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The ASD shares resources for new job

LITTLE ROCK – The Arkansas Securities Department (ASD) offers resources from the Investor Protection Trust for beginning a new job. Starting new employment and learning the culture of your new workplace can be intimidating. Decisions must be made, and factors evaluated that will affect your net pay, such as tax withholdings, insurance premiums, retirement plans, and other deductions.

The ASD has shared “Your New Job: Starting Your Financial Future.” This booklet will help you with understanding your paycheck, choosing a retirement plan, and smart investing. Additionally, this booklet provides insights into completing certain withholding forms, creating a plan for saving and spending, and managing and repaying debt.

“The financial unknowns associated with entering the job market for the first time or reentering the market after a time away can be daunting,” ASD Interim Commissioner Campbell McLaurin said. “We are pleased to unveil our new booklet which aims to empower new employees with information about their financial options and provide strategies for mapping out their financial futures.”

When starting a new job, understanding your options, and making informed decisions can have long-term impact on your financial wellbeing. The “Your New Job: Starting Your Financial Future” booklet is accessible on the ASD’s website at securities.arkansas.gov/education/investor-advisories.

 The ASD cautions citizen investors of all ages and experiences to thoroughly scrutinize and research any investment opportunity or offer.  Contact the ASD at 1-800-981-4429 to check out any person or financial professional offering an investment opportunity or investment advice for a fee and the products they offer for proper registration.  Contact the ASD to report suspected fraud, inappropriate securities business practices, or to obtain consumer information. The ASD provides free investor education and fraud prevention materials in print and through educational presentations upon request.

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