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Brought
to you by:
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| Hurlbut Insurance Services
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About Our Firm:
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Bringing you 39 years of experience to help meet your needs in the areas of life insurance, health insurance, disability insurance, long term care insurance, cancer insurance, fixed annuities, group insurance and employee benefit plans.
You may also want to check out HEB Health Insurance for no obligation health insurance quotes.
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| QUOTES from the
Masters... |
| On Desire/Motivation |
On Experience |
| "The
best motivation is self-motivation. The guy says, 'I wish someone would
come by and turn me on.' What if they don't show up? You've got
to
have a better plan for your life." -- Jim Rohn
"Desire
is the starting point of all achievement, not a hope, not a wish, but a
keen pulsating desire which transcends everything." -- Napoleon
Hill
"The
only real limitation on your abilities is the level of your
desires.
If you want it badly enough, there are no limits on what you can
achieve." -- Brian Tracy
"The
difference between the impossible and the possible lies in a man's
determination." -- Tommy
Lasorda
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"Life
is a succession of lessons which must be lived to be understood."
-- Ralph Waldo Emerson
"Experience
is an asset of which no worker can be cheated, no matter how selfish or
greedy his immediate employer may be." -- Napoleon
Hill
"Take
time to gather up the past so that you will be able to draw from your
experiences
and invest them in the future." -- Jim Rohn
"Develop
wisdom in sales by reflecting on your experience, and learning
everything
you can from every call." -- Brian Tracy
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2009 Qualified
Plan Contribution/Benefit Limitations:
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Type
of Plan
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Maximum
Deductible 2009 Contributions/Benefits
(only
the first $245,000 of compensation can be used in applying these limits)
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| Money
Purchase Pension Plan |
Annual additions cannot
exceed the lesser of 100% of the participant's compensation or $49,000. |
| Profit-Sharing
Plan |
Annual additions to individual
plan participants cannot exceed the lesser of 100% of the participant's
compensation or $49,000. |
| 401(k)
Plan |
Employer contributions:
Up to 15% of covered payroll.
Elective employee
deferrals:
$16,500 ($22,000 if age 50 or older)
Allocation limits:
Total of employer contributions and elective employee deferrals cannot
exceed the lesser of 100% of a participant's compensation or $49,000. |
| Simplified
Employee Pension (SEP) Plan |
Annual additions cannot
exceed the lesser of 25% of the participant's compensation or $49,000. |
| SIMPLE
Plan (401(k) or IRA) |
Maximum annual salary reduction
deferral: $11,500 ($14,000 if age 50 or older) |
| Target
Benefit Pension Plan |
Annual additions cannot
exceed the lesser of 100% of the participant's compensation or $49,000. |
| Defined
Benefit Pension Plan |
Benefit provided cannot
exceed the lesser of 100% of the average of the participant's highest
three
consecutive years of compensation or $195,000. |
| Tax-Sheltered
Annuity |
Maximum annual salary reduction:
$16,500 ($22,000 if age 50 or older) |
| Section
457 Plan |
Maximum annual deferral:
$16,500 ($22,000 if age 50 or older) |
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NOTE:
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Withdrawals from a qualified
plan prior to age 59-1/2 may be subject to a 10% early withdrawal
penalty,
as well as taxation. |
Are you taking
full advantage of the power of tax deductions and tax-deferred
accumulations
in your retirement planning?
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|
| MESSAGES
from
the Masters... |
WHAT
ARE YOU WAITING FOR? by Paul J. Meyer
Are
you waiting for some special deal at the end of a
month...or at the end of a quarter...or at the end of some calendar
date?
IF
SO, WHY?
There
is a far better way:
Accept
personal responsibility for your own life...
Accept
personal responsibility for your own failure...
Accept
personal responsibility for your own success.
The
way OUT OF THE DEPENDENCY on expecting someone else to motivate you to
take action with some special deal is to really, really accept
responsibility
for your own daily activity in your business!
This
means YOU initiating action...
It
means being personally responsible for your actions each day:
Making
"x" number of calls a day...do it now!
Making
so many presentations a day...do it now!
Getting
in on some three-way calls for recruiting each day...do it now!
Getting
leads for prospects from each person you sell...do it now!
and...
Have
a goal to do some activity every day in your business.
Then
the local meetings, the regional meetings, and the national meetings
are
not the cake itself. Rather, they become the frosting on the cake.
These
events will then help you get twice as much...or five times as
much...benefit
if you have been responsible for doing all you could have done on a
daily
basis. You will have momentum going into these recruiting meetings,
event
weekends, training weekends...
IN
OTHER WORDS...
STOP WAITING...
TAKE ACTION NOW! |
We
don't want to add to your e-mail clutter! If you do not enjoy
my
newsletter, just reply to this e-mail and ask to be removed or call my
office. Thanks!
The purpose
of this newsletter
is to provide information of general interest to our clients, potential
clients and other professionals. The information provided is
general
in nature and should not be considered complete information on any
product
or concept described. For more complete information, please
contact
my office at the phone number above.
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