Manage Assets
Incapacity
Draw Assets - Income
Transfer Wealth - Legacy
Potpourri
100
A strategy of selling securities at a loss to offset a capital gains tax liability.
What is tax-loss harvesting?
100
Any person appointed to hold property, authority, or a position of trust or responsibility for the benefit of another
What is trustee/co-trustee?
100
Great way to supplement pension plans and IRAs with a guaranteed source of income
What is a personal annuity?
100
This represents the maximum premium allowed to be paid into a life insurance policy in each of the first 7 years. Anything more will make the policy a Modified Endowment Contract.
What is the initial Seven-Pay Premium?
100
SEP-IRA contribution limits
What is the lesser of 25% of employee's compensation or $53,000?
200
These three TIAA solutions allow a client to put non-qualified dollars to work and have tax-deferred stock market exposure.
What are ATRA, IVA and VUL?
200
The first step to involving our TIAA attorney team.
What is a WPS escalation?
200
Clients may select to have their RMD payments automatically sent throughout the year on a monthly basis
What is the Auto RMD feature of Portfolio Advisor?
200
US Citizens over 70 1/2 years of age may transfer up to $100,000 tax-free each year from an IRA directly to a charity. The money counts as your RMD, but isn't included in your AGI.
What is the Qualified Charitable Distribution?
200
Lowering your monthly payment, pay off loan sooner, lock in fixed rate and get cash out.
What are the reasons for refinancing your mortgage?
300
The set of optimal portfolios that offers the highest expected return for a defined level of risk.
What is the Efficient Frontier?
300
This is a document drafted between a portfolio manager and a client that outlines general rules for the manager. This statement provides the general investment goals and objectives of a client and describes the strategies that the manager should employ to meet these objectives. Specific information on matters such as asset allocation, risk tolerance and liquidity requirements.
What is an Investment Policy Statement (IPS)?
300
Earliest age at which an ordinary withdrawal from an employer sponsored retirement account potentially avoids 10% penalty
What is age 55?
300
A type of non-qualified account that allows beneficiaries to receive assets at the time of the account owner's death without going through probate.
What is Transfer on Death (TOD)?
300
TIAA's smartest participant
Who is Albert Einstein?
400
A relationship between two variables in which one variable increases as the other decreases, and vice versa.
What is Negative Correlation?
400
This document can be used to give another person the authority to make health care decisions, do financial transactions, or sign legal documents on behalf of the Principal. It stays in effect even if the Principal is declared mentally unfit by a physician.
What is a durable Power of Attorney (POA)?
400
Tax-deferred accumulation that’s accessible during life
What is the cash value of an Intelligent Life SUL policy?
400
This TIAA solution allows a client to take a tax deduction in current tax year and distribute assets at a later time to qualified entity.
What is Donor Advised Fund?
400
Threshold to deduct "management fees" as a miscellaneous deduction on your tax return
What are amounts over 2% of AGI?
500
Best performing Asset Class YTD
What is Emerging Markets?
500
This service can be added to a Private Asset Management account for an additional 10bps.
What is trust services?
500
This creates a surety of income that cannot be outlived, plus the surety of a death benefit to beneficiaries, may increase net legacy to beneficiaries, thereby creating both an income floor and legacy floor
What are some of the potential benefits to combing lifetime income, a well-managed portfolio, and funding a life insurance policy?
500
$5,250,000 per NY tax payer until Jan 1, 2019
What is the NY Estate Tax exemption amount?
500
This is where you send your request for a PAM proposal.
What is Investment Analytics?
M
e
n
u