Full Disclosure

Investment advisory and financial planning services offered through GRP Financial Services, LLC, a SEC Registered Investment Advisor. Insurance, coaching, and education services offered through Gosline Retirement Planning Inc. Gosline Retirement Planning Inc is an affiliated entity of GRP Financial Services, LLC.

© GRP Financial Services, LLC. Registration with the SEC or state does not constitute an endorsement of GRP Financial Services, LLC by regulators, nor does it indicate that the adviser has attained a particular level of skill or ability. This content is for informational purposes only and does not intend to make an offer or solicitation for sale or purchase of any securities. Investing involves risk, including the potential loss of principal. No investment strategy, such as asset allocation or diversification, can guarantee a profit or protect against loss in periods of declining values. All investment strategies involve risk and have the potential for profit or loss. Changes in investment strategies, contributions or withdrawals, and economic conditions may materially affect the performance of your portfolio. There are no assurances that a portfolio will match or outperform any particular benchmark. Investors should carefully consider the investment objectives, risks, fees and expenses before investing. Neither GRP Financial Services, LLC nor Gosline Retirement Planning Inc provides tax or legal advice. Please consult with your tax or legal professional regarding specific issues prior to making a tax or legal decision.

While GRP Financial Services, LLC may provide information relative to taxes, insurance and estate planning, the Registered Investment Advisor does not offer tax, insurance, or legal services. Any decisions relative to these topics should be discussed with a tax, insurance or legal professional prior to implementation. As required by the IRS, you are advised that any discussion of tax issues in this material is not intended or written to be used, and cannot be used, (a) to avoid penalties imposed under the Internal Revenue Code or (b) to promote, market or recommend to another party any transaction or matter addressed herein. All tax information is provided for illustrative purposes only, does not reflect an actual investor, and is not intended to predict your specific tax liabilities. Tax rates vary based on your situation and change over time.

Ed Slott’s Advisory Group is a group of financial professionals who pay a fee to attend a seminar that explores regulations, tax updates, and other issues regarding individual retirement accounts. It does not qualify a financial professional to provide investment recommendations or advice. These are the opinions of Ed Slott & Company and not necessarily those of GRP Financial Services, LLC, are for informational purposes only, and should not be construed or acted upon as individualized investment advice. While tax and legal issues may be discussed in the general course of financial and investment planning GRP Financial Services, LLC, does not provide tax or legal advice. Please consult with your tax or legal professional prior to making decisions relative to these issues. Ed Slott & Company and GRP Financial Services, LLC, are separate and unaffiliated entities.

The Retirement Income Certified Professional (RICP®) is a professional designation awarded by The American College of Financial Services®. Individuals who hold the designation have completed a course of study encompassing the many aspects of retirement planning such as building a retirement income portfolio, income strategy, risks, long-term care needs and tools for estate and legacy planning. Additionally, individuals must successfully complete the course requirements. All designees have agreed to adhere to the Code of Ethics and Procedures outlined by The American College and are subject to a disciplinary process. Designees renew their designation every two years by completing 30 hours of continuing education, reaffirming adherence to the Code of Ethics and Procedures, and complying with self-disclosure requirements.

National Social Security Advisor Certificate Program (NSSA) is a certification created by the National Social Security Association, a for-profit entity. The NSSA Certificate Program grants a Certificate to those who complete the one-day course and pass the proctored assessment. NSSA is independently accredited by The Institute in Credentialing Excellence (ICE). NSSA is not affiliated with, nor endorsed by, the Social Security Administration or any governmental agency.

Links and references to other websites and third-party content providers are offered for your convenience. We do not necessarily prepare, monitor, review, or update the information provided by third parties. We make no representation or warranty with respect to the completeness, timeliness, suitability, or reliability of the referenced content.

An Annuity is a long-term financial product designed largely for asset accumulation and retirement needs. Annuities generally contain fees and charges which include, but are not limited to, surrender charges, administrative fees, and optional contract riders and benefits. Withdrawals and death benefits are subject to income tax. If withdrawals and other distributions are received prior to age 59 ½, a 10% penalty may apply. Annuities typically carry surrender charges for several years that may be assessed against withdrawals. Certain Annuity product features, offered by some Annuity companies, such as a stepped-up death benefit, a bonus credit, and a guaranteed minimum income benefit, carry added fees. If you are investing in an Annuity through a tax-advantaged plan such as an IRA, you will get no added tax advantage. Under these circumstances, you should only consider buying an Annuity if it makes sense because of the Annuity’s other features, such as lifetime income payments and death benefit protection. All guarantees of an Annuity are backed by the claims-paying ability of the issuing insurer.

Any comments regarding safe or secure investments or guarantees of income refer only to fixed insurance products and do not refer in any way to securities or investment advisory products. Fixed index annuities with income riders are long-term investments and are not a direct or indirect investment in the stock market and while protecting principal against all stock market losses, will in almost all cases earn a lower rate of return than the stock market in positive stock market growth years, meaning you will not receive full stock market participation. Income riders in a fixed index annuity may provide a specified and guaranteed lifetime income amount and a specified and guaranteed “roll-up rate” that increases the guaranteed minimum withdrawal benefit which increases future guaranteed lifetime income but is not available in a lump sum. Fixed income annuities typically contain a margin/spread/asset or administrative fee that subtracts a set percentage from the gain in the index being tracked. These features reduce your return in the same way that a direct fee would even if the annuity is called a “no fee” annuity. Income riders will typically carry an annual fee of approximately 1%, and your fee could be higher or lower. Principal guarantees, lifetime income guarantees, and guaranteed death benefits discussed are backed by the financial strength and claims-paying ability of the issuing insurance company.