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Wednesday, March 09, 2005

New Book by Financial Advisor and Radio Host Brian J. Kurtz Unravels the Mysteries of Savings Bonds

New Book by Financial Advisor and Radio Host Brian J. Kurtz Unravels the Mysteries of Savings Bonds

TROY, Mich., March 7 /PRNewswire/ -- U.S. Savings Bonds -- we all have them, but most of us have no idea what to do with them. Financial advisor and radio host Brian J. Kurtz has spoken to thousands of seniors and trained hundreds of financial advisors across the U.S. on the proper management of Savings Bonds. Most recently, he has written the book "Getting the Most Out of Your Savings Bonds," that takes the mystery out of the investments.

More than 55 million people own more than $200 billion in Savings Bonds, according to the Dept. of Treasury. More than $10 billion worth are earning absolutely no interest because they have passed their final maturity. They often sit untouched because cashing them in raises questions: Have they reached full value? Are they still paying interest? How much interest and for how long? Can I avoid paying taxes? How do I cash them in?

The book answers these questions and many more. It identifies the types of Savings Bonds, interest rates, years to maturity and how to calculate their value. Kurtz:

* Identifies common mistakes bondholders make and offers solutions
* Tells readers how to avoid IRS penalties that may result from holding
bonds too long
* Discusses how to properly pass bonds to heirs
* Offers advice on using bonds for college or retirement
* Indicates what to do about lost bonds
* Identifies commonly needed forms and where to find them

"Getting the Most Out of Your Savings Bonds" is available at Amazon.com or through http://www.americanbondsolutions.com/ for $19.95.

About the Expert

Brian J. Kurtz, a licensed financial advisor for 15 years, is a Certified Senior Advisor and member of the Society of Senior Market Professionals. A graduate of Northwood University, Midland, MI., he is an estate planning specialist at Assured Investment Planners Inc. (AIP), 2041 E. Square Lake Rd., Troy, MI 48085.

Since 1999, he has hosted "Money Matters" on CKWW-AM Radio 580, providing financial information to 20,000 listeners in the U.S. and Canada. Guests included Wall Street Journal columnist Jonathan Clements, "Chicken Soup for the Soul" author Mark Victor Hansen and Michigan Lt. Governor Dick Posthumus.

Kurtz began teaching seminars on proper management of Savings Bonds in 2001.

Source: Assured Investment Planners Inc.

CONTACT: Mary Smyka of MSS Communications, +1-586-781-6674, for AIP

Web site: http://www.americanbondsolutions.com/

NOTE TO EDITORS: To interview Brian or receive a reviewer's copy of "Getting the Most Out of Your Savings Bonds," please call Mary Smyka at +1-586-781-6674.

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