Traditional
IRA

Traditional IRA

Individual Retirement Accounts may offer tax advantages that help you achieve your future goals. Traditional IRAs can offer immediate tax advantages.

Roth
IRA

Roth IRA

A Roth IRA may be more appropriate if you expect your tax rate to be the same as it is today or higher during retirement.

Simplified
Employee Pension

Simplified Employee Pension

The Simplified Employee Pension IRA plan allows business owners to provide retirement benefits to their employees. It is the perfect option for those who are self employed.

Traditional IRA

Traditional IRAs are generally a good option if you are eligible to make deductible contributions and expect your tax rate to be lower that it is today in retirement.

  • You are eligible if you have earned income and will be under the age of 70 ½ on December 31
  • Your funds are eligible for withdrawal at or after age 59 ½
  • Contributions may be tax deductible
  • Earning grow tax-deferred until withdrawn
  • Always consult a tax advisor
Traditioanl IRA
Roth IRA

Roth IRA

If your income excludes you from getting a deduction for contributions a Roth IRA might be the right choice for you.

  • Earned Income Required
  • Contributions are not tax deductible and can be withdrawn tax free at any time
  • Earnings are tax free if over 59 ½ and account has been open 5 or more years
  • Income based contribution limits may apply
  • Always consult a tax advisor

Simplified Employee Pension

A SEP IRA allows eligible employees and self employed individuals to benefit from all the advantages of a Traditional IRA, but with higher contribution limits.

  • Funds are invested tax deferred
  • Money contributed to the SEP IRA belongs to the employee immediately
  • The plan is established by the employer
  • Always consult your tax advisor
Simplified Employee Pension