September 2012 Newsletter

 

InvestEd 2013

September 2012 Webinar: Dividends: The Forgotten Profit Maker

Escheatment?

Checking up on Your Doctor

 

InvestEd 2013

Wichita KS, June 7-9, 2013

Hotel: Hyatt Regency Wichita

 

Visit the InvestEd 2013 Tourism page and plan to arrive early or stay late to spend a few vacation days in Wichita.

 

Many of the InvestEd conference instructors also provide free InvestEd webinars. Log in to the InvestEd online education page to view a listing of webinar recordings and handouts. If you haven't attended an InvestEd conference, listen to some of the webinars to get a feel for the quality of our instructors.

 

Make your hotel reservations and register for InvestEd 2013 now!

  

InvestEd Inc. Free Webinar

Dividends: The Forgotten Profit Maker

Sunday, September 23, 2012

8:00 PM-9:00 PM ET / 5:00 PM-6:00 PM PT

Instructor: John Diercks

Webinar Registration

 

Many investors don't realize the value of dividends in improving the return from a stock. In this webinar, you will learn the pros and cons of investing in common and preferred stocks, in addition to many other poorly understood investment vehicles that offer high rates of return at relatively low risk. The webinar will cover basic definitions, review stocks from a dividend perspective on a stock study form, show the impact of dividends and the growth of dividends on the rate of return for investors, and show the importance of cash flow from operations on the ability of a company to pay and grow dividends. Finally, little known high-yielding investments available across the border in Canada will be introduced as a way to diversify into foreign dividend-paying equities.

 

Register Now to attend the InvestEd Inc. free online investor education webinar. Space is limited.

 

John is an InvestEd instructor who teaches financial classes and mutual fund workshops at local, regional, and national events. Currently, he is a director of the Central Pennsylvania Chapter of BetterInvesting and the treasurer of two investment clubs, including the Centre Region Model Investment Club. Prior to retirement, with advanced degrees in meteorology, John spent 25 years in the Air Force and 16 years as an instructor of meteorology at The Pennsylvania State University.

 

 

Escheatment?

John Tonsager

 

Recently, I attended a conference of corporate representatives where a topic discussed at several sessions was Unclaimed Property. I was confused as to what "property" investors would forget to claim from companies they invested in, so I asked. I was surprised by the answer.

 

I was told that when one company is merged or bought out by another company and this involves trading shares in one company for shares in the other, a notice is sent to all shareholders of the subsumed company as to how to redeem their shares. At that point, a clock starts ticking on what is called the dormancy period. Every state has its own timeframe. Usually, if the shareholder hasn't acted in two to three years the state takes the shares through escheatment, the right of government to claim abandoned property.

 

But wait, it gets worse. If the holder of an IRA reaches the age when a distribution plan needs to be started, usually 70½, the clock starts ticking on the IRA. If no action is taken during the dormancy period, the state will claim the IRA funds. Surprisingly, some states, such as Utah, New York, and Wyoming, apply the dormancy period backwards. In other words, if no activity has occurred in the preceding three to five years, the state takes the funds immediately. Most states apply the same procedures to savings accounts, certificates of deposit, and even 529 education savings accounts, and many are shortening the dormancy time before escheatment.

 

Get more information in this article by Carolyn Geer, and find out what owner generated "activity" needs to take place for you to keep your own accounts.

 

Checking up on Your Doctor

Sandy Gallemore

 

The website Vitals lets us check up on our doctor or dentist and provides patient guides for a variety of disorders. I entered my primary care physician's name to view the information available. The website showed the address and phone number of his office and a map of his location. The site also lists his specialty and whether or not he is board certified. In addition, I can examine his certification and read the fine print about what that means, see the name of the medical school from which he earned his degree, and learn of his hospital affiliations.

 

The site indicates how patients rate my doctor on ease of appointment, promptness, courteous staff, accurate diagnosis, bedside manner, spending time spent with patients, and follow up. Of course, most patients do not go to this type of site to rate a doctor or leave comments. In the case of my doctor, the only rating came from one person, who identified him as "the best doctor ever!!!!"

 

If you want to check on your doctor or find a doctor in your area with a particular specialty, check out Vitals.com.

 

Medicare recipients, or those soon to be eligible for Medicare, may be interested in learning what doctors in their area accept Medicare patients. Medicare's website, with information about Medicare-enrolled physicians and health care professionals, provides important information. On the opening page, Physician Compare, you are required to insert your zip code and then identify whether you are looking for a physician, another healthcare professional, or a group practice.

 

You can refine your search by indicating if you are interested in all Medicare providers or only those who accept the Medicare-approved amount as full payment. If you have a gender preference for your physician, that option is available. In addition, if you are looking for a specific doctor, you can enter that doctor's last name.

 

The website also includes other Compare pages: Hospital Compare, Nursing Home Compare, Home Health Compare, and Dialysis Facility Compare. Check out the Medicare Find-a-Doctor website.

 

Questions? Contact InvestEd

 

 

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