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FRAUD NOTICE:

Blacktower Financial Management have been made aware of certain fraudulent schemes that have been conducted by individuals or organisations claiming to represent Blacktower Group.

This type of fraud tends to occur through online services including bogus websites, social media accounts, or through unsolicited emails or text messages. The aim of the fraud is to trick you into believing you are communicating with a Blacktower representative in order to enter into a business relationship with the goal of obtaining your personal information or money. Blacktower’s name, logo, and other Company information is used without permission to try to convey authenticity.

Fraudulent websites with no association to Blacktower:

https://blacktowerfm-cfd.com/

https://blacktowerfm.live/null#/login

If you believe you are the victim of any fraudulent activity, we advise you to contact local law enforcement or financial regulator.

If you have any concerns, or receive suspicious communications that reference Blacktower, please submit an enquiry, through our contact us page : https://www.blacktowerus.com/contact-us/

This communication is for informational purposes only and is not intended to constitute, and should not be construed as, investment advice, investment recommendations or investment research. You should seek advice from a professional adviser before embarking on any financial planning activity. Whilst every effort has been made to ensure the information contained in this communication is correct, we are not responsible for any errors or omissions.

Other News

TOP TIPS – Retirement Planning for the Self-Employed

A study published by The Pew Charitable Trusts in 2019 revealed that only 13% of self-employed individuals who run a ‘one-man-band’ type enterprise are enrolled in a retirement plan, compared to almost 75% of traditional employees. Things are hardly better among those involved in multi-person firms; the study found that only 29.9% of this group were currently participating in retirement plans. *

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Health Savings Accounts and Expatriation

Health savings accounts (HSAs) are an attractive and popular complement to the retirement plans of an increasing number of Americans. The Employment Benefit Research Institute (EBRI) reports that around 3 in 10 employees in the US are enrolled in HSA-eligible health plans.*

Although an HSA is not a retirement account per se, they are frequently a component of a retirement saving strategy as they can be used to cover qualifying healthcare expenses while also offering tax-friendly advantages, particularly if the account holder is able to compound the account’s balance over years.

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