Retirement Choices

Which Retirement Account Should I Choose?

Please speak with your financial planner or tax advisor for help with making important investment decisions.

Traditional IRA
The Traditional IRA allows you to defer taxes on the earnings to your contributions until they are withdrawn. Also, certain contributions are tax-deductible in the tax year for which you make them.

Contributions may be tax-deductible.
All transactions and earnings within the IRA have no tax impact.
Withdrawals at retirement are taxed as income.

Roth IRA
The Roth IRA allows only non-deductible contributions and features tax-free withdrawals for certain distribution reasons after a five year holding period. Since the Roth IRA contributions are non-deductible and taxed in the year they are earned, if you expect to be in a higher tax bracket when you retire, you may benefit more from a Roth IRA than from a Traditional IRA.

Contributions are made with after-tax assets.
All transactions within the IRA have no tax impact.
Withdrawals are usually tax-free.

401(k) Plan Checking
For those individuals working with a qualified Investment Advisor and who have an established solo 401(k) Plan & Trust, we offer an interest checking account.

LLC Retirement Plan Checking
For those who have established an LLC to facilitate retirement plan investing, we offer a checking account for your LLC.

Business Money Market
For those with an established 401(k) Plan & Trust or LLC owned by a retirement plan who only need limited checking services, we offer a Money Market Account that earns a competitive interest rate.