There are so many things to know. Use this reference guide to get started.		Download 2012 Tax Planning Guide   Fund Fact Sheets Prospectus Summary Prospectuses Annual Report Semi-Annual Report     Why Invest Setting investment goals What is a mutual fund Understanding risk and reward What are asset classes Value of asset allocation Dollar cost averaging Compounding Value of a professional
2012 Federal Tax Brackets Taxable income between: Married, filing joint and surviving spouses $0–$17,400 10% $17,401–$70,700 15% $70,701–$142,700 25% $142,701–$217,450 28% $217,401–$388,500 33% Over $388,500 35% Single, other than survising spouses and head of household $0–$8,700 10% $8,701–$35,350 15% $35351–$86,650 25% $86,651–$178,650 28% $178,651–$388,350 33% Over $$388,350 35% Married, filing separately $0–$8,700 10% $8,701–$35,350 15% $35,351–$71,350 25% $71,351–$108,725 28% $108,726–$194,175 33% Over $194,175 35% Head of household $0–$12,400 10% $12,401–$47,350 15% $47,351–$122,300 25% $122,301–$198,050 28% $198,051–$388,350 33% Over $388,350 35%   Exemptions/Contributions Standard deduction Married, filing jointly $11,900 Single $5,950 Married, filing separately $5,950 Head of household $8,700 Blind or over 65, add $1,150 if married; $1,450 if single or head of household. Personal exemption $3,800 Kiddie tax brackets $1,900 $0–$950 10% Unearned Income >$950 Child's own tax rate Unearned Income >$951–$1,900 Child's own tax rate Unearned Income >$1,900 Generally parents highest marginal tax rate   529 Plan contributions $13,000/yr. Accelerate 5 years of gifting into 1 year $65,000 Per couple $130,000 Phaseout of Hope Credit Single and head of Household $80,001–$89,999 Joint $160,001–$179,999 Phaseout of Lifetime learning credits Single $52,001–$61,999 Joint $104,001–$123,999 Long-term Capital Gains/ Qualified Dividend Rates   10-15% brackets 0% >15% brackets 15%     Deductions/Contributions for Retirement IRA and Roth IRA contributions Under age 50 $5,000 50 and over $6,000 Phaseout for deducting IRA Contribution (Plan participant) Joint $92,001–$111,999 MAGI Single or head of household $58,001–$67,999 MAGI Spousal IRA $173,000–$182,999 MAGI Phaseout of Roth IRA contribution eligibility Joint $173,000–$182,999 MAGI Single $110,000–$124,999 MAGI Filing separately $1–$9,999 MAGI SEP Contribution   Up to 25% of compensation, limi $50,000 Compensation to participate in SEP $550 SIMPLE-IRA elective deferral Under age 50 $11,500 50 and over $14,000 401(k), 403(b), 457 and SARSEP and certain other employer plans Under age 50 $17,000 50 and over $22,500 Limit on additions to defined contribution plans $50,000 Annual benefit limit on defined benefit plan $200,000 Highly compensated employee makes in 2010 $115,000 Annual compensation taken into account for qualified plans $250,000

Accessing Your Retirement Savings

If you have an IRA (other than a Roth IRA) and reach age 70½ during a calendar year, tax laws require you to begin taking out at least a minimum amount in specific increments, known as the Required Minimum Distribution (RMD). You must take an RMD by December 31 of each year. For the first year only, you may delay taking your first RMD to no later than April 1 of the year following the year you turn age 70½. The exact amounts change from year to year and are calculated by dividing the previous year-end value of your account by the distribution period determined by the IRS.

The table below is called the Uniform Lifetime Table. It is one of three life-expectancy charts published by the IRS to help you calculate your mandatory distribution. (Other tables are for your beneficiaries and for account holders with spouses more than 10 years younger.) Simply divide your previous year-end account value by the “distribution period” factor (based on your age at the end of the year) to find your RMD.

Required Minimum Distributions from Your Retirement Account

Your Age Distribution Period (Years)   70 27.4 71 26.5 72 25.6 73 24.7 74 23.8 75 22.9 76 22.0 77 21.2 78 20.3 79 19.5 80 18.7 81 17.9 82 17.1 83 16.3 84 15.5 85 14.8

Your Age Distribution Period (Years)   86 14.1 87 13.4 88 12.7 89 12.0 90 11.4 91 10.8 92 10.2 93 9.6 94 9.1 95 8.6 96 8.1 97 7.6 98 7.1 99 6.7 100 6.3 101 5.9

Your Age Divisor Period (Years)   102 5.5 103 5.2 104 4.9 105 4.5 106 4.2 107 3.9 108 3.7 109 3.4 110 3.1 111 2.9 112 2.6 113 2.4 114 2.1 115 and older 1.9

Source: IRS.gov

Neither Huntington nor any agents or representatives are authorized to give legal, tax or accounting advice, and this information is not intended to be considered as legal, tax or accounting advice. We suggest you consult your attorney, tax advisor or accountant on specific points of interest to you.

Huntington Funds are investment options only and are not providers of retirement plans.

Mutual funds are subject to risks and may fluctuate in value.

For more complete information about the Huntington Funds call 800-253-0412 or visit huntingtonfunds.com for a prospectus and/or summary prospectus. You should consider the Funds’ investment objectives, risks, charges, and expenses carefully before you invest. Information about these and other important subjects is in the Funds’ prospectus and/or summary prospectus, which you should read carefully before investing.

The Funds are distributed by Unified Financial Securities, Inc. (Member FINRA) a wholly owned subsidiary of Huntington Bancshares, Inc.
and an affiliate of Huntington Asset Advisors, Inc., the advisor to the Huntington Funds. (12/11)