Greetings!
Please take a moment to read the articles we have posted for this latest issue of our newsletter. The article regarding TD Ameritrade Money Market Accounts will be of special interest to clients.
Best,
John A. Frisch, CPA/PFS, CFP
President & Founder
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Important Information For Our Investment Clients |
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New Cash Position in Your TD Ameritrade Account
By now, you should have received a letter from your custodian TD Ameritrade stating that they will no longer offer the money market funds "TD Asset Management USA Funds (TDAM Money Market)" and that on December 1, 2009 TDA will automatically move the TDAM Money Market into the TD Ameritrade cash. Since you are a current owner of the TDAM Money Market you are affected by this transaction. Please know that we are aware of this action and that:
No action is needed on your part.
Please read the full article for more information.
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The Worker, Homeownership & Business Assistance Act of 2009
On November 6, 2009, President Obama signed into law the Worker, Homeownership, and Business Assistance Act of 2009 (the "Act"). The Act provides up to an additional 14 weeks in benefits to unemployed individuals. An extra 6 weeks of benefits is available to individuals in states with unemployment levels over 8.5 percent. The legislation also includes legislation on the First Time Homebuyers Credit and Five Year Carryback on Net Operating Losses.
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A Primer on Medicare and Medigap Coverage
Despite all the public discussion about health care, very few people under the age of 65 understand the basics of Medicare, the federal health program for seniors and certain disabled individuals, or Medigap, the supplemental private coverage many buy to cover treatment that shortfalls what the federal program doesn't pay.
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10 Things You Can Do Immediately To Slash Debt and Spending |
Any financial planning process begins with a change in financial behavior and expectations. The degree of change varies based on financial priorities, but in the end, it's about adopting new habits and abandoning others. Before you take any of the following steps, it makes sense to talk to an expert who can help you see your whole financial picture. A CERTIFIED FINANCIAL PLANNER™ professional can examine all your sources of income and expenses and find the most efficient ways to cut expenses, pay off debt and boost the money you have for saving and investing.
For more helpful tips, please read the full article.
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About Us: Located in Woodbridge, VA, Millennium Capital Management Corp was founded to help a select group of families achieve all that is important to them financially. To achieve our mission we use a consultative wealth management process, which includes both investment consulting and advanced planning. Our approach assumes that every client is unique; every client has varying needs and objectives; and no two clients share the same risk tolerances, time horizons and dreams. In addition to providing our expertise we work with clients' existing advisors and, where there is a gap to fill, we use our own outside experts in the fields of tax, legal and high-end Insurance.
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