Hanner Financial Services Inc

Hanner Financial Services Inc

  • 931 25th Street
  • Columbus, Indiana
  • 47201

Description

The difference between the price at which an asset was purchased and the price for which it was sold. When the sale price is higher than the purchase price, the difference is a capital gain; when the sale price is lower than the purchase price, the difference is a capital loss. Cash Alternatives Assets that are most easily converted into cash and which have a very low risk of price fluctuation. For example, money market funds may be considered a cash alternative.

Our professionals have years of experience in financial and insurance services. We can help you address your needs of today and for many years to come. We look forward to working with you through all stages of your life, please call 812-372-9402.

A credit subtracted from income taxes after preliminary tax liability has been calculated. Tax Deduction An amount that can be subtracted from a taxpayer’s income before taxes are calculated. Taxpayers may use the standard deduction or may itemize deductions if allowable itemized deductions exceed the standard deduction. Tax Deferred A condition of certain plans and accounts under which the funds in the plan or account along with any accrued interest, dividends, or other capital gains, are not subject to taxes until the funds are withdrawn.

A series of income ranges within which a taxpayer’s income is taxed at a certain rate. Taxpayers pay the tax rate in a given bracket only for that portion of their overall income that falls within the bracket’s range. Federal Reserve System (The Fed) The United States’ central bank. The Federal Reserve System consists of a series of 12 independent banks that operate under the supervision of a seven-member, federally appointed board of governors. The Fed strives to maintain maximum employment, stable price levels, and moderate long-term interest rates.

Preparing for Retirement Welcome, I’m Bryan K. Hanner, CFP, ChFC, CLU a financial consultant in Columbus, IN. We understand that small business owners, employees, and individual investors face unique challenges as they prepare for retirement. Planning for retirement is often misunderstood and underestimated. Current statistics show that few Americans are financially prepared for retirement. With over thirty years of experience representing small business owners, employees, and individuals we understand the peaks and valleys of life. Each life stage presents it's own blessings and hurdles.

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