into these assets until you can find a new job. In the same respect, recent retirees may also find themselves facing some of the same income concerns. It’s not easy.
Internal Revenue Code Section 72(t) allows individuals to take substantially equal periodic payments without subjecting that income to the 10% federal income tax penalty applied to premature distributions. (Such distributions are still subject to ordinary income tax.) This provision allows someone in the situation we just described to take income from these assets during the period between the loss of a job and finding a new one (or until retirement benefits begin), while preserving the bulk of the assets within the tax-deferred account for later use in retirement.
In order to take such distributions tax free, the withdrawals must be taken over a period of five years or until age 59½, whichever is longer, and must be in substantially equal periodic payments based on the individual’s life expectancy or on the joint life expectancy of the individual and his or her beneficiary.
Substantially equal periodic distributions may be taken from the IRA rollover you establish with the lump-sum distribution you receive, or you may take it directly from your previous employer’s plan.
This option may not be appropriate for everyone. However, if you would like more information on this or would be interested in running an analysis, please see me at the end of the seminar. While I am not a tax adviser, I would be happy to discuss this in more detail with you and your tax adviser.

23. Net Unrealized Appreciation (NUA)
Plan distributions of company stock
Taxed differently than lump-sum distributions
Use cost basis, not fair market value
Apply lower capital gains rate
(Optional slide if audience indicates they have company stock in their retirement plan. Note to representative: If this is a company-sponsored seminar, you should check with the Human Resources manager prior to the seminar to verify if this situation exists.)
How many of you have company stock as part of your corporate-sponsored plan?
Retirement distributions that include company stock require special consideration. Sometimes it may be more advantageous for a client to take the securities and move them into a regular investment account and pay taxes now, rather than roll them over to an IRA and pay taxes later.
Unlike a lump-sum distribution from a general account in which you would pay ordinary income tax on your account’s full value at the time of distribution, if you receive a distribution of company stock, you are taxed only on a portion of the stock’s value.
Generally, when dealing with company stock, you are only required to pay taxes on the cost basis of the stock (generally at the time it was contributed or allocated to the plan), not on what the stock is worth (also know as fair market value) at the time of distribution. The difference between the cost basis and the fair market value of the company stock at the time of the distribution from an employer-sponsored plan is called the Net Unrealized Appreciation, or NUA.
You are not required to pay taxes on the NUA until you sell the employer securities. The NUA is then taxed as long-term capital gains, which are generally taxed at a lower rate than ordinary income tax rates. This means that it may be more beneficial to receive a distribution of company stock than to roll it over to an individual retirement account, especially if the securities are highly appreciated.
If you need more information regarding managing your plan distribution involving company stock, please see me at the end of this seminar, and I’ll be happy to give you more information that you can review with your tax adviser.

24. Implementing a Successful Plan
As I said at the beginning, the purpose of this presentation was to provide information on the importance of planning for the future. You may have a need we didn’t discuss—after all, every situation is unique. While it’s not my intention tonight to sell you specific products and services, I’d be happy to work with you and answer any questions you may have. I do hope this material has provided food for thought. If I may, I’d just like to say a few words about how we may be able to address your personal financial needs.

25. The Importance of Professional Guidance
Retirement planning analysis
Personalized asset allocation
Sophisticated financial tools
Monitor your strategy
Smart investing begins with a plan—one that reflects your unique needs and goals, the time you have to achieve them, and your attitude toward risk. As you create your investment plan, the knowledge and experience of a financial professional can be a valuable advantage.
I can help you strike a realistic balance between your need to obtain a particular return from an investment and your tolerance for risk. I can help you put together a strategy that addresses your personal goals. Whether it’s handling a retirement plan rollover, investing in the stock market, or protecting your assets, I will use a variety of sophisticated tools and ask the right questions to find out what’s really important to you.
Once your program is in place, I can help you monitor your investment, make sure your asset allocation remains targeted to your goals, and adjust your plan to meet your changing needs.
Note: Financial professionals are not tax or legal advisers. You should consult your own tax or legal professional regarding your particular circumstances.

26. Investment Opportunities
A broad range of investment products
Experienced money managers
Investment-style discipline
Responsible risk management
Extensive organizational resources
In addition, as a financial professional, I offer a broad range of mutual funds, as well as a multi-manager variable annuity and managed money products.7
I have access to portfolio managers who are seasoned professionals and have witnessed many different market conditions. The managers of our most popular, successful funds each have a minimum of a decade of experience, some having 15, 20, or even 30 years of experience.
We adhere to strict investment disciplines that keep our funds from deviating from their investment or asset class. This is crucial for investors who are trying to build intelligent, diversified portfolios.
Although there can be no assurance that the investment objectives of a fund will be achieved, we manage our funds to seek consistent, superior risk-adjusted returns over the long term. In fact, our investment philosophy is not to take excessive risk in hope of landing on someone’s “top performers” list.
7Note: Managed money products may not be suitable for all investors.

27. For more information about a JennisonDryden Mutual Fund, call your financial professional for a free prospectus. You should consider the fund’s investment objectives, risks, and charges and expenses carefully before investing. The prospectus will contain this and other information about the investment company. Please read the prospectus carefully before investing.

28. Thank You
Financial professionals are not tax or legal advisers. Please consult your tax or legal adviser regarding your particular situation. Securities products and services are distributed by Prudential Investment Management Services LLC (PIMS), Three Gateway Center, 14th Floor, Newark, NJ PIMS is a Prudential Financial company and member SIPC.
Investment products:
JennisonDryden is a registered trademark of The Prudential Insurance Company of America.
are not insured by the FDIC or any federal government agency
may lose value
are not a deposit of or guaranteed by any bank or any bank affiliate
This concludes our seminar. I hope you found the information helpful. I tried to cover the basics to help you begin understanding the options available to you. Planning your retirement does not have to be difficult. As long as you plan ahead, do some research, evaluate your options, and take an appropriate course of action to help meet your goals, you will find it’s not much harder than planning your vacation.
If you have any questions, please stay after the seminar and I will try to answer them, or we can set up an appointment to meet privately. I also have additional information available that you may find helpful in understanding your options. Thank you for coming.
Note to financial professional: If this is a company-sponsored seminar, you should check with the Human Resources manager prior to the seminar to verify if this would be acceptable.
Securities products and services are distributed by Prudential Investment Management Services LLC (PIMS), Three Gateway Center, 14th Floor, 100 Mulberry Street, Newark, NJ PIMS is a Prudential Financial company and member SIPC.
Financial professionals are not tax or legal advisers. You should consult your own tax or legal adviser regarding your particular circumstances.
JennisonDryden is a service mark of The Prudential Insurance Company of America.