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December, 2015

When a Saver Marries a Spender, Every Penny Counts Couples who have opposite philosophies regarding saving and spending often have trouble finding common ground. Thinking of yourselves as two sides of the same coin may help you appreciate your financial differences.
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Give Your Retirement Plan an Annual Checkup If you haven’t revisited your employer-sponsored retirement savings plan yet in 2015, the end of the year may be an ideal time to do so.
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Periodic Review of Your Estate Plan An estate plan should be reviewed periodically, especially after a major life event.
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What is a phased retirement?

 

In its broadest sense, a phased retirement is a gradual change in your work patterns as you head into retirement.More Details

Are federal employees eligible for phased retirement?

Federal employees may have the option to enter into a phased retirement if their agency allows it.More Details

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This information, developed by an independent third party, has been obtained from sources considered to be reliable, but Raymond James Financial Services, Inc. does not guarantee that the foregoing material is accurate or complete. This information is not a complete summary or statement of all available data necessary for making an investment decision and does not constitute a recommendation. The information contained in this report does not purport to be a complete description of the securities, markets, or developments referred to in this material. This information is not intended as a solicitation or an offer to buy or sell any security referred to herein. Investments mentioned may not be suitable for all investors. The material is general in nature. Past performance may not be indicative of future results. Raymond James Financial Services, Inc. does not provide advice on tax, legal or mortgage issues. These matters should be discussed with the appropriate professional.

Securities offered through Raymond James Financial Services, Inc., member FINRA/SIPC, an independent broker/dealer, and are not insured by FDIC, NCUA or any other government agency, are not deposits or obligations of the financial institution, are not guaranteed by the financial institution, and are subject to risks, including the possible loss of principal.

This communication is strictly intended for individuals residing in the state(s) of AK, CA, CT, DE, FL, GA, IL, IN, IA, KY, LA, MI, NE, NH, NM, NY, NC, OH, PA, RI, SC, TX and VA. No offers may be made or accepted from any resident outside the specific states referenced.

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November, 2015

Don’t Forget About Year-End Investment Planning

Careful evaluation of your investment portfolio at
the end of the year may help you meet your long-term goals more efficiently.

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Think Twice Before Counting on a COLA

The rising costs of food, gas, electricity, and health care can strain anyone’s budget. The situation is even worse if your living expenses increase while your income stays the same, because your purchasing power will steadily decline over time. That’s why cost-of-living adjustments, or COLAs, are especially valuable to retirees and others living on fixed incomes.

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Dealing with Medical Billing Issues

Due to the complex nature of today’s medical billing industry, it’s difficult for many consumers to know exactly what they will end up having to pay for medical services or treatments.

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How do I change or revoke a will?

A will remains valid until properly revoked or superseded. Changing or revoking a will must be done very carefully.

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What do I need to do to create a will?

A will must generally be signed, dated, and witnessed in accordance with the laws of the appropriate state.

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This information, developed by an independent third party, has been obtained from sources considered to be reliable, but Raymond James Financial Services, Inc. does not guarantee that the foregoing material is accurate or complete. This information is not a complete summary or statement of all available data necessary for making an investment decision and does not constitute a recommendation. The information contained in this report does not purport to be a complete description of the securities, markets, or developments referred to in this material. This information is not intended as a solicitation or an offer to buy or sell any security referred to herein. Investments mentioned may not be suitable for all investors. The material is general in nature. Past performance may not be indicative of future results. Raymond James Financial Services, Inc. does not provide advice on tax, legal or mortgage issues. These matters should be discussed with the appropriate professional.

Securities offered through Raymond James Financial Services, Inc., member FINRA/SIPC, an independent broker/dealer, and are not insured by FDIC, NCUA or any other government agency, are not deposits or obligations of the financial institution, are not guaranteed by the financial institution, and are subject to risks, including the possible loss of principal.

This communication is strictly intended for individuals residing in the state(s) of AK, CA, CT, DE, FL, GA, IL, IN, IA, KY, LA, MI, NE, NH, NM, NY, NC, OH, PA, RI, SC, TX and VA. No offers may be made or accepted from any resident outside the specific states referenced.

 

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October, 2015

Six Common 401(k) Plan Misconceptions

Some things you think you know about your 401(k) plan may not be true.

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2015 Year-End Tax Planning Basics

Effective year-end planning depends on a good understanding of both your current circumstances and how those circumstances might change next year.
But the window of opportunity for many potential tax-savings moves closes on December 31.

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Frequently Asked Questions on Opening a 529 Plan Account

529 plans are savings vehicles tailor-made for college. Anyone can open an account, lifetime contribution limits are typically $300,000 and up, and 529 plans offer federal and sometimes state tax benefits if certain conditions are met. Here are some common questions on opening an account.

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My employer now offers wellness benefits as part of its employee benefits package. But what are they?

Today, many employers are offering wellness benefits as part of an overall employee benefits package.

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How do I compare my health insurance options during open enrollment?

The decisions you make during open enrollment season regarding health insurance are especially important, since you generally must stick with the options you choose until the next open enrollment season.

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This information, developed by an independent third party, has been obtained from sources considered to be reliable, but Raymond James Financial Services, Inc. does not guarantee that the foregoing material is accurate or complete. This information is not a complete summary or statement of all available data necessary for making an investment decision and does not constitute a recommendation. The information contained in this report does not purport to be a complete description of the securities, markets, or developments referred to in this material. This information is not intended as a solicitation or an offer to buy or sell any security referred to herein. Investments mentioned may not be suitable for all investors. The material is general in nature. Past performance may not be indicative of future results. Raymond James Financial Services, Inc. does not provide advice on tax, legal or mortgage issues. These matters should be discussed with the appropriate professional.

Securities offered through Raymond James Financial Services, Inc., member FINRA/SIPC, an independent broker/dealer, and are not insured by FDIC, NCUA or any other government agency, are not deposits or obligations of the financial institution, are not guaranteed by the financial institution, and are subject to risks, including the possible loss of principal.

This communication is strictly intended for individuals residing in the state(s) of AK, CA, CT, DE, FL, GA, IL, IN, IA, KY, LA, MI, NE, NH, NM, NY, NC, OH, PA, RI, SC, TX and VA. No offers may be made or accepted from any resident outside the specific states referenced.

Prepared by Broadridge Investor Communication Solutions, Inc. Copyright 2015.

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September, 2015

Correlation and Portfolio Performance

The concept of correlation often plays a role in constructing a well-diversified portfolio that strikes a balance between risk and return. In the financial world, correlation is a statistical measure of how two securities perform relative to each other.

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Six Life Insurance Beneficiary Mistakes to Avoid

Naming your life insurance policy’s beneficiaries should be a relatively simple task. However, there are a number of situations that can easily lead to unintended and adverse consequences.

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Taxes, Retirement, and Timing Social Security

While tax deferral is often a good strategy, sometimes it may make more sense to take taxable distributions from retirement plans in the early years of retirement while deferring the start of Social Security retirement benefits.

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I’ve recently changed my legal name. Do I need to change my name on my Social Security card?

Whenever an individual legally changes his or her name, it is important to contact the Social Security Administration (SSA) as soon as possible.

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How can I protect my Social Security number from identity theft?

Your Social Security number is one of your most important personal identifiers. As a result, you’ll need to take steps to guard it carefully.

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This information, developed by an independent third party, has been obtained from sources considered to be reliable, but Raymond James Financial Services, Inc. does not guarantee that the foregoing material is accurate or complete. This information is not a complete summary or statement of all available data necessary for making an investment decision and does not constitute a recommendation. The information contained in this report does not purport to be a complete description of the securities, markets, or developments referred to in this material. This information is not intended as a solicitation or an offer to buy or sell any security referred to herein. Investments mentioned may not be suitable for all investors. The material is general in nature. Past performance may not be indicative of future results. Raymond James Financial Services, Inc. does not provide advice on tax, legal or mortgage issues. These matters should be discussed with the appropriate professional.

Securities offered through Raymond James Financial Services, Inc., member FINRA/SIPC, an independent broker/dealer, and are not insured by FDIC, NCUA or any other government agency, are not deposits or obligations of the financial institution, are not guaranteed by the financial institution, and are subject to risks, including the possible loss of principal.

This communication is strictly intended for individuals residing in the state(s) of AK, CA, CT, DE, FL, GA, IL, IN, IA, KY, LA, MI, NE, NH, NM, NY, NC, OH, PA, RI, SC, TX and VA. No offers may be made or accepted from any resident outside the specific states referenced.

 
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August, 2015

Financial Mistakes People Make at Different Ages

There’s a saying that with age comes wisdom, but this may not always be true in the financial world. As people move through different life stages, there are new opportunities–and potential pitfalls–around every corner.

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Five Ways to Manage Risk in Your Retirement Savings Plan

Your employer-sponsored retirement savings plan is a convenient way to help you accumulate money for retirement. But choosing to participate is just one important step. Another key to making it work for you is managing risk in your portfolio.

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The Cost of Credit
Sometimes you need to borrow money, especially to pay for a large purchase such as a home or a car. It’s easy to focus on your monthly loan payment, but to appreciate how much borrowing money might really cost, you also need to consider the amount of interest you’ll pay over time.
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What return are you really earning on your money?

To translate a given rate of return into actual income or growth potential, you’ll need to understand the difference between nominal return and real return.

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What is asset allocation?

Balancing how much of each asset class should be included in your portfolio is a critical task. That balance between growth, income, and safety is called your asset allocation.

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This information, developed by an independent third party, has been obtained from sources considered to be reliable, but Raymond James Financial Services, Inc. does not guarantee that the foregoing material is accurate or complete. This information is not a complete summary or statement of all available data necessary for making an investment decision and does not constitute a recommendation. The information contained in this report does not purport to be a complete description of the securities, markets, or developments referred to in this material. This information is not intended as a solicitation or an offer to buy or sell any security referred to herein. Investments mentioned may not be suitable for all investors. The material is general in nature. Past performance may not be indicative of future results. Raymond James Financial Services, Inc. does not provide advice on tax, legal or mortgage issues. These matters should be discussed with the appropriate professional.

Securities offered through Raymond James Financial Services, Inc., member FINRA/SIPC, an independent broker/dealer, and are not insured by FDIC, NCUA or any other government agency, are not deposits or obligations of the financial institution, are not guaranteed by the financial institution, and are subject to risks, including the possible loss of principal.

This communication is strictly intended for individuals residing in the state(s) of AK, CA, CT, DE, FL, GA, IL, IN, IA, KY, LA, MI, NE, NH, NM, NY, NC, OH, PA, RI, SC, TX and VA. No offers may be made or accepted from any resident outside the specific states referenced.

Prepared by Broadridge Investor Communication Solutions, Inc. Copyright 2015.

To opt-out of future emails, please click here.

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June, 2015

It’s Complicated: Money and Happiness

Does more wealth lead to more happiness? Researchers have tackled this question for decades, and although the results have differed, one fact is certain: the relationship between money and happiness is complicated.

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Planned Charitable Giving

Today more than ever, charitable institutions stand to benefit as the first wave of baby boomers reach the stage where they’re able to make significant charitable gifts.

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Millennials vs. Boomers: How Wide Is the Gap?

When it comes to finances, there may not be as much difference between baby boomers and millennials as you might expect.

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How important are dividends in the S&P 500’s total returns?

Dividend income has represented roughly one-third of the total return on the Standard & Poor’s 500 since 1926, and in years when the index performs poorly, the contribution of dividends can be even more dramatic.

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Are stock dividends reliable as a source of income?

Dividends can be an important source of income. However, there are several factors you should take into consideration if you’ll be relying heavily on them to help pay the bills.

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This information, developed by an independent third party, has been obtained from sources considered to be reliable, but Raymond James Financial Services, Inc. does not guarantee that the foregoing material is accurate or complete. This information is not a complete summary or statement of all available data necessary for making an investment decision and does not constitute a recommendation. The information contained in this report does not purport to be a complete description of the securities, markets, or developments referred to in this material. This information is not intended as a solicitation or an offer to buy or sell any security referred to herein. Investments mentioned may not be suitable for all investors. The material is general in nature. Past performance may not be indicative of future results. Raymond James Financial Services, Inc. does not provide advice on tax, legal or mortgage issues. These matters should be discussed with the appropriate professional.

Securities offered through Raymond James Financial Services, Inc., member FINRA/SIPC, an independent broker/dealer, and are not insured by FDIC, NCUA or any other government agency, are not deposits or obligations of the financial institution, are not guaranteed by the financial institution, and are subject to risks, including the possible loss of principal.

This communication is strictly intended for individuals residing in the state(s) of AK, CA, CT, DE, FL, GA, IL, IN, IA, KY, LA, MI, NE, NH, NM, NY, NC, OH, PA, RI, SC, TX and VA. No offers may be made or accepted from any resident outside the specific states referenced.

Lorna No Comments

May, 2015

How Does Divorce Affect Social Security Retirement Benefits? One of the challenges of planning for retirement is that an unexpected event, like divorce, can dramatically change your retirement income needs. If you were counting on your spouse’s Social Security benefits to provide some of your retirement income, what happens now that you’re divorced?
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Avoiding Probate: Is It Worth It? When you die, your estate goes through a process that
manages, settles, and distributes your property according to the terms of your
will. This process is governed by state law and is called probate. Usually,
everything goes smoothly during the probate process as long as the executor
does what needs to be done in a timely fashion and there are no family
squabbles. Nevertheless, some people may want to avoid this process.
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Self-Directed IRAs A self-directed IRA isn’t a different type of IRA.
Rather, the term refers to any individual retirement
account (traditional or Roth) that allows you to direct
the investment of your IRA assets into nontraditional
investments.
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Am I liable for unauthorized transactions on my debit card? Federal law provides consumers with protection against most unauthorized credit- and debit-card transactions.
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What is this new chip-card technology I’ve been hearing about in the news? In recent years, data breaches at major retailers have increased across the United States. As a way to counteract these data breaches, many U.S. credit-card companies have started implementing a more secure chip-card technology called EMV (which is short for Europay, Mastercard, and Visa).
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This information, developed by an independent third party, has been obtained from sources considered to be reliable, but Raymond James Financial Services, Inc. does not guarantee that the foregoing material is accurate or complete. This information is not a complete summary or statement of all available data necessary for making an investment decision and does not constitute a recommendation. The information contained in this report does not purport to be a complete description of the securities, markets, or developments referred to in this material. This information is not intended as a solicitation or an offer to buy or sell any security referred to herein. Investments mentioned may not be suitable for all investors. The material is general in nature. Past performance may not be indicative of future results. Raymond James Financial Services, Inc. does not provide advice on tax, legal or mortgage issues. These matters should be discussed with the appropriate professional.

Securities offered through Raymond James Financial Services, Inc., member FINRA/SIPC, an independent broker/dealer, and are not insured by FDIC, NCUA or any other government agency, are not deposits or obligations of the financial institution, are not guaranteed by the financial institution, and are subject to risks, including the possible loss of principal.

This communication is strictly intended for individuals residing in the state(s) of AK, CA, CT, DE, FL, GA, IL, IN, IA, KY, LA, MI, NE, NH, NM, NY, NC, OH, PA, RI, SC, TX and VA. No offers may be made or accepted from any resident outside the specific states referenced.

 

Lorna No Comments

April, 2015

Retirement Withdrawal Rates During your working years, you’ve probably set aside
funds in retirement accounts such as IRAs, 401(k)s,
and other workplace savings plans, as well as in
taxable accounts. Your challenge during retirement is
to convert those savings into an ongoing income
stream that will provide adequate income throughout
your retirement years.
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When Your Child Asks for a Loan, Should You Say Yes? You raised them, helped get them through school, and now your children are on their own. Or are they? Even adult children sometimes need financial help. But if your child asks you for a loan, don’t pull out your checkbook until you’ve examined the financial and emotional costs.
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How Does Your 529 Plan Stack Up Against the Competition? If you’re one of
the millions of parents or grandparents who’ve invested money in a 529 plan,
now may be a good time to see how your plan stacks up against the
competition. Mediocre investment returns, higher-than-average fees, limited
investment options and flexibility–these factors might lead you to conclude that you could do better with another 529 plan or a different college savings option altogether.
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I owe a large amount of money to the IRS. Can I pay what I owe in installments?

If you are in the unenviable position of owing a large amount of money to the IRS, you may be able to pay what you owe through an installment agreement with the IRS.More Details

Will I have to pay a penalty tax if I don’t have qualifying health insurance? If you don’t have qualifying health insurance you may have to pay a penalty tax unless you qualify for an exemption.
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This information, developed by an independent third party, has been obtained from sources considered to be reliable, but Raymond James Financial Services, Inc. does not guarantee that the foregoing material is accurate or complete. This information is not a complete summary or statement of all available data necessary for making an investment decision and does not constitute a recommendation. The information contained in this report does not purport to be a complete description of the securities, markets, or developments referred to in this material. This information is not intended as a solicitation or an offer to buy or sell any security referred to herein. Investments mentioned may not be suitable for all investors. The material is general in nature. Past performance may not be indicative of future results. Raymond James Financial Services, Inc. does not provide advice on tax, legal or mortgage issues. These matters should be discussed with the appropriate professional.

Securities offered through Raymond James Financial Services, Inc., member FINRA/SIPC, an independent broker/dealer, and are not insured by FDIC, NCUA or any other government agency, are not deposits or obligations of the financial institution, are not guaranteed by the financial institution, and are subject to risks, including the possible loss of principal.

This communication is strictly intended for individuals residing in the state(s) of AK, CA, CT, DE, FL, GA, IL, IN, IA, KY, LA, MI, NE, NH, NM, NY, NC, OH, PA, RI, SC, TX and VA. No offers may be made or accepted from any resident outside the specific states referenced.

Lorna No Comments

March, 2015

Points to Consider If Your Retirement Goal Seems Out of Reach What if you’re investing as much as you can for retirement, but your goal still seems out of reach? Don’t panic–consider these points.
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Last-Minute Tax Tips It’s that time of year again–tax filing season.
Fortunately, even for us procrastinators, there is still time to take advantage
of some last-minute tax tips.
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The Cost of Waiting Starting to save early means your money has more time to go to work for you. Even if you can only afford to set aside small amounts, compounding earnings can make them really add up. It’s never too late to begin, but as this illustration shows, the sooner you start, the less you may need to rely solely on your own savings to build your total nest egg.

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How much can I contribute to my IRA in 2015? The combined amount you can contribute to your traditional and Roth IRAs remains at $5,500 for 2015, $6,500 if you’re 50 or older.
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Is there a new one-rollover-per-year rule for 2015? The IRS has adopted a stricter interpretation of the one-rollover-per-year rule, starting in 2015.
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This information, developed by an independent third party, has been obtained from sources considered to be reliable, but Raymond James Financial Services, Inc. does not guarantee that the foregoing material is accurate or complete. This information is not a complete summary or statement of all available data necessary for making an investment decision and does not constitute a recommendation. The information contained in this report does not purport to be a complete description of the securities, markets, or developments referred to in this material. This information is not intended as a solicitation or an offer to buy or sell any security referred to herein. Investments mentioned may not be suitable for all investors. The material is general in nature. Past performance may not be indicative of future results. Raymond James Financial Services, Inc. does not provide advice on tax, legal or mortgage issues. These matters should be discussed with the appropriate professional.

Securities offered through Raymond James Financial Services, Inc., member FINRA/SIPC, an independent broker/dealer, and are not insured by FDIC, NCUA or any other government agency, are not deposits or obligations of the financial institution, are not guaranteed by the financial institution, and are subject to risks, including the possible loss of principal.

This communication is strictly intended for individuals residing in the state(s) of AK, CA, CT, DE, FL, GA, IL, IN, IA, KY, LA, MI, NE, NH, NM, NY, NC, OH, PA, RI, SC, TX and VA. No offers may be made or accepted from any resident outside the specific states referenced.

Lorna No Comments

February, 2015

Key Numbers for 2015 Here are a few key cost-of-living adjustments announced by the IRS for 2015, along with corresponding 2014 figures.
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10 Financial Terms Everyone Should Know Understanding financial matters can be difficult if you don’t understand the jargon. Becoming familiar with these 10 financial terms may help make things clearer.
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Should Life Insurance Be Part of Your Retirement Plan? Here are some situations where life insurance may make some sense for retirees, or those close to retirement.
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Should I be worried about a Federal Reserve interest rate hike? Any Fed rate hike is likely to have an impact on the value of any bond investments you may have. If you’re worried about that, here are some factors you may want to consider.
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How can I try to manage the impact of an interest rate hike? With higher interest rates a distinct possibility in 2015, you may want to consider which types of bonds might be most vulnerable to a rate hike.
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Refer a friend
This information, developed by an independent third party, has been obtained from sources considered to be reliable, but Raymond James Financial Services, Inc. does not guarantee that the foregoing material is accurate or complete. This information is not a complete summary or statement of all available data necessary for making an investment decision and does not constitute a recommendation. The information contained in this report does not purport to be a complete description of the securities, markets, or developments referred to in this material. This information is not intended as a solicitation or an offer to buy or sell any security referred to herein. Investments mentioned may not be suitable for all investors. The material is general in nature. Past performance may not be indicative of future results. Raymond James Financial Services, Inc. does not provide advice on tax, legal or mortgage issues. These matters should be discussed with the appropriate professional.

Securities offered through Raymond James Financial Services, Inc., member FINRA/SIPC, an independent broker/dealer, and are not insured by FDIC, NCUA or any other government agency, are not deposits or obligations of the financial institution, are not guaranteed by the financial institution, and are subject to risks, including the possible loss of principal.

This communication is strictly intended for individuals residing in the state(s) of AK, CA, CT, DE, FL, GA, IL, IN, IA, KY, LA, MI, NE, NH, NM, NY, NC, OH, PA, RI, SC, TX and VA. No offers may be made or accepted from any resident outside the specific states referenced.