Services for Union Members, Their Families and Retired Members:
Comprehensive Information & Education Programs
A key eliment of our commitment is to educate clients and potential clients through investment seminars on a monthly, bi-monthly, quarterly and bi-annual basis. These scheduled events will be held in various Union Halls and other locations convenient and comfortable for members, retirees and their families. UAF and other subject experts will deliver sessions covering basic investments, market condition updates, investment planning, retirement planning and other key topics. In addition, look at our Web Site. It too, is dedicated to investment and financial services education.
Personal Financial Planning
We perform an in-depth evaluation of your financial profile. This includes an assessment of every aspect of your financial life and provides you with detailed, interactive recommendations. Plans include Investment Management, Retirement and Estate Planning, cash flow analysis, education funding, and tax management strategies.
Diversification is one of the most critical components of any financial plan. It is an investment approach for a balanced, well-allocated portfolio, in which your assets are apportioned among various investment types, such as stocks, bonds, and cash equivalents. We utilize an on-going disciplined approach for individualized Investment Strategies that we call “Our Four-Step Process”.
Retirement Plan Distribution Analysis
For investors who are about to receive a lump-sum distribution from a qualified retirement plan, this process can help you minimize taxes, maximize returns, meet current tax law requirements, and avoid the 20% withholding. This is not a task for the do-it-yourselfer. A small mistake can be catastrophic. Please keep in mind that UnionAdvantage Financial, LLC is not a tax advisor, but we have partners that we can refer you to.
Retirement Income Analysis
Will your current investments allow you to retire when you choose? A UAF advisor will perform a retirement income analysis to help determine your retirement income. If the analysis indicates that your current investments are not sufficient for your retirement goals, we will discuss alternatives that may be more suitable to you in light of your individual risk tolerance and investment objectives.
Education Funding Analysis
Do you plan to fund the education of your children or grandchildren? Our education funding analysis will determine the amount that you should invest, either as a lump sum or in periodic contributions. Important to consider is the type of school, either public or private; the time horizon until the start of school, and the investment returns needed to accumulate the required capital. We can also assist in the financial aid process, assuring that your child or grandchild receives their fair share of financial aid.
Estate Preservation and Charitable Giving
At a person’s demise, there can be tremendous expenses such as estate taxes and probate, which if not planned for can create an overwhelming financial burden on those who are left behind. We will work with you to develop a strategy that will enable you to pass your assets to your heirs in the most tax efficient manner. For the philanthropic, we will do the same while benefiting your favorite charity, foundation, or alma mater.