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A&F Financial Securities

Specializing in investments, A&F Financial Securities, Inc. offers an array of products and client services. With a focus on customer satisfaction, A&F Financial Securities provides investors and corporations with appropriate products to meet monetary needs. Mutual funds, municipal bonds, life insurance, stocks, initial public offerings, and money market accounts enable clients the opportunity to build diversified portfolios. Additionally, A&F Financial Securities offers investments in variable annuities, government bonds, custodial accounts, and individual retirement arrangements. Maintaining office branches in Mount Dora, Florida, and Smithtown, New York, A&F Financial Securities’ headquarters are located in Syosset, New York. A&F Financial Securities holds memberships in the Securities Investor Protection Corporation (SIPC), and the Financial Industry Regulatory Authority (FINRA). At no extra charge, A&F Financial Securities’ affiliation with SIPC enables individual clients’ assets valued up to $500,000 to be protected from loss. A&F Financial Securities values relationships built out of trust and respect, and features a team comprised of brokers, and financial professionals. As a rapidly expanding company, the firm currently seeks new and senior brokers. With more than 40 years of combined industry experience, the professionals at A&F Financial Securities lead by example, teaching incoming producers about client care and trade expertise. The company offers new hires a paid training program and full sponsorship of Series 7 and Series 63 exams. A&F Financial Securities aims to accommodate new employees, promising a paid salary until the recent hire earnings offset commissions, and providing profit-sharing and health plans. To learn more about the services offered by A&F Financial Securities, visit affinancial.com, or call 877-783-3838.

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Locations

  • 6901 Jericho Turnpike, Suite 217
    Syosset, New York 11791
 

Documents

  • A&F Financial Securities: Retirement Planning for the Self-Employed
    by A & F Financial Securities

    If you are self-employed, then your retirement planning strategies may differ from traditionally employed individuals, who have regular Social Security insurance withdrawn from checks and may have the opportunity to contribute to employee retirement plans such as a 401(k). A&F Financial Securities provides expertise in the area of investing and financial planning, and offers the following information about retirement investing options for the self-employed.

    1. Keogh Plans: Also known as HR(10) plans, Keogh plans allow self-employed and unincorporated businesses to set aside up to 25 percent of their annual income, capped at $49,000, on a tax-deferred basis. The plans operate like other qualified retirement plans, and investors can withdraw without penalties beginning at the age of 59.5.

    2. Simplified Employee Pension Individual Retirement Accounts (SEP IRA): These tax-deferred individual retirement accounts limit contribution to $49,000 per year. Penalties exist for early withdrawal before the age of 59.5.

    3. Roth Individual Retirement Accounts (Roth IRA): Unlike a tax-deferred retirement contribution, the money deposited into Roth IRAs gets taxed before withdrawal and earnings. Roth IRAs provide one source of tax-free income during retirement. Depending upon a contributor’s age, the annual contribution limit is $5,000.

    4. Owner-Only 401(k) Plan: The self-employed who own and are the only employee of their businesses can contribute to a solo 401(k) plan as both the employer and the employee. The tax-deferred plan allows employer contributions to 25 percent of annual compensation up to $245,000, as well as individual deposits of $16,500 as a salary deferral. Both employer and employee contributions are tax-deferred.