Individual Retirement Plans

Picture your perfect retirement. Are you traveling across the country or around the world? Moving closer to family? Building a beach house or a mountain retreat? You decide the details of your retirement, and we’ll use our financial expertise to help you get there.

You Have Options

It doesn’t matter where you are on your financial journey, we’ll work with you to use the best strategies to realize your retirement dreams. Here are some of your options:

Traditional IRAs are individual retirement accounts funded with pre-tax income. The money grows tax-deferred, but you will pay ordinary income tax on your withdrawals.

Roth IRAs are individual retirement accounts that are funded with after-tax income. They grow tax-deferred, and the money can be withdrawn tax and penalty-free after age 59 ½ if the account has been open for five years.

Rollover IRAs are retirement accounts that allow you to consolidate funds from former employer-sponsored retirement plans to a traditional or Roth IRA. A rollover IRA allows you to preserve the tax-deferred status of your retirement funds and can be more efficient and easier to manage.

Inherited IRAs are accounts that are funded with assets inherited from an IRA or employer-sponsored retirement plan after the original owner dies.

Simplified Employee Pension (SEP) is a type of IRA that is available to employers and the self-employed. Employers can contribute to employees’ SEPs and to their own plan. SEPs allow for higher annual contribution limits than standard IRAs, and also offer tax benefits for employers.

SIMPLE IRAs (Savings Incentive Match Plan for Employees) allow employees and employers to contribute to traditional IRAs set up for employees. They are ideally suited as a start-up retirement savings plan for small employers not currently sponsoring a retirement plan.

Let’s talk about what works best for you. Call us at (518) 415-4401 or use this quick form and we’ll be in touch.