A Traditional IRA is a tax-advantaged personal savings plan where contributions may be tax deductible.
A Roth IRA is a tax-advantaged personal savings plan where contributions are not deductible but qualified distributions may be tax free.
A SEP is a Simplified Employee Pension plan set up by an employer. Contributions are made by the employer directly to an IRA set up for each employee.
A 401(k) and 403(b) is a feature of a qualified profit-sharing plan that allows employees to contribute a portion of their wages to individual accounts.
There are many benefits when it comes to retirement planning. By planning in advance, you can dictate how and when you wish to retire with your money. Every plan is different, and that is why it is important to create a plan designated to your own needs. Our advisors are here to help you pursue your retirement goals and help you reach a brighter financial future!