Issue 4 | Feb. 2008

New Year, New IRA Rules
Three 2008 tax law changes that IRA holders should know about.

Before the new year begins, let’s take a look at three notable tax law changes for 2008
involving IRAs.

Higher IRA contribution limits.
The end of the IRA charitable rollover.
A possibility to do a direct rollover from a 401(k) to a Roth IRA.
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A Review of Recessions
This economic slump could be just another “bump in the road.”

Economists widely agree: America seems to be in a recession. Important economic
indicators show declining manufacturing, a constricting retail and service sector, and poor GDP. So is the sky falling? Is this the end of the world? No. Recessions have occurred throughout our history, and the economy has bounced back.
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Monthly Economic Update For February, 2008

The month in brief. January was a month in which recession fears gave way to recession
assumptions. Indicators showed manufacturing slowing, the real estate sector stalled, and payrolls declining. The stock market declined, alarmingly. The Dow Jones dipped beneath 11,500 at mid-month, a descent veering close to a 20% correction from the 2007 high-water mark of just over 14,000 (and a 20% correction is a landmark of a bear market).
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Phone: 713-960-6692 • Fax: 713-960-6691
www.ZtGroupCo.com

Confidentiality And Security - We maintain physical, electronic and procedural safeguards to guard your personal account information. We also restrict access to your personal and financial data to authorized representatives of IMS Securities, Inc. and IMS Financial Advisors, Inc. who have a need for these records. We require all nonaffiliated organizations to conform to our privacy standards and are contractually obligated to keep the information provided confidential and used as requested. Furthermore, we will continue to adhere to the privacy policies and practices described in this notice even after your account is closed or becomes inactive.

We will continue to conduct our business in a manner that conforms with our pledge to you, your expectations and all applicable laws.

ZT Investments - Taseer Badar, Kraig Killough & Jason Harrison, Registered Representatives of IMS Securities, Inc. Member FINRA/SIPC. And Investment Advisor Reprentatives of IMS Finacial Advisors Inc. 10205 Westheimer., Suite 500, Houston, TX 77042 Phone 713-266-2993 Fax 713-266-2997.