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Services

Personal Retirement Plans

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Individual Retirement Plans (IRAs) are tax-advantaged savings accounts designed to help individuals save for retirement. There are several types of IRAs, each with different rules and benefits. The most common types of IRAs are Traditional IRAs, Roth IRAs, SEP IRAs, SIMPLE IRAs, and Self-­Directed IRAs.

Traditional IRAs are tax-deferred retirement accounts that allow individuals to make pre-tax contributions and defer taxes on earnings until withdrawal. Contributions are tax-deductible, and withdrawals are taxed as ordinary income.

Roth IRAs are after-tax retirement accounts that allow individuals to make after-tax contributions and withdraw earnings tax-free in retirement. Contributions are not tax deductible, but withdrawals are tax free.

SEP IRAs are employer-sponsored retirement accounts that allow employers to make contributions on behalf of their employees. Contributions are tax-deductible, and withdrawals are taxed as ordinary income.

SIMPLE IRAs are employer-sponsored retirement accounts that allow employers and employees to make contributions. Contributions are tax ­deductible, and withdrawals are taxed as ordinary income.
Self-Directed IRAs are retirement accounts that allow individuals to invest in a wide range of investments,including stocks, bonds, mutual funds, real estate, and more. Contributions are tax-deductible and withdrawals are taxed as ordinary income.

Please Note: Investing involves risk and you may incur a profit or loss regardless of strategy selected, including diversification and asset allocation.

Business Retirement Plans

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A 401k plan offers a number of benefits to employees and business owners. It can help attract and retain quality employees, as it provides a retirement savings option that is attractive to potential employees. It can also help reduce taxes, as contributions to a 401k plan are tax-deductible. Additionally, it can help business owners build relationships with their employees, as it shows that the business is invested in their employees’ financial future. Some key benefits for the employees may include:

  • Tax Benefits: Contributing to a 401k plan allows employees to reduce their taxable income, as contributions are made with pre-tax dollars.
  • Employer Matching: Many employers offer matching contributions to their employees’ 401k plans, which can significantly increase the amount of money saved.
  • Retirement Savings; 401k plans are a great way for employees to save for retirement, as the money saved in the plan can grow over time.
  • Investment Options: 401 k plans typically offer a variety of investment options, allowing employees to choose investments that best suit their needs.
  • Portability: 401k plans are portable, meaning that employees can take their savings with them if they change jobs.

Annuity & Life

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Annuity policies are a type of insurance policy that provide a guaranteed income stream for a set period of time. They can be beneficial for those who are retired or nearing retirement. Additionally, annuity policies can provide tax advantages, as the income stream is often tax-deferred. On the other hand annuity policies can be expensive, as they often require a large upfront payment. Additionally, annuity policies can be difficult to understand, as they involve complex financial instruments and can be difficult to compare to other types of investments. Furthermore, annuity policies are not liquid, meaning that the money cannot be withdrawn until the end of the policy period.

Life insurance policies are a type of insurance policy that provide a death benefit to the policyholder’s beneficiaries in the event of the policyholder’s death. They can provide financial security to the policyholder’s family (or business) in the event of their death. Additionally, life insurance policies can provide tax advantages, as the death benefit is often tax-free. Life insurance policies can be expensive, as they often require a large upfront payment. Additionally, life insurance policies can be difficult to understand, as they involve complex financial instruments and can be difficult to compare to other types of investments.

Please Note: These policies have exclusions and/or limitations. The cost and availability of life insurance depend on factors such as age, health and the type and amount of insurance purchased. As with most financial decisions, there are expenses associated with the purchase of life insurance. Policies commonly have mortality and expense charges. In addition if a policy is surrendered prematurely, there may be surrender charges and income tax implications. Guarantees are based on the claims paying ability of the insurance company.

Wealth Management

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At our wealth management team, we provide comprehensive financial planning and investment services tailored to your individual needs. Our team of experienced professionals will work with you to develop a personalized plan that meets your financial objectives. We will provide you with the guidance and resources you need to make informed decisions about your investments and financial future.

We understand that managing your wealth can be a complex and daunting task. That’s why we are committed to providing you with the highest level of service and support. We will be available to answer any questions you may have and provide you with the information you need to make the best decisions for your financial future.

We look forward to working with you and helping you reach your financial goals.

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Please Note: Investing involves risk and you may incur a profit or loss regardless of strategy selected, including diversification and asset allocation