SFERS Deferred Compensation Plan

Oct 31, 2016 No Comments ›› HerbMeiberger

The Deferred Compensation (DC) plan is voluntary, and employees elect to have money taken out of their salaries to contribute to their own DC account.  The employees' taxable income is decreased by the contributions and the account grows tax-deferred until the money is withdrawn at retirement.  Taxes are then paid when the money is withdrawn. ...

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Herb’s Due Diligence on Hedge Funds

Nov 23, 2015 2 Comments ›› HerbMeiberger

Most hedge funds are located in the Cayman Islands to avoid U.S. income taxes and regulation by Securities and Exchange Commission (SEC). Herb's due diligence on hedge funds: [embeddoc url="http://herbmeiberger.com/wp-content/uploads/2015/11/Letter.to_.Warren.Buffett.5-6-2014.pdf" download="all"] [embeddoc url="http://herbmeiberger.com/wp-content/uploads/2015/11/PI.Meiberger.Buffett.Letter.pdf" download="all"] [embeddoc url="http://herbmeiberger.com/wp-content/uploads/2015/11/HM.Motion.10-8-14.pdf" download="all"] [embeddoc url="http://herbmeiberger.com/wp-content/uploads/2015/11/HM.Motion.Part2_.10-8-14-1.pdf" download="all"] [embeddoc url="http://herbmeiberger.com/wp-content/uploads/2015/11/HM.Motion.Part3_.10-8-14.pdf" download="all"] I want to hear from you! If you have questions or suggestions, please contact me directly, and I'm glad to respond! Please ...

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Deferred Compensation Plan

Oct 30, 2015 No Comments ›› HerbMeiberger

Herb on the deferred compensation plan that all city employees could take advantage of. https://www.youtube.com/watch?v=fJI0BdYqLPU

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Best Funded Public Plan in California

Dec 5, 2011 No Comments ›› HerbMeiberger

Gary A. Amelio Executive Director “On April 30, 2011, the Trust was valued at $15.6 billion, up $1.8 billion from this time last year. SFERS remains one of the best funded public plans in the nation. Moreover, the Trust generated a 12.55% return (unaudited) in the fiscal year ended June 30, 2011, and is returning in excess ...

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