1. Phoenix Union High School District Retirement Workshop STEVE JAMES NICK HILEMAN

2.  ASRS Facts  403b Special Pay  How can we help?  What to do Next

3. ASRS  80 Points  Age plus years of service  Retirement formula  Average annual salary * Years of service * Multiplier  0-19.9 = 2.1%  20- 24.9 = 2.15%  25- 29.9 = 2.2%  30+ = 2.3%

4. What does that mean to me?  No more ASRS Contribution 11.6%  No more FICA 7.65  No longer deferring income to retirement accounts

5. 30 Years of Service  69% of Gross Income  What About Net Income  Add in ASRS  80.6%  Add in FICA  88.25%  Add In Retirement Savings %  93.25%  State and Federal Income Tax

6. ASRS Options at Retirement  Straight Life Annuity  Life Annuity 5 Year Certain  Life Annuity 10 Year Certain  Life Annuity 15 Year Certain  Joint and Survivor 100%  Joint and Survivor 66 2/3%  Joint and Survivor 50%  Partial Lump Sum

7. ASRS Investment Allocations

8. Investment Returns 1 Year3 Year5 Year10 YearInception ASRS Total Fund 18.6%10.8%14.2%7.5%10.1% The ASRS total fund returns for the fiscal year ending June 30, 2014

9. 403b Special Pay Plan What is it?  Avoid FICA (district and employee)  Manage and control tax liability  Access to your money  No sales charges or penalties  Wide choice of investment options

10. Retirement Planning Who are we? Independent Advice Social Security Analysis What’s your next step?

11. Need Help? Make an appointment to determine:  How much will I need to live on?  Do I have enough saved?  How do I turn my savings into income? We’ll build a plan together to help you create the income you’ll need to last a lifetime. 11

12. Registered Representative Securities offered through Cambridge Investment Research, Inc. a Registered Broker/Dealer, Member FINRA/SIPC. Investment Advisor Representative Cambridge Investment Research Advisors, Inc. a Registered Investment Advisor Cambridge and Przewlocki James are not affiliated.