Individual Retirement Planning

taylor-momdaughterWhat if my company doesn’t offer a retirement plan?

I’m self-employed with no employees; do I have retirement plan options?

Can I contribute to my IRA while participating in my company’s 401(k)?

Ultimately, we believe that individual retirement planning is a key component of the wealth planning process. For years, we’ve been helping our clients with their retirement plans as part of their overall wealth management plan. Our comprehensive approach to long-term wealth planning is our specialty.

However, we understand that clients have unique situations and specific questions related to retirement planning.

There are often blurred lines between company-sponsored plans and individual plans such as IRAs (Individual Retirement Accounts).  Understanding the advantages and disadvantages of both options may mean the difference between enjoying a real tax shelter and creating a potential tax burden.

Taylor Wealth Solutions is highly experienced in advising clients in the area of individual retirement planning. We bring together our corporate retirement planning experience with our individual wealth management focus for a thorough, comprehensive approach to individual retirement advising.

We can help you take advantage of the right retirement solutions based upon employment and income circumstances.  Regulation in this arena changes rapidly which is why our compliance and administration division is such a valuable resource.

Areas of expertise in individual retirement planning include:

  • Traditional IRAs
  • Roth IRAs
  • SEP IRAs
  • Solo 401(k) Plans
  • Insurance and annuity options

Perhaps you need to rollover your retirement funds from your previous employer.  Maybe you’re curious whether converting your Traditional IRA balance to a Roth IRA makes sense from a tax standpoint.  Or you’re simply ready to begin your savings plan but have no access to a company sponsored retirement benefit.

In any case, Taylor Wealth Solutions can help you understand your options. That’s what we’re here for. Click here to meet our retirement services team.