Why choose an IRA?
Most people make contributions to a 401K, but that’s not your only option for retirement. Especially for those who are self-employed, an IRA can be a big advantage for life after your career.
IRA’s are easy to set up
If you earn a taxable income, come see us and we’ll do all the work. There is no age limit, but your ability to contribute will depend on how much you report to the IRS. You can manage your investments on your own or you can choose to work with an investment professional.
Get unique tax breaks
With traditional IRA’s, you’re not required to start taking distributions until you’re 72, and you don’t have to pay taxes on your untaxed earnings while you contribute.
A Roth IRA provides tax-free distributions while in retirement. Defer your taxes or get them out of the way, the flexibility is all yours.
Take charge of your retirement
With a 401K, you’re part of a larger investment group, and your employer can change plans without your permission. If you leave your job, you lose the ability to continue making contributions to that account. With an IRA, you have more choices on how to invest your money, even if you switch jobs. In fact, you can even roll over your 401K into your IRA.