Now there's more FDIC protection for your retirement money

One of the benefits of depositing your money at American Savings Bank is FDIC insurance – the peace of mind you get from knowing that your money will be there when you need it. Now you have even more protection for the money you have in your retirement accounts.

The Federal Deposit Insurance Reform Act of 2005 increased the amount of FDIC coverage on certain retirement deposit accounts – including IRAs, Keoghs and 401(k) plans – from $100,000 to $250,000. The change became effective April 1, 2006.

If you have spread your retirement savings among accounts at different financial institutions to maximize your FDIC coverage, now you can consolidate your nest egg at American Savings Bank. Consolidating your assets can make managing your finances easier, and save you time and money.

When your assets are held in several places, it can be difficult to maintain an overall strategy. But, when all of your money is in one place, you can follow your progress with ease. You'll also benefit from less paperwork. Receiving a single statement, rather than multiple statements, can make it simple to keep track of your savings.

Save money, too
Consolidating your retirement savings accounts at American Savings Bank may save you money by eliminating the extra costs associating with maintaining several accounts. And, you may find it easier (and less likely to make an error that could cause tax penalties) to calculate your minimum required distributions from one institution.

Don't miss the 2nd Annual Remodel It Right Expo 2006

Fall In Love Again … With Your Home
Friday, July 28 to Sunday, July 30, 2006, at the Hawaii Convention Center

If you're dreaming of a remodeled kitchen, bath or master bedroom, make your first stop the 2nd Annual BIA (Building Industry Association)Remodel It Right Expo at the Hawaii Convention Center, July 28-30, 2006.

American Savings Bank is the Platinum Sponsor at this year's expo, which will focus on helping you make your remodeling dreams come true. Dozens of exhibitors will be on hand. And, you can meet with experts to discuss your home remodeling project and get helpful tips on planning, financing, materials and construction. And don't forget to visit our booth for specials and offers that will be available only at the show! So, fall in love with your home all over again at the 2nd Annual BIA Remodel It Right Expo. As an American Savings Bank customer, you're entitled to $1 off the regular price of admission.

Simply present the coupon below at the ticket booth for your discounted admission ticket.

Regular adult admission: $3

The articles and opinions in this publication are for general information only and are not intended to provide specific advice or recommendations for any individual. We suggest that you consult your attorney, accountant, financial or tax advisor with regard to your individual situation. Entire publication ©American Savings Bank 2006. All rights reserved.