All content is for information purposes only and should not be relied upon as individual advice. Investing always involves risk and possible loss of capital. All opinions expressed herein are the solely the opinions of the person making them. Participants and clients of ATX Financial Planning, and guests of this podcast, may maintain positions in the securities discussed in this podcast. Talk to your advisor before acting on anything. Nothing mentioned on this podcast, including specific investments mentioned, should be taken as a recommendation.

Advisory services are offered through ATX Financial Planning LLC, an SEC Investment Advisor. Insurance products and services are offered through Legalorian LLC dba The Portfolio Protection Store, an affiliated entity. ATX Financial Planning LLC and The Portfolio Protection Store are not affiliated with or endorsed by the Social Security Administration or any other government agency. Whenever you invest, you are at risk of loss of principal as the market fluctuates. Past performance is not indicative of future results. Purchases are subject to suitability. This requires a review of an investor’s objective, risk tolerance, and time horizons. Investing always involves risk and possible loss of capital.

Whenever we mention an ETF, fund or fund company, please visit their website, for more information, education, facts sheets, prospectuses, etc.

There are no assurances that any fund will be successful in providing the sought-after protection. The outcomes that any fund seeks to provide may only be realized if you are holding shares on the first day of the Outcome Period and continue to hold them on the last day of the Outcome Period. There is no guarantee that the Outcomes for an Outcome Period will be realized or that any Fund will achieve its investment objective. If the Outcome Period has begun and the Underlying ETF has increased in value, any appreciation of the Fund by virtue of increases in the Underlying ETF since the commencement of the Outcome Period will not be protected by the sought-after protection, and an investor could experience losses until the Underlying ETF returns to the original price at the commencement of the Outcome Period. Typically, shareholders in buffer-type funds are subject to an upside return cap that represents the maximum percentage return an investor can achieve from an investment in the funds for the Outcome Period, before fees and expenses. If the Outcome Period has begun and the Fund has increased in value to a level near to the Cap, an investor purchasing at that price has little or no ability to achieve gains but remains vulnerable to downside risks. Additionally, the Cap may rise or fall from one Outcome Period to the next. The cap, and the fund's position relative to it, should be considered before investing in the Fund.

Unless otherwise noted, cap rate and ranges are shown gross of management fees.

Management fees of the ETF’s and fund companies and any financial advisor fees would reduce your potential return below the cap rate and also worsen your downside risk.

The following marks: Accelerated ETFs®, Accelerated Plus ETF®, Accelerated Return ETF®, Barrier ETF®, Buffer ETF™, Defined Outcome Bond ETF®, Defined Outcome ETFs™, Define Your Future®, Enhanced ETF™, Floor ETF®, Innovator ETFs®, Leading the Defined Outcome ETF Revolution™, Managed Buffer ETF®, Managed Outcome ETF®, Step-Up™, Step-Up ETFs®, Defined Protection ETF®, 100% Buffer ETFs™ and all related names, logos, product and service names, designs, and slogans are the trademarks of Innovator Capital Management, LLC, its affiliates or licensors. We are not affiliated with Innovator.

ATX Financial Planning is not affiliated with Innovator® or Calamos® or any other fund company. ATX Financial Planning may utilize some of Innovator’s ETFs and Calamos® ETFs, and we often hold positions for ourselves and/or our clients in one or more of those companies’ ETFs, but there are many other ETF providers whose products we research, analyze and choose to use for our portfolios as well.

You should review the then-current pricing, cap rates, protection levels, etc. for that moment in time prior to purchasing any ETF.