What Is The FNA?

Everyday Spending and Saving Habits Determine Your Financial Future

One of the most important building blocks in establishing a firm financial foundation is determining the difference between “wants” and “needs.” Sounds simple, doesn’t it? A “want” is something you don’t require for basic survival and a “need” is something you must have to live. Yet, sometimes it can be hard to tell where a “want” begins and a “need” ends - especially where immediate family is concerned. Financial health is all about the choices you make over the long term.

It’s never too late to change your financial future. That’s where our Financial Needs Analysis (FNA) comes in. It’s complimentary, it’s confidential and it takes about 30 minutes.

When you think about the following items or services, how do you define them? As a want or a need?

• A new car every four years

• A workable retirement savings plan

• A 60“ HDTV

• Adequate life insurance

• “Dream” vacations every year

• A one-year emergency fund

How you classify each of the above will most likely have a direct bearing on reaching your goals and dreams. Forgoing a new car for keeping the late model around for awhile longer or dialing down the entertainment center - and investing the savings toward your retirement and other financial goals - are choices that you can make to achieve your goals.

But sometimes the decisions aren’t quite so clearly cut and dried. That’s where our Financial Needs Analysis (FNA) comes in. With a little data gathering and a few minutes, your representative can produce a personalized, confidential and complimentary FNA for you and help you make a game plan for success.

Start In Just 30 Minutes

One of the best things that you can do for yourself and your family is to establish a realistic game plan that you follow. Your representative can meet with you and, in just 30 minutes, help you start developing that strategy - one that you know you can follow.

We teach people how money works so they can make informed decisions about how to manage their finances. The basics of money are generally not taught in school. With your FNA, you’ll learn the steps you need to take to get on the road to the financial life you want and deserve.

What is Term Life Insurance?

Term life insurance provides coverage for a specific period of time, or "term" of years. If the insured person dies within the "term" of the policy and the policy is still in force (active), then the death benefit is paid out to the beneficiary.

This type of insurance typically allows clients to initially purchase more insurance coverage for less money (premium) than other kinds of life insurance. Primerica's "Buy Term and Invest the Difference" philosophy encourages clients to take this "difference" in premium and invest it for the future.

Do I Need Life Insurance?

If anyone is depending on your income or if you have obligations (debt, mortgage, etc.) that would fall to someone else to handle if you were to die, then the answer is, "Yes."

Life insurance acts as a substitute for income. Have you ever calculated how much you'll earn in your lifetime? Typically, over the course of your working years, the answer is usually "a fortune." The potential risk of losing that earning power – earnings you'll need to fund your family's biggest goals like buying a home, paying for your kids' education, reducing debt, saving for retirement, etc. – especially at the early or mid-point of those years, is what makes life insurance a necessity for most people.

With the latest technology and underwriting processii, we can offer clients an easier, straightforward and convenient way to purchase term life insurance.

• Advanced technology can provide an underwriting decision with actual rates in real-time in many cases.

• Policies are written in plain language, so terms and conditions are easy to understand.

• Faster processing of applications.

• Receive personalized service from a licensed Primerica representative in the local area.

PRIMERICA LIFE INSURANCE

Primerica's life insurance companies offer affordable term life insurance protection ranging from a 10-year level premium policy all the way up to a 35-year level premium policyii. The recognition received by our life insurance companies reflects our dedication to deliver term life insurance products to our clients.

Investor's Business Daily #1 Most Trusted Life Insurance Company 2022iii

Forbes 2022 America's Best Insurance Companiesiv

Mutual Funds

Mutual funds are an effective long-term savings vehicle. Mutual funds are a great way to "become an owner, not a loaner." They give average families access to an investment vehicle with access to professional asset management*.

All investments involve risk, but your PFS Investments Representative can help you understand those risks and guide you to select mutual funds that match your investments goals and risk tolerance.

PFS Investments' Mutual Fund Providers:

• American Century Investments

• American Funds

• Invesco

• Fidelity Advisor Funds

• Franklin Templeton Investments

• Nuveen Funds

• Putnam Investments

Managed Accounts

Clients investing through the Lifetime Investment Program work with a financial advisor to access a wide range of professionally managed portfolios. Your financial advisor will work with you to understand and develop your personal goals, time horizon, risk tolerance, and investing preferences. Using portfolios composed of stocks, bonds, mutual funds and/or exchange traded funds (ETFs), your advisor will then assist you in selecting professional asset manager(s) and portfolios(s) to help meet your investing needs. In a managed account, you can invest with confidence knowing that your financial advisor will be there to adjust your strategy as your needs change with time.

Your Advisors' Asset Management Providers:

• AGF Investments

• BNY Mellon Advisors, Inc.

• Capital Group | American Funds

• Dana Investment Advisors

• Franklin Templeton

• Genter Capital Management

• Horizon Investments

• Invesco

• Meeder

• Morningstar

• Sage

Annuities

PFS Investments offers four kinds of annuities products: variable annuities, index-linked variable annuities, fixed annuities, and fixed indexed annuities:

• Variable annuities are long-term contracts between an individual and an insurance company. Variable annuities contain both investment and insurance features and are designed specifically for retirement.

• Index-linked variable annuities track the rise and fall of the share prices of stocks included in an index, such as the S&P 500, but do not include dividends paid by those stocks.

• Fixed annuities are long-term contracts between an individual and an insurance company. Fixed annuities provide a fixed rate of return that is guaranteed by the issuing company.

• A fixed indexed annuity is a long-term contract between an individual and an insurance company. Fixed index annuities provide a higher rate of return than a fixed annuity, but the return is not guaranteed.

PFS Investments' Annuity Providers:

• Lincoln Financial

• Brighthouse Financial

• Equitable

• Corebridge Financial

529 Educational Savings Plans

PFS Investments offers 529 Plans for tax-advantaged investment accounts designed for education savings. 529 Plan accounts offer tax-free withdrawals and other benefits when used to pay for qualified education expenses. You can use a 529 Plan to pay for college, K-12 tuition, apprenticeship programs, and even student loan repayments. Any leftover funds can be used in different ways, including funding a Roth IRA.

PFS Investments 529 Plan Providers:

• American Funds – College America 529 Savings Plan – Virginia

• Fidelity Advisors – Fidelity Advisor 529 Plan – New Hampshire

• Franklin Templeton – 529 College Savings Plan – New Jersey

• Invesco–CollegeBound 529 – Rhode Island

• J.P. Morgan Asset Management – New York's 529 Advisor Guided College Savings Program – New York

• Nuveen – Scholars Choice College Savings Program – Colorado

Business Retirement Plans

PFS Investments' 401(k), 403(b) and 457(b) plan offerings are individual and employer-sponsored retirement plans that grant employees the opportunity to contribute a portion of their salary on a tax-deferred basis into investment vehicles, such as mutual funds and annuities.

PFS Investments' 401(k) Providers:
Preferred plan providers:

• ADP

• American Funds

• CUNA Mutual

• Equitable

• Fidelity Advisors

• Paychex

• PCS Retirement

• July Services

• Voya

PFS Investments' 403(b) Providers (K-12 schools, colleges, churches, hospitals, etc.):

• Aspire

• Equitable

• Any of our approved mutual fund partners that have been approved as an investment option in a non-ERISA 403(b)7 plan

PFS Investments' 457(b) Providers:

• Aspire

• Equitable

• PCS Retirement

Are you ready to talk about buying a home?

Whether you are a first-time home buyer or a seasoned pro, finding your perfect home is an exciting journey, and we're here to guide you every step of the way. As a trusted partner in your home-buying adventure, we understand that securing a mortgage is a significant decision. That's why we're committed to simplifying the process, providing expert advice, and helping you turn the key to your new home with confidence.

Take the first step with mortgage pre-qualification or pre-approval.

Partnering with an MLO-licensed Primerica Mortgage representative is a smart idea to compete in the current housing market. Your dedicated representative will help you design a financial strategy that fits your needs and guide you through the pre-qualification process with the lender to estimate how much you can afford to borrow for a new home.

When you're ready to start searching for your new home, your Primerica Mortgage representative will assist you in preparing for the pre-approval process with the lender. This critical step involves a deep review of your finances by the lender and determines how much money you can borrow for a new home. Getting pre-approved by the lender will help you to address any credit issues early on so that you can focus on homes that fit your budget.

Refinance Your Home

Refinancing your mortgage could save you money and help you reach your financial goals.

Looking for a lower interest rate, more affordable monthly payment, or to shorten your existing mortgage loan term? Refinancing your existing mortgage loan might be a good solution for you.*

If you need money for expenses, like medical bills or college, or want to know if you could lower your interest rate, monthly payment, or shorten your expected repayment terms on your debts, looking into a cash-out refinance may be a good option. A cash-out refinance allows you to access cash from the equity in your home and wrap that into one new first mortgage with one payment and fixed term.

*While refinancing your existing loan may reduce your monthly payment, your total finance charges may be higher over the life of the loan.

Primerica Mortgage partners with Rocket Mortgage®.

In partnership with one of the nation's top mortgage lenders*, Rocket Mortgage®, Primerica Mortgage, LLC offers a comprehensive shelf of competitive mortgage products, fast turn times, and easy-to-use technology through Rocket ProSM TPO.

*Based on Rocket Mortgage, LLC data in comparison to public data records.

Home Purchase and Refinance Mortgage Loan Products

• Conventional

• FHA

• Jumbo

• VA

• YOURgage® (Loan terms from 8 to 30 years)1

Working with us gives our clients access to wholesale rates, Rocket Mortgage Credit Upgrade services, a dedicated Rocket Mortgage underwriting team and up to 15 days of rate lock extensions to protect your rate at no additional cost to you.

Contact an MLO-licensed Primerica Mortgage representative today to start the pre-qualification or pre-approval process with the lender.

*Terms and Conditions apply. Contact your MLO-licensed Primerica Mortgage representative for details.

Home Equity Loan | Home Equity Line of Credit (HELOC)

Use your home's equity to get the cash you need.

Have goals like consolidating debt, or paying for college or home improvements? In partnership with leading wholesale lenders like Spring EQ™ and Rocket ProSM TPO, we can help you access the cash in your home's equity without refinancing your first mortgage. Connect with an MLO-licensed Primerica Mortgage representative to find out how much equity you have in your home and if a Home Equity Loan or Line of Credit is right for you.

• Home Equity Loan – Get the cash you need without giving up a low interest rate on your existing mortgage.

• Home Equity Line of Credit (HELOC) – A fast, flexible financing option to access your home's equity, up to your approved credit line.

Even if a Home Equity Loan or Line of Credit isn't right for you, we have other options that could be a better fit. Connect with an MLO-licensed Primerica Mortgage representative today.

We are here for you.

Mortgages are not one-size-fits-all. While other mortgage brokers are transactional, we look at your full financial picture, offering a complimentary financial review to help you understand where you are currently and your options to reach your financial goals. As a result, we are better prepared to offer mortgage solutions tailored to your needs.

To learn more about our mortgage products or get started in your home-buying journey, contact an MLO-licensed Primerica Mortgage representative today.

Get to know your debt

If you’re like most people, you carry some kind of debt balance from month to month – credit cards, a mortgage, student loan, auto loan, etc. We understand how overwhelming debt can feel sometimes, but with the right game plan in place, and a little discipline, we can show you how you CAN pay it down.

Before we get into the “how,” it’s important to understand what kind of debt you’re dealing with.

Secured or Unsecured: What’s the Difference?
All debt falls into two categories: secured and unsecured and are considered fixed (equal monthly payments like a mortgage or installment loan) or revolving (minimum payment changes based on total debt amount like a credit card).

Secured – This type is asset-based where the asset (i.e. your home or car) is used for collateral. Your mortgage or an automobile loan are examples of a secured debt.

Unsecured – Unsecured debt isn’t tied to any asset. Credit cards, medical debt, student loans, personal loans, etc. fall into this category.

While some debt – like your mortgage or student loans – can be considered “good” in the sense that your home or education will increase in value, paying them off quickly can put you in a much better financial position sooner rather than later!

The Power of Compound Interest

Compound interest can be a powerful force! When it’s working for you through an investment strategy, the interest your money earns can add up to a BIG benefit. However, the flip side of that is when it’s applied to a loan or credit card account, it can potentially add up to hundreds or even thousands of dollars over time, on top of the original purchase price!

Learn more about The Power of Compound Interest.