Financial and Retirement Planning

Retirement planning is essential to securing a level of comfort for you and your family when you retire. The most important steps to a happy retirement are wisely saving and investing your money. Whether you want to travel, pick up a new hobby or just relax in your retirement, it's important to plan for those "golden years."

We can help you plan for your retirement years with a variety of investment options and insurance products as shown below:

IRAs

Individual retirement accounts were established by the federal government to encourage people to save for their retirement by offering tax advantages.

Traditional IRA

Contributions up to $2,000 annually may be tax deductible and your earnings aren't taxed until the money is withdrawn.

Roth IRA

Roth IRAs offer greater tax savings and withdrawal flexibility. Eligibility is dependent on income.

Simple IRA

Simple IRA plans are retirement options, maintained on a calendar year basis, for small employers with less than 100 employees earning at least $5,000 for the preceding year.

Annuities

Annuities can provide a series of payments that typically start at retirement and continue for the rest of your life. They provide retirement income for a fixed period of time or for the rest of an annuitant's life. Retirement payments can begin immediately or be deferred to a time in the future.

401(k)

A 401(k) plan allows you to postpone receiving a portion of your salary until retirement. You can choose the amount of income you want to "send to the future," or defer annually. Here are a few advantages of a 401(k):

Chance of lowering your income rate by deferring a portion of your taxable income
Accessible money for certain situations such as buying a house, college fees or in some hardship situations
Your 401(k) plan will not impact your Social Security contributions
Your 401(k) is transferable so you can take it with you from job to job

Please contact us for more details.