Montoursville Location:

4092 Lycoming Mall Dr
ive
Montoursville, PA 17754
Phone: 570-546-4999
Fax: 570-546-3322
Toll-Free: 1-888-440-4099

Selinsgrove Location:

320 North Market Street
Selinsgrove, PA 17870
Phone: 570-374-7888
Fax: 570-374-7333
Toll-Free: 1-877-260-3822

 



Most people look forward to the day they can retire. No more daily grind. No more meetings. No more stress. But what about the uncertainties of a bad market? You’ve probably put some money away for retirement—but what about making sure that money lasts?

An annuity could give you the safety net you’re looking for.

Annuities might be a foreign concept, but once you understand the basics, things get pretty simple.

In the same way mutual funds simplify diversifying your investments, annuities simplify getting your money when you actually need it—in retirement. They're a way to help make sure you can have a steady stream of income, even if the market doesn't exactly perform the way you want it to.

Annuities work like this. You pay money to an insurance company, and then they invest it. Over time, they'll pay you back while offering tax advantages. You won't pay taxes until the earnings on the funds are paid out to you. You choose how much you'll contribute, when you want to start receiving payments, and how long they need to last.

The upside is that there aren't many surprises. There's an income you can count on month after month, and in a good market, some annuities earn positive returns for a higher payout.

 

IRAs are the talk of the town—and for good reason. Many people are finding it tough to save for retirement these days, but IRAs make it a little easier. Keep reading to learn more.

IRAs are a type of account designed to help you save for retirement. If you're not familiar, it might be a little confusing. But once you understand the basic concept, you'll be able to see how IRAs can really get you on the right path to retirement.

Here's how they work. Think of an IRA as a basket. Once you have one, you pick investments to put in it—mutual funds, stocks, bonds, CDs, and annuities. Because they're in the IRA "basket," they're protected from some taxes. And that adds up to the potential to earn more money.

 

No matter what you're saving for—a new home, retirement, or just a rainy day—mutual funds can help you reach your goals by giving you an easy way to participate in the stock market.

In America alone, about 91 million people in more than 53 million households have nearly $9 trillion invested in mutual funds. So, what are mutual funds? And what makes them so popular?

A lot of people invest in mutual funds, and it's pretty easy to see why they're so popular. A mutual fund is a simple way to diversify. In other words, they help minimize your risk by not putting all your eggs in one basket.

So what do you need to know about mutual funds?

A mutual fund is a pool of investments usually a combination of stocks, bonds, and cash instruments. They are bought and sold by an investment company based on the goals of the fund. The risk, size of the company and industry are all things the fund manager thinks about when making investment decisions.

When you put money in a mutual fund, you're basically buying a small amount of each investment in the fund's portfolio. You're counting on the company that creates the fund to investigate industries to invest in based on the fund's investment strategy and decide which ones to invest in.

Now that you know what a mutual fund is, check out four of the most common types of mutual funds:

  • Stock mutual funds

  • Bond mutual funds

  • Money-market mutual funds

  • Target-date retirement funds

Investors should consider a fund's investment objectives, charges, expenses, and risks carefully before investing. More information about the fund is available in the prospectus, which should be read carefully before investing.