CONTACT US
Enter your Name, Email Address and a short message. We'll respond to you as soon as possible.
Abraham Kevin Spann, CLTC, FLMI
Personal Financial Representative
Abraham Kevin Spann & Sons Agency
64-77 Dry Harbor Road
Middle Village, NY 11379
Bus: 718-381-1400
Cell: 347-837-7095
Fax: 347-824-2394
Email: kevinspann@allstate.com
Website: agents.allstate.com/abraham-kevin-spann-middle-village-ny
Suzanne H. Nitzberg, CFP®
Personal Financial Representative
Investment Advisory Representative
March/April 2023
Is a New Employer in Your Future
Starting a job at a new company can be an exciting opportunity. Before you clean out your desk and say good-bye to your coworkers, review the items on the checklist below.
Your Retirement Account.
You can:- Leave the money in your former employer's plan, if the employer allows;
- Have funds directly transferred to your new employer's plan or an IRA. Consider rolling over HSA funds to your new health account as well;
- Cash out of the plan. However, if you opt for cash, you need to pay income taxes at your ordinary rate and if you are younger than 59 1/2, you will pay a 10% penalty.
Stock Options.
If stock owneship is part of your compensation find out the stock type, tax implications, vesting schedule, and what will happen to the stock if you leave the company.Benefits.
Review your new employer's insurance and benefit plans to determine if benefits match what you currently have.Flexible Spending Account.
Use any money left in your FSA before you leave the company so you don't lose it.
Securities offered by Personal Financial Representatives through Allstate Financial Services, LLC (LSA Securities in LA and PA). Registered Broker-Dealer. Member FINRA, SIPC. Main Office: 151 N 8th Street, Suite 450, Lincoln, NE 68508. (877) 525-5727.
Allstate Financial Services, LLC 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.
The information and opinions contained in this web site are obtained from sources believed to be reliable, but their accuracy cannot be guaranteed. The publishers assume no responsibility for errors and omissions or for any damages resulting from the use of the published information. This web site is published with the understanding that it does not render legal, accounting, financial, or other professional advice. Whole or partial reproduction of this web site is forbidden without the written permission of the publisher.