Thursday, July 23, 2015

What is MEDICARE and MEDICARE supplement insurance? Find out more in these videos...

What is MEDICARE and MEDICARE supplement insurance

Find out more in these videos.Click link below to watch them...



Leif Hagen, CLU, ChFC 
LPL Financial Advisor 
Helping people pursue 
financial independence and 
specializing in 



LPL Financial Advisor
Call Leif Hagen @ 651-209-6350
Securities offered through LPL Financial
Member FINRA/SIPC

For a list of states in which
we are registered to do business, 
please visit:

http://www.Facebook.com/HagenFN



Call for a FREE QUOTE

651-209-6350

or visit




#HagenFN #LPLFinancialAdvisor #FinancialPlanner #FinancialPlannerEaganMN #FinancialPlanner55122
#Medicare #MedicareSupplementalInsurance #Medicareinsurance
#MedicarePartD #WealthManagementEagenMN #FinancialAdviserEagenMN #FinancialAdvisorEaganMN
#MEDICAREforSeniors.info
#MEDICAREforMOM.info
Financial Advisor Eagan MN, Financial Adviser Eagan MN
Medicare For Seniors Info

Wednesday, July 22, 2015

How do you move forward with your investments?


Are you wanting to move forward with your investments?


Watch the video above to discover more!
Or click the link below to go to the playlist
and watch the videos...



Leif Hagen, CLU, ChFC 
LPL Financial Advisor 
Helping people pursue 
financial independence and 
specializing in 
Medicare supplement insurance. 



Hagen Financial Network 
LPL Financial Advisor
Call Leif Hagen @ 651-209-6350
Securities offered through LPL Financial
Member FINRA/SIPC

For a list of states in which
we are registered to do business, 
please visit:


#HagenFN #LPLFinancialAdvisor #FinancialPlanner #FinancialPlannerEaganMN #FinancialPlanner55122
#Medicare #MedicareSupplementalInsurance #Medicareinsurance
#MedicarePartD #WealthManagementEagenMN #FinancialAdviserEagenMN #FinancialAdvisorEaganMN
#MEDICAREforSeniors.info
#MEDICAREforMOM.info
Financial Advisor Eagan MN, Financial Adviser Eagan MN
Medicare For Seniors Info

Monday, July 20, 2015

ARE YOU MISSING OUT ON A POSSIBLE TRIPLE TAX ADVANTAGE?


Peek of the Week

July 20, 2015

The Markets

Investors around the world breathed a sigh of relief last week.

It wafted many markets higher. The NASDAQ jumped by more than 4 percent. The Standard & Poor’s 500 Index gained 2.4 percent. France’s national benchmark index rose 4.5 percent, Germany’s was up 3.2 percent, Italy’s increased by 3.6 percent, and China’s Shanghai Composite was up 2.1 percent. So, what happened?

Global markets stabilized.

First, the Chinese stock market staunched its wounds and recovered some value, which eased investors’ worries. According to Barron’s, by the end of the week, the Shanghai Composite Index was up 13 percent from its early July low. The market’s recovery owed much to Chinese government intervention. BloombergBusiness explained:

“Chinese policy makers have gone to unprecedented lengths to put a floor under the market as they seek to bolster consumer confidence and prevent soured loans backed by equities from infecting the financial system. Over the past few weeks, they’ve banned large shareholders from selling stakes, ordered state-run institutions to buy shares, and let more than half of the companies on mainland exchanges halt trading.”

Investors also were appreciative when Greece reached an agreement with its creditors. It accepted austerity measures, which voters had soundly rejected with a ‘no’ vote on July 5 to forge a bailout agreement with European Union (EU) leaders.

That doesn’t mean the Greek debt debacle is over. Late last week, the International Monetary Fund issued a memo indicating it would not support a bailout for Greece unless significant debt relief was involved. Neither the EU nor the European Central Bank is interested in forgiving Greek debt. In fact, that was one of the main reasons negotiations with creditors failed the first time around.



Data as of 7/17/15
1-Week
Y-T-D
1-Year
3-Year
5-Year
10-Year
Standard & Poor's 500 (Domestic Stocks)
2.4%
3.3%
8.6%
16.0%
14.7%
5.7%
Dow Jones Global ex-U.S.
1.7
3.9
-5.3
8.1
4.7
3.1
10-year Treasury Note (Yield Only)
2.4
NA
2.5
1.5
3.0
4.2
Gold (per ounce)
-2.3
-5.5
-13.0
-10.6
-0.8
10.4
Bloomberg Commodity Index
-1.8
-6.5
-25.0
-11.6
-5.1
-4.7
DJ Equity All REIT Total Return Index
0.9
-1.4
7.5
9.3
14.5
7.1
S&P 500, Dow Jones Global ex-US, Gold, Bloomberg Commodity Index returns exclude reinvested dividends (gold does not pay a dividend) and the three-, five-, and 10-year returns are annualized; the DJ Equity All REIT Total Return Index does include reinvested dividends and the three-, five-, and 10-year returns are annualized; and the 10-year Treasury Note is simply the yield at the close of the day on each of the historical time periods.
Sources: Yahoo! Finance, Barron’s, djindexes.com, London Bullion Market Association.
Past performance is no guarantee of future results. Indices are unmanaged and cannot be invested into directly. N/A means not applicable.

Are you missing out on a possible triple tax advantage?
If you have a high deductible health insurance plan and you’re not contributing the
maximum to a health savings account (HSA), then you may be missing out. A study
cited by The Washington Post found just one in 20 people with HSAs take full advantage
of the opportunity.

In general, HSAs offer three tax benefits:

Contributions are federally tax-deductible up to certain limits
($3,350 for a single person and $6,650 for a family in 2015;
add $1,000 to those limits if you’re age 55 or older).

Any interest earned on money in an HSA grows tax-deferred.

Withdrawals used to pay qualified medical expenses are income tax free.

Tax advantages aren’t the only reason to open an HSA. Money set aside in these
accounts can be used to pay health insurance deductibles as well as qualified
medical expenses. Although, according to The New York Times, determining
which products can be purchased with HSA savings can be confusing:

“Under a change enacted with the Affordable Care Act, most over-the-counter drugs, like common allergy medications or pain relievers, are HSA-eligible
only if you get a prescription for them from your doctor. On the other hand,
items like sunscreen and contact lens solution are eligible for purchase – without a prescription – with your HSA funds.”

HSA assets also can be used to pay health insurance premiums (if workers are
receiving unemployment benefits) and long-term care premiums.

It’s important to make sure HSA funds are used for qualified expenses because
any money withdrawn for non-qualified expenses is taxed as ordinary income,
plus a 20 percent penalty tax is assessed if the account holder is younger than age 65.

That brings us to another advantage provided by HSAs. Kiplinger.com explained
money not spent during the contribution year remains in the account. Any earnings
grow tax-deferred and the savings that accumulate may be used for qualified medical
expenses in the future or, once the account holder reaches age 65, for living expenses.
In the latter case, withdrawals may be taxed as ordinary income.

Weekly Focus – Think About It

“In theory there is no difference between theory and practice. In practice there is.
                                                                   --Yogi Berra, American baseball player


Best regards,

 Leif  M. Hagen
Leif  M. Hagen, CLU, ChFC                                                                       
LP Financial Advisor

P.S.  Please feel free to forward this commentary to family, friends, or colleagues. If you would like us to add them to our list, please reply to this e-mail with their e-mail address and we will ask for their permission to be added.

P.S.S. Also, please remind your friends and family members becoming Medicare eligible that we offer Medicare insurance and Part D options with NO CHARGE to work with me as their agent.



Securities offered through LPL Financial Inc.,
Member FINRA/SIPC.
 


Please FOLLOW and “LIKE US” on FACEBOOK.com/HagenFN


Please Follow our Tweets on Twitter.com/SafeLeif

                                                                                               
* This newsletter was prepared by Peak Advisor Alliance. Peak Advisor Alliance is not affiliated with the named broker/dealer.
* The Standard & Poor's 500 (S&P 500) is an unmanaged group of securities considered to be representative of the stock market in general. You cannot invest directly in this index.
* The Standard & Poor’s 500 (S&P 500) is an unmanaged index. Unmanaged index returns do not reflect fees, expenses, or sales charges. Index performance is not indicative of the performance of any investment.
* The 10-year Treasury Note represents debt owed by the United States Treasury to the public. Since the U.S. Government is seen as a risk-free borrower, investors use the 10-year Treasury Note as a benchmark for the long-term bond market.
* Gold represents the afternoon gold price as reported by the London Bullion Market Association. The gold price is set twice daily by the London Gold Fixing Company at 10:30 and 15:00 and is expressed in U.S. dollars per fine troy ounce.
* The Bloomberg Commodity Index is designed to be a highly liquid and diversified benchmark for the commodity futures market. The Index is composed of futures contracts on 19 physical commodities and was launched on July 14, 1998.
* The DJ Equity All REIT Total Return Index measures the total return performance of the equity subcategory of the Real Estate Investment Trust (REIT) industry as calculated by Dow Jones.
* Yahoo! Finance is the source for any reference to the performance of an index between two specific periods.
* Opinions expressed are subject to change without notice and are not intended as investment advice or to predict future performance.
* Economic forecasts set forth may not develop as predicted and there can be no guarantee that strategies promoted will be successful.
* Past performance does not guarantee future results. Investing involves risk, including loss of principal.
* You cannot invest directly in an index.
* Consult your financial professional before making any investment decision.
* Stock investing involves risk including loss of principal.
* To unsubscribe from the “Peek of the Week”, please reply to this email with “Unsubscribe” in the subject line, or write us at: Hagen Financial Network, Inc. 4640 Nicols Road, Suite 203; Eagan, MN 55122.

Sources:
http://online.barrons.com/mdc/public/page/9_3063-economicCalendar.html (Click on U.S. & Intl Recaps, International Perspective “Risk aversity fades,” then scroll down to Global Stock Market Recap chart) (or go to http://peakclassic.peakadvisoralliance.com/app/webroot/custom/editor/07-20-15_Barrons-Global_Stock_Market_Recap-Footnote_1.pdf)


HAGEN FINANCIAL NETWORK

HAGEN FINANCIAL NETWORK
Hagen Financial Network, Inc

Follow by Email

MEMBER FINRA/SIPC

Securities offered through LPL Financial.
Member FINRA/SIPC. The LPL Financial Registered Representatives associated with this site may only discuss and/or transact securities business with residents of the following states: MN, WI, IA & LA.
www.HAGENFN.com
www.FINRA.com
www.SIPC.com

Google+ Badge

Google+ Followers

FIND US - Directions

Follow our TWEETS

Followers

Translate