|
Individual Retirement
Accounts
| Home
We all go to work
looking forward to the day we can retire. That day
will come a lot sooner if you begin investing for
your retirement at a young age. One of the ways to
invest is through the establishment of an Individual
Retirement Account.
An IRA is a type of
account that has been established by Congress to
assist people with planning for their retirement
needs. Generally any money put into an IRA cannot
be taken out before age 59 ½ without penalty from
the IRS (there are some exceptions to this rule).
The hope of Congress was that by establishing these
retirement plans people who do not have retirement
plans available to them at their place of employment
would begin a savings plan using this type of
account.
To simplify your
retirement savings we can set up an automatic
transfer on a periodic basis from your checking or
savings account into an IRA account.
We are able to establish
a Roth IRA, a traditional IRA, and/or the
educational IRA. We can also set up a SEP IRA if
you are the owner of a small business. |
