Quick Contact Info
Oak Tree Insurance
340 Oswego Pointe Dr.
Suite 100
Lake Oswego, OR 97034
Phone
(503) 635-3303
(800) 394-9899
Fax
(503) 635-7491
Serving
Oregon, Washington, Alaska, California (CA# 0D80819), Arizona, Colorado, Nevada, Idaho and Illinois
Time to Renew Your Excess Professional Insurance
This year, look to an alternative source and SAVE:
- Independent insurance carrier = Independent defense
- We bring our firm as your broker to be your advocate in coverage and claims
- Simplified quote process
- Lower premiums are probable, possible and doable
- You can have a say in the choice of defense
We can also quote off your Oregon PLF application. All of this should mean something to you and your firm’s attorneys. Call Oak Tree today at (800) 394-9899!
Member of Securities Investor Protection Corporation (SIPC). For an explanatory brochure, please visit www.sipc.org.
Consumer Tip
Traditional IRA and Roth IRA: Exciting New Contribution Limits for 2009 Just Released
Understand the differences between the Traditional and Roth IRA’s! Regardless of which type of IRA you choose, the Federal government imposes annual contribution limits. The chart below shows the maximum dollar amount individuals are allowed to deposit into their IRA each year. After 2009, the contribution limit will rise by government cost of living adjustments.
IRA Contribution Limits
YEAR AGE 49 & BELOW AGE 50 & ABOVE
2002-2004 $3,000 $3,500
2005 $4,000 $4,500
2006-2007 $4,000 $5,000
2008-2009 $5,000 $6,000
- Don’t forget that you can deduct Traditional IRA contributions when filing your income taxes.
- You can make contributions for the previous year until April 15th of the current year.
- Deposits into your IRA do not have to be made at the same time. For example, in the year 2009, a 35-year-old woman could deposit $416.67 into her IRA each month. At the end of the year, it would add up to the maximum $5,000.
- Due to the tax advantages of investing through an IRA, it is normally best to try and make the maximum annual contribution. The use-it-or-lose-it nature of contributions makes this all the more important (e.g. if you deposit $3,000 in 2009, you can’t deposit $7,000 in 2010; the $5,000 + the $2,000 you didn’t deposit the year before).
Have questions about your IRA?
Call Oak Tree Insurance at 503-635-3303, or send us an email.