The NYSUT Member Benefits Corporation Board of Directors is pleased to announce their recent endorsement of a new Financial Counseling Program.

Provided by Stacey Braun Associates Inc., an independent investment advisory company, members will receive unbiased and objective advice customized for every financial situation. Stacey Braun’s planners and advisors are fee-based and prohibited from selling investment or insurance products.

The program’s annual fee is $260, reduced to $250 if paying through payroll or pension deduction.

Members who enroll are entitled to six hours of toll-free phone consultations with a Stacey Braun certified financial planner or registered investment advisor. Members can request customized written summaries and reports on a variety of financial issues. Specific 403(b) advice is also included in the program.

Other benefits include access to the Stacey Braun password-protected Web site and a 24-hour e-mail helpdesk for basic financial questions.

In-person consultations, limited to 90 minutes, can be arranged for an additional fee of $250.

In addition to the full-service program, another option offered is a 403(b) Limited Financial Counseling Program, which carries an annual fee of $185, reduced to $175 when paid through payroll or pension deduction. The limited program includes toll-free phone consultations to discuss 403(b) programs only, with a six-hour limitation.

For information about this program or about contractual expense reimbursement/endorsement arrangements with providers of endorsed programs, please contact NYSUT Member Benefits at (800) 626-8101, visit www.memberbenefits.nysut.org or refer to your NYSUT Member Benefits Trust Summary Plan Description.

Agency fee payers to NYSUT are eligible to participate in NYSUT Member Benefits-endorsed programs.