Online Workshop: Retirement Plans and Executive Lines of Credit

  • 28 Jan 2022
  • 10:00 AM - 11:30 AM
  • Online
  • 90

Registration

  • MAM members can log in (blue button in the top-left corner) to register at this discounted price. If you're not already a member of MAM, join now to get this discount!

Retirement Plans and Executive Lines of Credit

403(b)s and Flexible Loans for Nonprofits


This workshop will present two financial tools for your nonprofit institution: 403(b) retirement plans and investment accounts with executive lines of credit.

A 403(b) plan is the nonprofit equivalent of a 401(k). This session will introduce how they work with an overview of the rules and plan options available. Collecting institutions with employees should consider offering their staff a plan to increase employee retention.

An executive line of credit is a type of flexible loan that provides funding for short-term needs. This session will focus on using an investment account as collateral for an executive line of credit, including rough rough costs and examples of when and how to use one. While your investment account is working for you, you are not tying up funds needed for a long-term or short-term project or operating costs.

Presenters will take questions following their presentations. A recording of this event will be shared with registered participants.


Your presenter


Amanda Gardner is Financial Advisor for First National Investment Services. A lifelong Maine resident, Amanda has worked in the financial services industry since 2004. She currently is the Financial Advisor and Business Development Officer for Hancock and Washington Counties. She resides in Edmunds Township with her husband Chris and their 3 children.


Attending an Online Workshop

To participate in this online workshop you will need access to a computer or mobile device with an internet connection.  We will be using Zoom to host this event as an online videoconference.  Once you register, you will immediately be sent instructions for logging in via automatically sent email.

If you do not have access to a computer or mobile device with an internet connection, you will still be able to call in on a telephone, but you will unfortunately not be able to see any of the participants or visuals. 


Online registration will be open through January 28. Attendance is limited to 90 people; register soon to save your spot!

Registration is free for members.  Non-members pay $15.

Members of MAM enjoy discounted registration (MAM members please log in first).  If you're not a MAM member, join today!

Never miss an event or important update - Sign up to receive news from MAM!

Join now! Start receiving benefits of membership.

Donate! Support Maine's collecting institutions with a tax-deductible gift.

Use the MAM member app by Wild Apricot to register for events, manage your member profile, and access the member directory.



Maine Archives and Museums

P.O. Box 784, Portland, Maine 04104

207-400-6965

info@mainemuseums.org 


Powered by Wild Apricot Membership Software