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Put your 2003 Tax Windfall to work
Thanks to the 2003 Tax Relief Act, you may be one of the 91 million people who might be receiving an average tax cut of $1,126.1
- Your paycheck has likely increased, because less money is being withheld.
- You may be paying less tax on your dividends and capital gains.
- You may be receiving a childcare credit of $400 per child.
This is indeed a "windfall" for your wallet, and conventional wisdom says that if you invest this money right away, you’ll never miss it. Armada Funds suggests you talk with your investment professional about the various ways you can use your windfall to save for the long haul:
- Start an Armada Planned Investment Program to easily and automatically build your portfolio.
- Put more money into your existing retirement accounts — and match your windfall with your own capital to "super size" your investment.
- Open a new Roth IRA for your children or yourself.
- Add to your college savings funds, or start a new college account.
- Consider tax-exempt investing in municipal bonds, now that the Alternative Minimum Tax exemption has been raised.1
- Rebalance your portfolio with the tax-savings benefits of the new dividends and capital gains tax reductions in mind.1,2
- Further diversify your portfolio by adding an Armada Fund that complements your holdings.2
For more information about the new tax law, see the Armada Funds article
"What the new tax law means for you."
1 Tax savings may be more or less based on a person's tax rate and circumstances.
2 Please remember that investment strategies like diversification and rebalancing cannot guarantee a profit or prevent a loss in a declining market.
Armada Funds, National City Investment Management Company, Professional Funds Distributor, and their affiliates do not render tax advice. For tax advice specific to your situation, please contact your tax advisor.
For more complete information about Armada Funds, including charges and expenses, you may contact your Investment Professional, obtain a prospectus by calling 1-800-622-FUND (3863), or view and download a prospectus. Please read it carefully before you invest or send money.
Past performance is no guarantee of future results. Mutual funds involve risk, including possible loss of principal. Investment return and principal value will fluctuate so that an investor's shares on redemption may be worth more or less than their original cost. National City Investment Management Company (IMC) serves as investment advisor to Armada Funds, for which it receives an investment advisory fee. Shares of Armada Funds are distributed by Professional Funds Distributor, LLC (PFD), 760 Moore Road, King of Prussia, PA 19406. PFD is not affiliated with IMC and is not a bank.
Shares of Armada Funds are:
NOT FDIC INSURED • NO BANK GUARANTEE • MAY LOSE VALUE
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