Official Credit Union of UMass Athletics

Financial and Investment Services Seminars

We are dedicated to helping you become an educated consumer by offering an array of seminars.

CFS* will offer the following complimentary sessions at designated branches. Seating is limited. Please RSVP locally to 413.256.5500 or toll free to 800.852.5886 or register online below to reserve your seat.

Seminars are often offered more than once for your convenience, so if you can't make it to these dates, or don't see any seminar dates posted, please check back next month.

View UMassFive workshops here.

An Introduction to Annuities

With each year, more baby boomers turn age 65 and face a retirement that may last 30 years or longer. But many of these new retirees will have to provide their own retirement income as fewer retirees have a traditional pension plan they can depend on as a source of income.

In this seminar on Annuity Basics, you’ll learn:

• What an annuity is and how it can provide you with supplemental retirement income beyond
traditional retirement sources such as IRAs and 401(k)s
• The key features of immediate vs. deferred annuities and fixed vs. variable annuities
• How to put money into and take money out of an annuity
• The different types of payout options and factors affecting payouts

You’ll also receive a free workbook created just for this presentation. The workbook contains key information, worksheets, and questions to help you remember important points from the seminar.

Dates

  • Wednesday, 10/17/18, 5:30–7:30 p.m., Hadley Branch - Register now
  • Wednesday, 10/24/18, 12–1 p.m., Worcester, University Campus, Rm S1 - 123 - Register now

Retirement Income Planning

Retirement income planning is the process of understanding how much income you’ll need during your retirement years to support the retirement lifestyle you want, and positioning your assets to help provide that income. While there’s no such thing as a “one size fits all” plan, there are steps you can take to help increase the possibility of a financially confident retirement.

This seminar will help answer questions such as should I retire now or wait and will my money last. We will discuss the financial risks of retirement and the essential elements to a retirement income plan.

Dates

  • Wednesday, 11/14/18, 5:30–7:30 p.m., Hadley Branch - Register now
  • Thursday, 11/15/18, 12-1 p.m., Worcester, University Campus, Rm S2 - 351 - Register now

*Non-deposit investment products and services are offered through CUSO Financial Services, L.P. ("CFS"), a registered broker-dealer (Member FINRA/SIPC) and SEC Registered Investment Advisor. Products offered through CFS: are not NCUA/NCUSIF or otherwise federally insured, are not guarantees or obligations of the credit union, and may involve investment risk including possible loss of principal. Investment Representatives are registered through CFS. UMassFive College Federal Credit Union has contracted with CFS to make non-deposit investment products and services available to credit union members.

**CFS and its Financial Advisors do not provide tax advice.  For such advice, please consult with a qualified tax professional.