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April 12, 2012 - Image 29

Resource type:
The Detroit Jewish News, 2012-04-12

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The Credit Union Perspective

By: John Normandeau, President/CEO
BestSource Credit Union

and Gary M. Remer, firm sharehold-
ers, were both honored in the Employee
Benefits & Executive Compensation


Marcus & Millichap Real Estate
Investment Services has announced its
top investment specialists for 2011. Paul
Davis and Andrew Daitch serve at the
firm's Detroit office. Davis, senior vice
president investments, serves as a senior
director of the firm's National Multi
Housing Group. Daitch is a first vice pres-
ident investments and senior director of
the firm's National Multi Housing Group.

Adena Kass, formerly of Huntington
Woods, has accepted the position
of manager, Strategic Initiatives for
Agenda 360, the Cincinnati Chamber of
Commerce's strategic action plan, begin-
ning in June 2012, when she completes

her master's degree
in community plan-
ning at the University
of Cincinnati. She will
provide support for
Agenda 360's goals of
retaining and attract-
ing talent, creating jobs
and fostering economic
prosperity, and manag-
ing specific initiatives, such as develop-
ment of a regional transit plan for the
Cincinnati area.

After 32 years in the
Insurance Benefits
business, Howard B.
Sherizen of Oak Park
has been inducted as a
Life Member into the
Million Dollar Round
Table. His firm,
Sherizen Benefits
Group LLC, provides
advisory services in the ever-changing
field of health insurance benefits. As the
national health care mandate evolves, con-
sumers are looking to find value among
the many choices. Sherizen Benefits
Group LLC helps identify new purchasing
opportunities in the marketplace.

Shining Light On Autism

Birmingham business t urns blue for autism.


pril is Autism Awareness
Month and Birmingham-
based Brogan & Partners
has committed to light the exterior of
its building blue to raise awareness of
autism for the entire month of April. The
Brogan offices are housed in the historic
Peabody Mansion, located at 325 S. Old
Autism is a general term used to
describe a group of complex devel-
opmental brain disorders — autism
spectrum disorders — caused by a com-
bination of genes and environmental
influences. These disorders are character-
ized, in varying degrees, by social and
behavioral challenges, as well as repetitive
behaviors. An estimated 1 in 88 children
in the U.S. is on the autism spectrum — a
1000 percent increase in the past 40 years
that is only partly explained by improved
Brogan decided to support the national
initiative called, "Light It Up Blue which
is in its third year and is a global initiative
by Autism Speaks to help raise awareness
about the growing public health concern
that is autism.
Brogan & Partners' Managing Partner
Ellyn Davidson is a longtime supporter of
Friendship Circle of Michigan, which pro-
vides services to kids with special needs,
including those with autism. She also is
involved with Camp Kids All Together,

Take the mystery out of planning for your
financial future!

1 11

In the last ten years the economic climate has changed
significantly. Additionally, with employer sponsored
pensions a thing of the past and the uncertainty of social
security benefits, planning for retirement has become a bit
John Normandeau, C'1 2 0
of a mystery to many people. People must now rely on
their own savings to sustain their retirement years. With this in mind it's important to
have a clear plan.

A great tool for retirement planning is an IRA. An IRA is a personal savings plan that
provides income tax advantages to individuals saving for their retirement. Contributions
can be made up to the allowable amounts as determined by the government for that year.

There are five different types of IRA's so it's important to review your goals to determine
the best IRA fit for your situation. Anyone can start an IRA and it doesn't require a large
investment. IRA's are offered at most financial institutions. And remember, if you leave
your current place of employment, you can roll your employee sponsored retirement
account into an individual IRA giving you control of the funds and avoiding any taxes or

Since IRA's were designed to assist you in providing for your retirement, there are
penalties imposed for withdrawing these funds before retirement age with a few excep-
tions. It's not too late to setup an IRA for 2011 or contribute to an already existing IRA.
The deadline for tax purposes is April 17, 2012.

At BestSource Credit Union our mission is to improve our members' financial lives.
Stop by a branch or give us a call at 800.666.4500 to see how we can help you achieve
your goals. For more information, visit www.bestsourcecu.org .


C R F lPll

Improving Members' Financial Lives

U N 1 0 N

Why I Walk for


Brogan & Partners' offices

which helps autistic kids go to an inclu-
sive day camp at the Jewish Community
Center of Metropolitan Detroit along with
children of all abilities.
"People with special needs are a part
of the community and they can so enrich
our lives:' says Davidson. "It's important
to me personally that they have the same
opportunities we all do:'
The company also supported Michigan
Lt. Governor Brian Calley in his effort
to implement autism insurance reform
in Michigan — to make sure that the
15,000 people living with autism in
Michigan get the treatment they need to
live a bright and productive future.
The three-bill autism insurance
reform package was voted out of the
legislature on March 29. Michigan Gov.
Rick Snyder was expected to sign the
bill shortly after. For more on Autism
Speaks, visit autismspeaks.org. ❑

"We're going to Walk for Israel because this is a time when it's vital
for our community to take a visible stand in support of Israel. Israel
is a strong American ally and stands for democracy, human rights,
and religious freedom. Israel is the home for the Jewish people.
We're going to Walk for Israel because we're proud American Jews
and proud of Israel. Please join us on Sunday, May 6' 67

- The Kaufman Family

For more information, please visit www.walkforisrael.org


April 12 • 2012


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