Chrome CSS Drop Down Menu

Call Us
(877) 656 9111

Laser Financial Group Samuel N. Asare
Books and Reports Videos Articles Press Releases Media Room
FAQs Ask Us Your Question
CPE Credit Media Kit Important Links Code of Ethics Privacy Policy
Press Release

Book Slams 401(k)s and Similar Plans; Suggests Investors Pursue Radically Different Alternatives

Contact Information:

Laura Orsini/ (877) 656-9111 / info@laserfg.com / www.laserfg.com

KENSINGTON, MARYLAND. May 18, 2010 - – If Americans were to gain a complete understanding of traditional qualified plans such as 401(k)s and 403(b)s, the vast majority would prefer alternative plans, says Samuel N. Asare, a senior financial strategist with the DC-area Laser Financial Group, LC., and the author of a new book, Is Your 401K a Trap?

“Most of the literature available to those planning for retirement focuses rather heavily on the contribution and growth phases, highlighting the benefit of tax deferral without adequately explaining the equally important – if not most critical – phases of distribution for income and transfer to heirs,” comments Asare, who has also authored 5 Mistakes Your Financial Advisor is Making.

Across the board, retirement investors seem to have little to no understanding of the tax implications for their qualified plan dollars. With the strong likelihood of tax increases on their retirement horizons, it is imperative for investors to clearly comprehend all their available options. “But how many investors out there understand that during retirement, their 401K income could cause up to 85 percent of their Social Security checks also to become taxable?” questions Asare.

This free, educational, quick-read book presents the facts in an easy-to-understand format to help investors assess their retirement planning options by focusing on the complete retirement cycle: before, during and after. Laser Financial Group welcomes requests from individuals and organizations interested in securing copies of the book as a free educational resource.

About Samuel N. Asare:

A senior financial strategist with Laser Financial Group, Asare is a maverick in personal finance, specializing in retirement-income planning. He is the creator of the “Common-Sense Wealth Building Series,” and a regular columnist and commentator for various trade, professional and regional publications.

Asare holds an MBA and is a Chartered Retirement Planning Counselor (CRPC), a Charted Mutual Fund Counselor (CMFC), a Certified Treasury Professional (CTP), and a Certified Business Manager (CBM).

###


1 2

Laser Financial Group LC BBB Business Review

Call Us
(877) 656 9111

Linkedin twitter facebook Youtube

Home | Our Solutions | Blog | Presentations | Consultation | Your Questions | Books & Reports | Videos | Laser Financial Group | Samuel N. Asare | Media Kit | Articles | Press Releases | CPE Credits | Media Room | Important Links | Code of Ethics | Privacy Policy | Contact Us

This website is for informational purposes only. All opinions expressed are solely those of Laser Financial Group, LC., and our editorial staff. The information is not to be construed as any form of professional advice, nor as solicitation for the purchase or sale of any security, whatsoever. No particular outcome is guaranteed. No strategy can guarantee a profit, protect against loses, or ensure peace of mind. Recommendations are based solely on third party insurance products for which we receive compensation. Laser Financial Group, LC, does not provide investment advisory services. This does not constitute an offer to provide services in any jurisdiction in which such offer or solicitation would be unlawful under the laws of such jurisdiction. Any United States tax reference on this website is not intended to be used, and cannot be used for the purpose of avoiding penalties under the Internal Revenue Code, or promoting or recommending to another party anything addressed herein.

All Rights Reserved - Laser Financial Group, LC. 2008 - 2017

website by transNETMedia.com