Investment products are offered through INFINEX Investments Inc. Member MASD/SIPC . Products and services made available through INFINEX are not insured by the FDIC or any other agency of the United States and are not deposits of obligations nor guaranteed or insured by any bank or affiliated.  These products are subject to investment risk, including the possible loss of value. Insurance products are offered through Central Ohio Financial Services, Inc. which was formerly Lorbach Insurance Agency and is in no way affiliated with INFINEX INVESTMENTS INC.

Securities offered through Infinex Investments, Inc., Member FINRA/SIPC

 

Meet Your Advisor Jim Hesseling 

Managing money has become increasingly complex.  You know you'll have to make some very careful decisions to assure your future will be financially secure.  To make these decisions wisely, you will need to understand all the financial options available and how to integrate various elements into a cohesive individualized plan.

At Infinex Financial Group located at The First National Bank of Waverly, you can obtain the professional advice of our Financial Advisor*, Jim Hesseling. You can count on the highest level of service and customized practical investment options.  There is no hard sell. No pressure.  Our only goal is to create a strategy and package of investment products that deliver the results you want.  

Infinex Financial Group* is located at 111 N. Market St in Waverly and 20 Executive Center Dr. in Chillicothe. Stop by for a private, no cost consultation with Jim Hesseling, our Financial Advisor or call 947-7711 for an appointment.

RETIREMENT PLANNING

Jim can assist you with retirement planning for the future or the present, by educating you about the following options:

Traditional IRA
A traditional IRA is a plan that may allow you to put money away on a pre tax basis (ie, you do not have to pay taxes on that money before you invest it) and let it grow tax deferred over time.  When you eventually take the money out of the traditional IRA you may have to pay taxes on the distribution at ordinary income tax rates. *

ROTH IRA
A ROTH IRA allows you to put after tax dollars in and grow tax deferred.  The great benefit of the ROTH IRA is that qualifying withdrawals are tax-free.  In addition there is no mandatory required distribution.

· Both IRA plans have maximum contribution limits and catch up provisions.

· Please consult a tax advisor or refer to IRS publication 590.

Rollovers
Direct Rollovers are from qualified plans to IRA’s. Direct Transfers are from IRA Custodian/Trustee to IRA Custodian/Trustee.

This is just the beginning.  There are many choices to be made with the investments with in the IRA and the distributions from the IRA.  Jim can meet with you to discuss the many benefits of IRA’s and find the solution that meets your goals.

BUSINESS RETIREMENT PLANS

SEP (Simplified Employee Pension Plan)
This is a retirement plan where the employer makes all contributions on behalf of the employees.  The plan is flexible and the plan is relatively easy to establish and administer.

SIMPLE (Savings Incentive Match Plans for Employees)
This plan is for companies with less than 100 employees, with no other qualified retirement plan.  The SIMPLE Plan is flexible and allows employees to contribute through payroll to a tax deferred plan in their name.

Individual 401(k)
This plan is available to self employed individuals and businesses with no full time W2 employees other than themselves or a spouse. 

401(k) plan
The 401(k) plan is a qualified plan that allows eligible employees to make salary deferred contributions on a pre tax basis.  This plan has testing and administrative requirements.

Profit Sharing Plan
This allows you to make discretionary contributions on behalf of your eligible employees and can vary your contribution amounts from year to year.

INVESTMENT OPTIONS

· Mutual Funds – Over 4,000 different funds to choose from.

· Stocks- Select from stocks listed on the New York, American, OTC and foreign exchanges.

· Bonds- Choose from tax-free municipal bonds, or U.S. government and corporate bonds.

· Life Insurance- Select from Term, Whole life or Variable Life.

· REIT’s- Discuss the benefits of real estate investment trusts.

· ETF- Select from a variety of exchange traded funds.

· Investment Advisory services- Managed money portfolios for individuals and trusts.

1031 exchanges
There is a provision in the tax code that allows proceeds from the sale of one piece of commercial real estate to be invested in shares of another piece of commercial real estate without a current tax consequence.  This can be particularly attractive if you have low cost basis in your property and do not want to manage the property any longer.  Each exchange program is a private placement and is specific to one piece of property.  Jim can assist you with any questions you may have in regard to these programs.

IT IS IMPORTANT that our customers understand that the products and the services made available through Infinex Financial Group are:

NOT A DEPOSIT • NOT FDIC-INSURED • NOT INSURED BY ANY FEDERAL GOVERNMENT AGENCY • NOT GUARANTEED BY THE BANK • MAY GO DOWN IN VALUE

* Investment products and services are offered through INFINEX INVESTMENTS INC., member FINRA/SIPC.  Infinex and The First National Bank of Waverly are not affiliated  Products and services made available through Infinex are not insured by the FDIC or any other agency of the United States and are not deposits or obligations of nor guaranteed or insured by any bank or bank affiliate.  These products are subject in investments risk, including the possible loss of value.

*Always consult your tax advisor about your personal situation.