Mark Sheptoff Financial Planning LLC

Item 5       Fees and Compensation

                     PORTFOLIO MANAGEMENT SERVICES FEES

The annualized fee for Portfolio Management Services will be charged as a percentage of assets
under management and charged quarterly in advance, according to the following schedule:

                      Assets Under Management                       Annual Fee
                      Under $1,000,000                                  1%

                      Over $1,000,000                                    3/4%

A minimum of $250,000 of assets under management is required for this service. This account
size may be negotiable under certain circumstances. Mark Sheptoff Financial Planning LLC
may group certain related client accounts for the purposes of achieving the minimum account
size and determining the annualized fee.

Limited Negotiability of Advisory Fees: Although Mark Sheptoff Financial Planning LLC has
established the aforementioned fee schedule(s), we retain the discretion to negotiate alternative
fees on a client-by-client basis. Client facts, circumstances and needs will be considered in
determining the fee schedule. These include the complexity of the client, assets to be placed
under management, anticipated future additional assets; related accounts; portfolio style, account
composition, reports, among other factors. The specific annual fee schedule will be identified in
the contract between the adviser and each client.

We may group certain related client accounts for the purposes of achieving the minimum account
size requirements and determining the annualized fee.

Discounts, not generally available to our advisory clients, may be offered to family members and
friends of associated persons of our firm.

                                FINANCIAL PLANNING FEES

Mark Sheptoff Financial Planning LLC's Financial Planning fee will be determined based on the
nature of the services being provided and the complexity of each client's circumstances. All fees
are agreed upon prior to entering into a contract with any client.

Our Financial Planning fees are calculated and charged on an hourly basis, from $300 per hour.
Although the length of time it will take to provide a Financial Plan will depend on each client's
personal situation, we will provide an estimate for the total hours at the start of the advisory
relationship.

The client will be billed quarterly in arrears based on actual hours accrued.

                               CONSULTING SERVICES FEES

Mark Sheptoff Financial Planning LLC's Consulting Services fee will be determined based on
the nature of the services being provided and the complexity of each client's circumstances. All
fees are agreed upon prior to entering into a contract with any client.

Our Consulting Services fees are calculated and charged on an hourly basis, from $300 per hour.
An estimate for the total hours is determined at the start of the advisory relationship.

The client will be billed in arrears on a monthly basis as earned.

                                  GENERAL INFORMATION

Termination of the Advisory Relationship: A client agreement may be canceled at any time, by
either party, for any reason upon receipt of 30 days written notice. As disclosed above, certain
fees are paid in advance of services provided. Upon termination of any account, any prepaid,
unearned fees will be promptly refunded. In calculating a client's reimbursement of fees, we will
pro rate the reimbursement according to the number of days remaining in the billing period.

Mutual Fund Fees: All fees paid to Mark Sheptoff Financial Planning LLC for investment
advisory services are separate and distinct from the fees and expenses charged by mutual funds
and/or EFTs to their shareholders. These fees and expenses are described in each fund's
prospectus. These fees will generally include a management fee, other fund expenses, and a
possible distribution fee. If the fund also imposes sales charges, a client may pay an initial or
deferred sales charge. A client could invest in a mutual fund directly, without our services. In

that case, the client would not receive the services provided by our firm which are designed,
among other things, to assist the client in determining which mutual fund or funds are most
appropriate to each client's financial condition and objectives. Accordingly, the client should
review both the fees charged by the funds and our fees to fully understand the total amount of
fees to be paid by the client and to thereby evaluate the advisory services being provided.

Additional Fees and Expenses: In addition to our advisory fees, clients are also responsible for
the fees and expenses charged by custodians and imposed by broker dealers, including, but not
limited to, any transaction charges imposed by a broker dealer with which an independent
investment manager effects transactions for the client's account(s). Please refer to the
"Brokerage Practices" section (Item 12) of this Form ADV for additional information.

IF APPLICABLE: Grandfathering of Minimum Account Requirements: Pre-existing
advisory clients are subject to Mark Sheptoff Financial Planning LLC's minimum account
requirements and advisory fees in effect at the time the client entered into the advisory
relationship. Therefore, our firm's minimum account requirements will differ among clients.

Advisory Fees in General: Clients should note that similar advisory services may (or may not)
be available from other registered (or unregistered) investment advisers for similar or lower fees.

Limited Prepayment of Fees: Under no circumstances do we require or solicit payment of fees
in excess of $1,200 more than six months in advance of services rendered. As state-registered
advisers are subject to the rules and regulations of their home state (i.e., the state in which the
firm maintains its principal place of business) these firms should review home state requirements
...

Item 7      Types of Clients
Mark Sheptoff Financial Planning LLC provides advisory services to the following types of
clients:
     Individuals (other than high net worth individuals)
        High net worth individuals
        Pension and profit-sharing plans (other than plan participants)
        Charitable organizations
        Corporations or other businesses not listed above