We Act With Your Best Interests In Mind
Almost all of us will change employers at some point in our career. Fully understanding the options you have with your 401(k) plan balance can be challenging. We will help you understand your options so you can be confident in your decision. Generally you have four choices.
This information is not intended to be a substitute for specific individualized tax advice. We suggest that you discuss your specific tax issues with a qualified tax advisor. Contributions to a traditional IRA may be tax deductible in the contribution year, with current income tax due at withdrawal. Withdrawals prior to age 59 may result in a 10% IRS penalty tax in addition to current income tax. The term "stretch IRA" is a marketing term used to describe an IRA that is set up to extend the period of tax deferred earnings beyond the lifetime of the individual who created the account. The accounts are typically designed to last over multiple generations. Investing involves risk, including possible loss of principal.
INVESTMENTS AND PLANNING
Bringing all of your investment and financial accounts together can be a challenge. It can be even more of a challenge to understand what it all means as one unit. We make it easy to pull it all together and provide the answers in simple terms. We want to simplify your financial life.