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Tony Toska JSM, L.L.M

EDUCATING CLIENTS WITH THEIR 401K RETIREMENT PLANS

Northwestern Mutual Investment Services,LLC

Estero

FL

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Overview

Services

Advisor Services

  • Financial Planning
    • -Estate Planning
    • -Comprehensive Financial Planning
    • -Retirement Planning
    • -College Planning
    • -Charitable Planning
    • -Other Financial Planning
  • Insurance
    • -Life Insurance
    • -Long-Term Care Insurance
    • -Annuities
  • Pension Consulting
    • -401k
    • -403b
    • -457
    • -Defined Benefit
    • -Other Pension Consulting
  • Portfolio Management
    • -Individuals and/or Small Businesses
    • -Investment Companies
    • -Businesses or Institutional Clients
    • -Other Portfolio Management

Funds

Firm Client types

Qualifications

Experience

No timeline events available.
Employer Years Dates
Northwestern Mutual Wealth Management Company 3 years, 5 months Jan 2016 - Present
Northwestern Mutual Investment Services, LLC 10 months May 2015 - Mar 2016
Northwestern Mutual Investment Services, LLC 6 years, 1 month May 2013 - Present
Northwestern Mutual Life Insurance Company 6 years, 4 months Feb 2013 - Present
Wellsfargo 6 months May 2012 - Nov 2012
Mazda Dealership 3 months Feb 2012 - May 2012
Lindburgers 5 years, 8 months Mar 2006 - Nov 2011

Designations & Memberships

  • Financial Planning Association
    Membership
    Financial Planning Association
    The Financial Planning Association (FPA®) is the largest membership organization for personal financial planning experts in the U.S. and includes professionals from all backgrounds and business models. We help connect thousands of consumers to competent and ethical planners who uphold the FPA Standard of Care.
  • Million Dollar Round Table
    Membership
    Million Dollar Round Table
    The Premier Association of Financial Professionals, is an international, independent association of more than 38,000 of the world's leading life insurance and financial services professionals from more than 450 companies in 74 countries. MDRT members demonstrate exceptional professional knowledge, strict ethical conduct and outstanding client service. MDRT membership is recognized internationally as the standard of excellence in the life insurance and financial services business.
  • National Association of Independent Retirement Plan Advisors
    Membership
    National Association of Independent Retirement Plan Advisors
    The National Association of Independent Retirement Plan Advisors (NAIRPA) is a leader in the transformation of the national retirement system to improve transparency, effectiveness, and governance.
  • Retirement Advisor Council
    Membership
    Retirement Advisor Council
    The Council advocates for successful qualified plan and participant retirement outcomes through the collaborative efforts of experienced, qualified retirement plan advisors, investment firms and asset managers, and defined contribution plan service providers.
  • Society of Trust and Estate Practitioners
    Membership
    Society of Trust and Estate Practitioners
    The Society of Trust and Estate Practitioners (STEP) is the leading worldwide professional body for practitioners in the fields of trusts, estates and related issues. STEP members help families secure their financial future and protect the interests of vulnerable relatives. STEP promotes the highest professional standards through education and training, leading to widely respected professional qualifications.
  • Certified Senior Advisor
    Designation
    Certified Senior Advisor
    The Certified Senior Advisor (CSA) program gives you the advanced knowledge and practical tools to serve seniors at the highest level possible while giving you a powerful credential that increases your competitive advantage over other professionals.
  • Financial Services Specialist
    Designation
    Financial Services Specialist
    The Financial Services Specialist (FSS) designation is a new program designed to provide professionals with high-impact sales skills and introductory-level technical knowledge.

Articles and Answers

Insights by Tony Toska

5 key insights you need to know
Published 2016-01-27 21:17:00
Guide to retirement savings
Published 2016-01-27 21:10:26
    *Articles are published by advisors without compensation.

    Answers

    Ask a financial questionAsk a question
    Can I cash it out ? my 401k from my old job ? I was fired and still have an active 401k?
    Hi Joseph, the answer to your question is "it depends". Option that you have are : roll it over to another 401k plan if you are or willing to be employed by another company that has equal or verified and allowed plan to receive other qualified plan proceeds. Secondly, roll it over into an IRA held ...  (more)
    Answered Jan 2016
    401K plan fails ADP test, participant receives distribution?
    Brian, I agree with Guy. You are stating Penalty and loss. This two words are totally different and construed to be ambiguous in format. Your Plan administrator/record keeper takes distribution elected by you via thru employer, or in this instance plan Trustee. If it is a loss, then should show whic...  (more)
    Answered Jan 2016
    I need to found my 401K plans from ex employees?
    If you don't remember there is a good chance you may not have one established. However, to make sure you must contact your HR director and consult with him/her if such plan is in fact applicable to you. Also, a great way of determined whether you had one is also looking into your tax returns or prio...  (more)
    Answered Jan 2016
    How long can your employer(Trustee) legally hold your 401k funds before approving your withdraw request?
    That depends on provisions added to the 401k plan. If it has any contribution by employer in profit sharing plan then depending on your tenure with employer such contribution can be subject to vesting period. If it is just a 401k with no profit sharing then any election of contribution made by you i...  (more)
    Answered Jan 2016
    Receiving mothers 401k/profit sharing plan?
    Hi Alex,That's very common in equitable property states. Assuming such inheritance was passed by operation of law or bequest to heirs. Such inheritance can be held with plan trustee into a conservatorship account with restrictions imposed due to state prudent investor rule. As you were deemed to be...  (more)
    Answered Jan 2016
    Should I get an EIN at the time I form my LLC?
    to form an LLC whether you elect to be taxed as C-corp or S-corp EIN number is a requirement for federal and state tax reporting purposes. Limited liability company should be stand alone entity for the purpose of liability protection. You should be able to establish EIN via online form at IRS.govAl...  (more)
    Answered Jan 2016
    Are they violating their fiduciary duties?
    Hi James, Under no circumstances 401k plans should limit participants for elective deferrals. Such plan should abide by ERISA (404c) and shall not assign limitations. If what you say is true then such plan should be looked for misguidance from TPA record keeper and plan formation clauses. Limitatio...  (more)
    Answered Jan 2016
    What to do with a non-deductible Traditional IRA?
    I agree with above messages. That kind of amount should be converted into a ROTH IRA if is not going to be a tax burden for you. (consult with a CPA before you decide such) Just be aware that tax is deemed for the entire amount if you have taken a deduction, if not only on the profit. I hope this he...  (more)
    Answered Feb 2016
    If you had $100,000 - would you pay off a portion of 30 year mortgage debt at 3.9% or invest it?
    good question Daniel! There is a lot of criteria to consider before making a recommendation. However, there is no right and wrong answer here. One should ask is credit protection somehow important for you? If this answer is yes then putting money to offset real estate debt might be a good answer (as...  (more)
    Answered Mar 2016
      *Answers are submitted by advisors without compensation.

      Licenses & Conducts

      SEC
      U.S. Securities and Exchange Commission
      • license status
        Registered
      • disclosures
        None
      • as of date
        May 23, 2018
      FINRA
      FINRA
      • license status
        Registered
      • disclosures
        None
      • as of date
        May 23, 2018
      Review the status and details of the disclosures noted above using the SEC's Investment Advisor Public Disclosure website:

      Assets

      Advisor

      Last updated on May 24, 2018
        • $61.1M
          Total Assets Under Management
        • $0
          Total Assets Under Advisement
        • 0
          number of clients
        • $0
          Estimated Average Account Balance Per Client

      Northwestern Mutual Investment Services,LLC

      Last updated on May 31, 2019
        • N/A
          Total Assets Under Management
        • N/A
          Total Assets Under Advisement
        • N/A
          Accounts
        • N/A
          Estimated Average Account Balance

      Fees

      Types of Compensation Arrangements