Brock Norton - Central Financial Group

Today let us honor those who were lost on this day 23 years ago with a simple act of kindness towards one another. We must live each day in honor of their sacrifice. ❤🇺🇸

Happy Labor Day! Mark Twain and Confucius once said “If you love your job, you’ll never work a day in your life.” Today we celebrate all the hard working people in our amazing country. Thank you for everything you do every single day! 👨‍🌾👷‍♂️👮‍♂️👨‍💼👨‍🚒

Happy financial awareness day! Here are some great tips to make sure you stay on top of your finances! 💰☑️

Happy Financial Awareness Day!
Being financially aware is an important skill for anyone and everyone. Having financial awareness can help limit the stress of your finances and help you make informed decisions with your money and investments. Talk with your advisor today to check in on your financial awareness!

Happy 4th of July!

The Fort Dodge office will be closed today as well as July 5th in observance of the holiday. We will reopen on Monday July 8th. 🦅 🇺🇸

Father's Day may be one day a year, but fathers work every day to keep their families safe and strong. Thank you to everything you do for your family year round! We appreciate everything you do! ❤🫂💪

Thankful to have these great ladies working in our offices! We are grateful for all you do!

Yesterday this group of bright women got together for their annual meeting. They keep our offices running smoothly and are the biggest supporters of our business!

👩‍💼They are keeping updated on industry trends
🏆Sharing their Successes
✍️Creating best practices
🤝And most importantly, providing our clients with the BEST possible service around.

Thank you for all you do!

Life events impact your Life Insurance. Call today to review your coverage!

There are many heroes being honored today for their sacrifice. Thank you all for making the ultimate sacrifice to keep our country safe and free. 🇺🇸

🫵 Check it out! Join our Central Financial Group Fort Dodge team!

www.linkedin.com

⭐️ Tradition
🏆 Loyalty
✔️ Trust

Central Financial Group has been located in Fort Dodge, IA for 4️⃣0️⃣ years and continues to be a stable part of the community thanks to our experienced advisors and loyal clients!

If you are located in the area and are looking to begin your financial journey - contact us at 515-955-0607 or stop by our office!

📍Located at📍
301 S 25th St.
Fort Dodge, IA 50501

www.centralfinancialgroup.com

We are breaking down the different annuity options out there. First up ▶️ FIXED ANNUITIES

With fixed annuities, you make one or several payments to an annuity company, which in turn, promises to pay you a fixed return on your contributions no matter how markets are performing.

What are the perks of a fixed annuity? They are considered one of the most basic types of annuity contracts and offer a simple yet dependable source of investment income for your retirement plan.

We are happy to answer any questions about a fixed annuity! Follow the link to connect with us https://1l.ink/LF3ZN4V

What is an annuity? Simply put, it is a contract that requires regular payments for more than one full year to the person entitled to receive the payments (annuitant). 📆 Annuities can be purchased by an individual or with the help of the individual’s employer. There are several different options when it comes to annuities, and we understand it can be overwhelming.

Let us help you identify what your options are and how you could potentially benefit from an annuity. 💸 Reach out today 👉 https://1l.ink/LF3ZN4V

Wondering what the differences are between a Roth IRA and a traditional IRA? Let’s take a look If you’re ready to learn more - connect with us today! https://1l.ink/G35PG84

Do you want to start planning for the future but aren’t sure where to start? 📆 We understand - it can be overwhelming! 😧 Here is a simple breakdown to get you on the right path:

Age 50 ➡️ You are eligible to make catch-up contributions to 401(k)s or IRAs. In 2023, that is an extra $6,500 to your 401(k) plus $1,000 to your IRA.
Age 55 ➡️ If you are eligible to participate in a health savings account (HSA), you are entitled to $1K in catch-up contributions.
Age 59 1/2 ➡️ You can roll over your 401(k) into an IRA plus you qualify to make withdraws from your 401(k) and IRA without being penalized.
Age 62 ➡️ This is the earliest age you are eligible to sign up for Social Security, but it will result in a lifelong reduction of your monthly payments.
Age 65 ➡️ You are eligible for Medicare
Age 70 ➡️ It's time to start claiming Social Security if you haven't already. Delayed retirement credits stop accruing, so there is no longer a financial gain in holding off.
Age 73 ➡️ This is when required minimum distributions, or RMDs, kick in on traditional IRAs and pre-tax money in 401(k)s. You can always withdraw more than the required minimum. Keep in mind these withdraws will be included in your taxable income unless it has already been taxed or can be received tax-free. RMDs do not apply to Roth IRAs or non-qualified accounts.

Are you new to our website? 🖥️ You can quickly locate team members by selecting the drop-down option under Our Team. Once you select the office location you are looking for, you will be redirected to the location's page and each team member available at that location. You will find contact info and a short bio. Follow the link to get started👉 https://1l.ink/FW34F57

Happy 4th of July! Today, we celebrate America! 🔴⚪🔵

Happy Mother's Day to all my favorite Moms!💜

Happy Easter from our team at CFG!

Ready to increase your nest egg? Here are some great tips to help you get started!

🪺 Pay yourself first - Create your financial plan, and then build your life around it.
🪺 Take advantage of compound interest - The sooner you start investing your money the more growth potential you will have.
🪺 Diversify your portfolio - Buy stocks with large and small companies, invest in an IRA, contribute to your 401k
🪺 Max out your 401k - If you can't max it out, be sure to contribute enough to receive your employer match contributions.

If you have questions on any of these growth opportunities, feel free to contact us today! We are just a call or click away 💸 https://1l.ink/FW34F57

The maximum contribution IRA has increased to $6,500 in 2023, which means it's time to adjust your monthly contributions to account for the extra $500.

Still haven't maxed out your 2022 contributions? No worries. You have until April 18th to contribute $6,000 for 2022.

Happy Valentine's Day! Be sure you are taking care of your loved ones by having a will or trust and an adequate life insurance policy in place.

The age for required minimum distributions (RMD) has been increased from age 72 to 73 for those born in the years 1951-1959 and to age 75 for those born in 1960 or later.

Have questions? Need guidance on saving for your retirement? 👉 https://1l.ink/QGMRKSG

Starting in January 2024, there are new guidelines for 529 plans allowing funds to be rolled over into a Roth IRA for the student. The rollover is tax and penalty free for 529 plans that have been in place for at least 15 years. The rollover amount per year will be the same as the contribution limit for Roth IRA and the lifetime contribution limit is $35,000.

What are the benefits of this new rollover? Many individuals who have a 529 plan or have considered opening a 529 plan are concerned that their children might not go to college resulting in a loss of saved funds. Rolling over these funds into a Roth IRA ensures these funds won't go to waste. Get started today - you need to have the 529 plan in place for 15 years! https://1l.ink/QGMRKSG