Individual Retirement Account (IRA)
Details
We help customers save for retirement in a tax-efficient way by offering different types of IRAs and guiding them on how to use each one strategically.
Traditional IRA –Tax break now, taxes later. A good fit if a customer wants potential tax savings today and can expect to be in a lower tax bracket in retirement.
Roth IRA –No tax break now, tax-free later. Ideal if a customer wants tax-free income in retirement and can expect taxes to be higher in the future.
Roth Conversion – Move from tax later → tax free later (by paying tax now). A planning strategy as we help customers decide whether it makes sense to pay taxes today to reduce taxes later.
Rollover IRA – Move retirement money without taxes or penalties. Allows customers to keep their retirement savings working when they change jobs or retire without triggering taxes.