In the News

April 20, 2005

For Release: Immediate

NorState Federal Credit Union Hosts Retiree Survival Kit Seminar

Madawaska, ME - Financial Planner Jack Leonard and NorState Federal Credit Union will host a Retiree Survival Kit Seminar for members at the Madawaska Senior Citizens' Center on Main Street, Thursday, May 19th at 5:30PM. The event is open to the public, free of charge, and hors d'oeuvres will be served.

Jack Leonard received his MBA from Bryant College and, following his stint as a Navy pilot, served as a management consultant with a Big Eight accounting firm in budget and finance. Prior to joining Northeast Planning Associates in 1999, he developed Trust and Estate accounting reports and tax returns, witnessing the results of some very successful financial plans. You may put your confidence in his abilities to help those in the community work toward achieving financial independence and manage resources for retirement. Leonard is pleased to team with NorState Federal Credit Union to host the Retiree Survival Kit Seminar. As an integrated partner, Northeast Planning Associates provides NorState credit union members with access to financial planning services.

The session will focus on how to avoid the mistakes many retirees make and how to plan for retirement early. Each household will receive a complimentary booklet by noted financial author Stephen Leimburg, "10 Most Common Retirement Planning Mistakes".

Topics covered will include:

• The truth about long-term care insurance - Why you may not need it.
  
  
• How your children can inherit your IRA - Not the IRS
  
  
• How to save taxes on your IRA and make it completely federal income tax free
  
  
• Learn why taking money from the wrong account can be a disaster and how to avoid it
  
  
• How to potentially have more money to spend now and leave more to your heirs
  
  
• What you can and need to do now to potentially save money under the new tax laws.

Space at this seminar will be given on a first come, first serve basis. Advance registration is required by calling 207-728-7555.

Northeast Planning Associates was established in 1958. Today, the firm operates 21office locations and has 139 associates, staff and financial advisors who service individuals, business owners and professionals throughout New Hampshire, Vermont, Massachusetts, and Maine. Headquartered in Bedford, New Hampshire at 43 Constitution Drive, Northeast Planning Associates is a Registered Investment Advisor providing financial planning services and investment analysis. For more information, please call 1-800-255-8452.