Our Services

Pensions are typically a large portion of an individual’s retirement. We assist clients with effectively rolling over the following employer retirement plans into a traditional IRA account:

• 401 K

• Profit Sharing Plans

• 403 B

• 457

• Defined Benefit

• SEP

• Simple IRA

• Non-Qualified Deferred Compensation Plans

• Traditional IRA conversion to Roth IRA

A 401K is a type of savings account that enables employers to help their employees save for retirement while reducing taxable income. Employees can choose to deposit part of their earnings into their 401K account and defer the income tax payable until the money is later withdrawn in retirement.

Earnings on money in a 401K are never taxed before funds are withdrawn. Employers often match a portion of their employees’ contributions.

We help small business owners create and manage an employee 401K program. This includes creating a section of portfolios of different risk tolerances and objectives from which the employees may choose.

Life insurance provides you with peace of mind and can help provide for your loved ones in the event of your passing. There are many options available. Choosing the right life insurance for you and your family is essential.

Life insurance is a contract between the policy owner and the insurer. The insurer agrees to pay a designated beneficiary upon the insured’s death or, in some cases, a critical or terminal illness. In return, the policy owner agrees to pay a stipulated amount at regular intervals or in a lump sum.

We can help you understand what coverage you need to adequately provide for your loved ones.

You may be taking care of your elderly parents now or looking at that possibility in the near future. According to a report from USA Today/ABCNews/Gallup Poll, 41 percent of baby boomers are helping take care of elderly parents by providing personal help, financial assistance or both.

If you have not yet planned for long-term care and financial help prior to your own need for care, a difficult burden may fall on your family. Decisions about how your care will be paid for, who will be responsible for managing your estate and what care will be necessary are questions we can help you address. Choosing the right long-term care product can be a valuable tool for your future.

Imagine your child coming to you with an acceptance letter from “the” college. The one they’ve been dreaming about all through high school and perfectly matches their career aspirations. Perhaps it’s even your own alma mater.

Now imagine that scenario knowing you’ve done your homework, too. You have the resources to afford the college of choice. We can help you plan for school funds by using tools such as:

529 Plan – allows for the prepayment of qualified higher education expenses at eligible educational institutions.

Coverdell ESA (Educational Savings Account) – an investment vehicle designed to help parents fund their child’s education. Contributions are taxed, but earnings used to pay education expenses are not. The account is transferrable among family members.

UTMA (Uniform Transfers to Minor’s Act) – most often refers to an account set up to hold assets for a minor. Investing through a UTMA account often has a sizable tax benefit over investing in a parent’s name.

We can help you understand the difference between these financial tools and identify a prudent plan for your financial goals.

We can help you develop a plan for the various issues related to estate planning. While we cannot provide tax or legal advice, we can refer you to an attorney or work with your current attorney and/or accountant to develop plans for:

• Will

• Trust

• Transfer of Assets Plan

It isn’t always just about money – it’s about developing a legacy plan for life that eases the burden on loved ones by clearly communicating your final wishes. Let us help you create a Legacy Plan now for the future.