Income Allocation Planning

The Income Allocation Planning (IAP) method has been developed by Golden Retirement, LLC (“GR”).  GR is the owner of Golden Retirement Advisors, Inc (GRA) a registered investment advisor, and the 2Income Annuity Group, an insurance agency licensed for life insurance and annuities. 

The IAP method is marketed under the brand name of Go2Income. In creating a personalized plan for retirement income, Go2Income plan reviews your major savings sources, including Rollover IRA or other qualified savings, after-tax personal savings, equity in a primary residence, and deferred annuities. Go2Income develops your Plan based on income that could be generated from model investment portfolios, reverse mortgages and a combination of lifetime income annuities ("IA"). A plan may consider all of your retirement savings or a single savings source.

The Income Annuity pricing in a Go2Income Plan is based on the Go2Income proprietary pricing methodology. There is no assurance that the purchase prices in the commercial marketplace may be as favorable. Assumptions as to performance of the other savings sources are based on current market yields updated quarterly, and long-term returns in the stock and bond markets.

It should be noted that past performance of the investment portfolios should not be construed as an indication of future results. Investment portfolios will go up or down, depending on market conditions; and there are no promises, guarantees or warranties that any of the portfolios will generate the performance we have assumed in your Plan.

The illustrations and graphs generated by the Go2Income planning tool are hypothetical in nature, and do not reflect historical results and are not guarantees of future results. You must make your own determination whether a Go2Income plan is consistent with your retirement objectives, risk tolerance, financial situation and your own evaluation of the Go2Income plan results. You should review your decisions periodically to make sure they are still consistent with your goals. 

Referrals to Agents

GR may work with an Insurance Marketing Organization which is a licensed insurance agency that represents multiple annuity carriers offering different forms of annuities including those integrated into a Go2Income Plan. We will work with an IMO to provide us access to annuity carriers.  In certain cases, we will refer users of our Go2Income planning to the IMO and provide the IMO with information gathered from these users through our online questionnaire that is used to create a personalized plan.  That plan uses a standardized allocation between investment portfolios and income annuities; annuity payouts, however, are personalized to the age, gender and marital status of the user.

The IMO will in turn assign the user to one of its licensed insurance agents who have been certified as qualified in the Go2Income planning method. Some of these agents may be also registered or chartered as fiduciaries ("Adviser(s)") with a regulatory body in the United States.

GR does not review the selection of qualifying agents, the assignment process used by the IMO or the ongoing performance of any agent.  We do not participate in the implementation of the plan or provide advice regarding specific investments or annuities.

We do not review the recommendations of annuities by the agent. All guarantees provided by the annuity are subject to the claims-paying ability of the annuity carrier.

We do not manage client funds or hold custody of assets, and this is not an offer to buy or sell any security or interest. All investing involves risk, including loss of principal. Working with an agent who may be registered as an advisor may come with potential downsides such as payment of fees (which will reduce returns). There are no guarantees that working with an agent-advisor  will yield positive returns. The existence of a fiduciary duty does not prevent the rise of potential conflicts of interest.

Our Commitment to You.
Golden Retirement Advisors, Inc. (“GRA”) is committed to safeguarding the use of your personal information that we have as your Investment Advisor. GRA (referred to as "we", "our" and "us" throughout this notice) protects the security and confidentiality of the personal information we have and make efforts to ensure that such information is used for proper business purposes in connection with the management or servicing of your account. Our relationship with you is our most important asset. We understand that you have entrusted us with your private information, and we do everything we can to maintain that trust.

We do not sell your non-public personal information to anyone. Nor does GRA provide such information to others except for discrete and proper business purposes in connection with the servicing and management of your account as discussed below.

Details of our approach to privacy and how your personal non-public information is collected and used are set forth in this privacy policy.

The Information We Collect About You.
You typically provide personal information when you complete the paperwork required to become our Client. This information may include your:

• Name and address;

• E-mail address

• Social Security or taxpayer identification number

• Assets

• Income

• Account balance

• Investment activity

• Accounts at other institutions

You typically provide personal information when you complete the paperwork required to become our Client. This information may include your:

• Information we receive on Brokerage Agreements, Managed Account Agreements and other Subscription and Account Opening Documents;

• Information we receive in the course of establishing a customer relationship including, but not limited to, applications, forms, and questionnaires

• Information about your transactions with us or others

Information about You That GRA Shares.
GRA works to provide products and services that benefit our customers. We may share non-public personal information with non-affiliated third parties (such as brokers and custodians) as necessary for us to provide agreed services and products to you consistent with applicable law. We may also disclose non-public personal information to other financial institutions with whom we have joint business arrangements for proper business purposes in connection with the management or servicing of your account. In addition, your non-public personal information may also be disclosed to you, persons we believe to be your authorized agent or representative, regulators in order to satisfy GRA’s regulatory obligations, and is otherwise required or permitted by law.

Lastly, we may disclose your non-public personal information to companies we hire to help administer our business. Companies we hire to provide services of this kind are not allowed to use your personal information for their own purposes and are contractually obligated to maintain strict confidentiality.

We limit their use of your personal information to the performance of the specific service we have requested.

To repeat, we do not sell your non-public personal information to anyone

Information about Former Clients.
GRA does not disclose, and does not intend to disclose, non-public personal information to non-affiliated third parties with respect to persons who are no longer our clients.

Confidentiality and Security.
Our employees are advised about the firm's need to respect the confidentiality of our customers' non-public personal information. Additionally, we maintain physical, procedural and electronic safeguards to protect the information from access by unauthorized parties.

We'll Keep You Informed.
We will send you notice of our privacy policy annually for as long as you maintain an ongoing relationship with us. Periodically we may revise our privacy policy, and will provide you with a revised policy if the changes materially alter the previous privacy policy. We will not, however, revise our privacy policy to permit the sharing of non-public personal information other than as described in this notice unless we first notify you and provide you with an opportunity to prevent the information sharing. You may obtain a copy of our current privacy policy by contacting us at (212) 763-3380.

To the extent a client’s data is used by our affiliates 2Income Annuity Group, Inc or Golden Retirement, LLC their privacy policies would also apply as appropriate. Copies of these privacy policies are available upon request.