FBRDirect is thrilled to be a Virginia Association of Realtors member services partner. We offer financial planning services for individuals to build and preserve wealth. FBRDirect offers a personal client relationship that can assist you in retirement planning, education funding, tax savings, and asset allocation.

Each VAR member is entitled to a reduced commission schedule and can have developed a custom-tailored investment planning and wealth building strategy.

Financial goals change over the years due to life events such as receiving an inheritance, marriage, birth, house purchase or change of job status. The savvy investor revisits and revises their financial plan as time goes by to reflect these changes to remain on track with their long-term goals.

To learn more about FBRDirect's financial planning and brokerage services. Please call 888.200.4350

- INDEPENDENT REALTORS -

Is your present retirement plan limiting you?

- Introducing -

The Individual 401(k) from FBRDirect

Offers small business owners and sole practioners such as Real Estate Brokers all the benefits of a big-company 401(k) without the administrative expense and complexity.

As and example, the Individual 401(k) plan maximizes contributions for a sole proprietor with earned income of less then $200,000 and incorporated business owners with compensation of less then $160,000 or less because they are eligible to contribute the maximum 25% profit sharing contribution and defer the maximum of $15,000.

Note: This chart is for demonstration purposes only. Actual contribution amounts may vary.

Prior to 2002, it made no sense for a small business to incur the high costs associated with a traditional 401(k) Profit Sharing plan. These plans were designed for large employers, whereas profit sharing, money purchase pension, SEP, and SIMPLE plans often made more sense for the small business owner. They allowed for the same employer contributions and lacked the high cost and administrative burden of the 401(k).

Now, with the Individual 401(k), the owner-only business may contribute more for retirement than ever before.

Because of the law changes made by EGTRRA, an employer can take a full deduction for elective deferrals in addition to the maximum 25% deduction allowed for a profit sharing contribution.

Please note, however, that the total contribution per individual cannot exceed the lesser of 100% of compensation or $44,000 annually. (If age 50 or older, an additional deductible $5,000 catch-up deferral is allowed and is not subject to these limits.)

Additional Benefits of the Individual 401(k) Include:

• ERISA protection from creditors
• Save more for your retirement with higher contribution maximums than traditional retirement plans can offer
• Contributions are fully-tax deductible (salary deferral contrubtion in addition to profit sharing contribution)
• No limit on roll-overs into the Individual 401(k) from other plans or IRA ’s
• Plan can be used by a business owner, his or her spouse if working at the business, and any partners in the business and their spouses who work at the business
• Investment Options - Unlike other retirement plans, investments for the Individual 401(k) are not limited to mutual funds. Because our Individual 401(k) is fully self-directed, the investor can select from the investments available in the brokerage account-stocks, bonds, and mutual funds
• Loans available - take a loan that is tax-free and penalty free from the Individual 401(k)
  

Why use us? - Comprehensive Plan Services that include:

• IRS approved prototype document
• Trustee Services
• Easy to complete Adoption Agreement
• Record keeping of contributions, distributions, and loan payments
• Compliance Services provided on an annual basis:
  • IRS Form 5500-EZ preparation
  • Testing of 402(g) deferrals and 415 contribution limits
  • IRS Form 1099-R for distributions
  • Required Minimum Distribution (RMD)
    

Additional advantages of working with FBRDirect include:

• Retirement Planning (Individual 401(k)s, IRAs, SEP IRA)
• College Planning
• Money Management Programs
• Direct Access to Licensed Professionals
• Real-time quotes, market news, company profiles, customizable charts
• Personalized streaming portfolio tool with level II data
• Free Research
• Personalized Portfolio Management Tools
• More than 10,000 Mutual Funds, Including No Transaction Fee (NTF) Funds
• Account access with MS Money and Quicken

Reduced fees * exclusive to VAR members ONLY - be sure to mention VAR

If you already have an account with FBRDirect, please call us at 888.200.4350, Option 4, so your account can be set up as a Virginia Association of REALTORS® (VAR) member.

Scurities products are offered through FBR Investment Services, Inc. Member FINRA/SIPC. 1001 19th St. North, Arlington, VA 22209.