By Garry Keiller, The Nakamun Group, Edmonton Some defined benefit pension plans offer the option, under certain circumstances, such as retirement or termination of employment prior to age 55, to transfer a lump sum value to an individual retirement account. This lump sum payout is the “commuted value”, and is the present value of future [...]
Category Archives: ADVISOR Newsletter Articles
By Floyd Murphy, CFP, CLU, CHFC, The Nakamun Group, Vancouver When somebody dies, family and friends want to do something to help the closest loved one(s), and with the best of intentions can inadvertently cause estate chaos. An action-oriented relative might take on notifying the deceased’s banks, others might contact credit card companies, insurance holders, [...]
By Garry Keiller, The Nakamun Group, Edmonton Hoping for an early refund, many people file their income tax return in March, and then have to file an amendment when more information arrives in the mail in April.
By R.A. (Bob) Challis, CFP, RHU, TEP, The Nakamun Group, Winnipeg A new scam has surfaced in Canada. Anyone who owns, plans to purchase, or even has no interest whatsoever in life insurance can be targeted. Be suspicious of anyone offering to pay your premiums for life insurance or give you money in connection with [...]
By Garry Keiller, The Nakamun Group, Edmonton With criminals becoming more and more sophisticated in their scamming methods, you might be comforted to know that your Nakamun Advisor stands between the savings we manage on your behalf and any unauthorized person trying to access these accounts.