Craig Lundquist's Financial Sense E-Delivery

Craig Lundquist, MBA, ChFC^®, CRPC^®†

Senior Wealth Advisor

Wealth Advisors

Located at Ideal Credit Union

8499 Tamarack Rd., Woodbury, MN 55125

Phone: 651-773-2876

Email: craig.lundquist@cunamutual.com

Summer 2021

Trending Now: Roth IRA Rollovers

Tax-free withdrawals* and no required minimum distributions (RMDs) at any age are two characteristics that make Roth individual retirement accounts (IRAs) popular with investors. Current relatively favorable tax rates have made rollovers from traditional IRAs an option to consider. But, as with any investment, it’s important not to rush into a rollover without first considering the possible effects of such a move.

Balancing Act Account

Online banking and mobile banking apps may have made it easier to keep track of your checking account balance, but it’s still important to make sure your records match your bank statement.

Women: Know Your Finances

It’s a fact: Statistically, women live longer than men.* Also, women are often less confident than men about making financial and investing decisions. As a woman, taking a proactive role in planning your financial future may help you achieve a comfortable retirement lifestyle.

The Importance of Managing Cash Flow

Successful cash management is the first step in having sufficient funds to meet your business’s financial obligations. Cash planning allows you to add inventory, expand to new locations and take additional steps to grow your business. It requires the attention and expertise of everyone on your management team.

Disability Insurance - Who Needs It?

Disability insurance generally provides an income benefit if you can’t work because of an illness or injury. You may think this won’t happen to you, but according to the Council for Disability Awareness, one in four 20-year-olds will become disabled before they retire. Back injuries, cancer, heart disease, and other illnesses are responsible for the majority of long-term absences.

Stick to Your True North

When your life is a little hectic, it may be tempting to disregard everything you know about smart investing. But abandoning a well-considered investment strategy in reaction to current events may undermine your plans for your financial future. Review these tried-and-true investing tips before you make a move.

Slow and Steady Wins the Race

The hare in the fable thought he could be first to the finish line, even though he started the race late. Likewise, hare investors wait until they’re earning higher wages before they set money aside for retirement.

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Representatives are registered, securities sold, advisory services offered through CUNA Brokerage Services, Inc. (CBSI), member FINRA/SIPC , a registered broker/dealer and investment advisor, which is not an affiliate of the credit union. CBSI is under contract with the financial institution to make securities available to members. Not NCUA/NCUSIF/FDIC insured, May Lose Value, No Financial Institution Guarantee. Not a deposit of any financial institution. †CRPC® is a registered service mark of the College for Financial Planning®. Ideal Credit Union and LTM Marketing Specialists LLC are unrelated companies. This publication was prepared for the publication’s provider by LTM Client Marketing, an unrelated third party. Articles are not written or produced by the named representative.

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