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Retirement is a unique opportunity to rediscover passions, embark on new experiences, and spend cherished moments with loved ones. It's a time to savor the freedom you've worked hard to achieve and to live life on your own terms.

However, achieving this dream requires careful planning and a partner you can trust.

Speak to one of our Advisors to begin your retirement journey.

Traditional IRA

A traditional IRA is an account to which you can contribute pre-tax or after-tax dollars. Your contributions may be tax deductible depending on your situation, helping to give you immediate tax benefits.

Why to consider a Traditional IRA?

A Traditional IRA allows your money to grow tax-deferred, but you will have to pay ordinary income tax on your withdrawals. You must start taking distributions after reaching 73 years of age. Unlike a Roth IRA, there are no income limitations to open a Traditional IRA. It may be a good choice for those who anticipate being in the same or a lower tax bracket in the future.

Roth IRA

 Contributing after-tax dollars to a retirement account offers no current-year tax benefits, but your contributions and earnings grow tax-free. After age 59½ and five years of account opening, you can withdraw funds tax and penalty-free.



Why to consider a Roth IRA?

A Roth IRA shields clients from potential future tax rate hikes, offering after-tax returns and allowing compounding growth within a tax-sheltered account. Withdrawals are tax-free, making it a valuable tool for legacy planning, with no required RMDs and tax-free inheritance for heirs. For younger clients in lower income brackets, it allows after-tax contributions at reduced rates, plus the flexibility to withdraw contributions if needed.

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