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With the investment options available to today’s retirees and pre-retirees, the right decision isn’t always clear. Let our team of retirement specialists light the way with an investment strategy tailored to you.

Here’s a look at the investment options we can help you maximize.


An individual retirement account (IRA) is a financial tool used to accrue savings during your working years. There are a variety of IRA options, but Roth and traditional are the most common. IRAs can vary in terms of contribution limits, taxes and withdrawal rules, but the benefits remain the same:1

  • Consistent savings during your working years
  • The ability to limit your tax bill
  • Investment options
  • A variety of IRA options to match your financial and employment situation

What is a Roth IRA?

Roth IRAs are tax-advantaged savings accounts that are funded with after-tax dollars, meaning you can make tax-free withdrawals during retirement. These are ideal if you predict higher taxes in retirement; however, you can’t contribute to a Roth if your income is above a certain level. In 2019, the cut-off for singles was $137,000 in annual income; for married couples, it was $203,000.2

Roth Conversions

If you have money in a traditional IRA that you’d like to move to a Roth, consider a conversion (also referred to as a rollover). This involves moving money from your traditional account to a Roth. Conversions are a common solution for pre-retirees in need of diversified savings.

Broker Accounts

Broker accounts involve depositing money to a licensed brokerage firm that makes trades on your behalf. Which kind of broker firm you work with will vary based on your knowledge of investments and ability to pay fees.

  • Full-service brokers: These firms work with you on a one-on-one basis but sometimes charge commissions on trades or advisory fees.
  • Discount brokers: These firms allow more of a do-it-yourself approach and charge lower fees. Discount offices are best suited for those who are familiar with investments and understand the risks of handling their own assets.

Working with a broker has several advantages:

  • Professional guidance
  • Varying levels of control of your money
  • Access to diverse investments

Don’t forget: No matter the type of broker you work with, you’re responsible for paying capital gains taxes on your accounts

Mutual Funds

Mutual funds are collections of money from investors that are invested in securities like stocks and bonds. These funds are operated by money managers whose job is to grow the fund and produce additional capital gains and income for investors; gains and losses in mutual funds are proportionate to your investments. Mutual finds provide some unique perks:

  • Access to professionally managed portfolios
  • The ability to invest in diverse securities
  • Relative gains/losses

Health Savings Accounts (HSA)

HSAs are personal savings accounts for qualified health care expenses. Most HSAs require you to enroll in high-deductible health plans. Contributions to your HSA can come from a variety of places, including personal income, employers and relatives.

There are limits to how much you can contribute to an HSA. In 2019, the limit was $3,500 for individuals, $7,000 for families and an additional $1,000 catch-up contribution for anyone age 55 or older.3 If you’re considering an HSA, there are some distinct advantages:

  • Diverse contribution options
  • A variety of taxing options
  • Annual rollovers

1 https://www.nerdwallet.com/article/investing/learn-about-ira-accounts

2 https://www.investopedia.com/terms/r/rothira.asp

3 https://www.irs.gov/publications/p969



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