Individual Insurance | Retirement | Investments | Planning Services | Benefits Through Your Employer

Individual Retirement Accounts (IRA) are retirement plan accounts that provide some tax advantages for retirement savings in the United States. There are many different types of retirement accounts, Contact one (link here for contact) of our Financial Representatives for a personal consultation.

  • Traditional IRA- Contributions to this IRA account are often tax-deductible. Also, all transactions and earnings within the IRA have no tax impact, and withdrawals at retirement are taxed as income (except for those portions of the withdrawal corresponding to contributions that were not deducted).

  • Roth IRA- Contributions are made with after-tax assets and all transactions within the IRA have no tax impact. In addition, withdrawals are usually tax-free.

  • Sep IRA- An IRA account named after a provision that allows an employer (typically a small business or self-employed individual) to make retirement plan contributions into a Traditional IRA established in the employee's name. This is usually used in lieu of a pension fund or a 401k.

  • Simple IRA- A simplified employee pension plan that allows both employer and employee contributions, similar to a 401(k) plan, but with lower contribution limits and simpler (and thus less costly) administration

Although the market conditions have been quite difficult to watch lately wise investment & financial planning is something that still needs to be a priority. A Financial Professional can help evaluate your risk tolerance and can work with you to align your investments accordingly. Your financial plan can then be evaluated on a yearly basis, or sooner, to ensure life events and or market conditions don’t mandate a change to the investment strategy.




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