Retirement & Investing

What You Need to Know About Retirement and Investment Plans

I have shared some basic but important information about various retirement and investment plans. If you are interested in learning more, get in touch with me today, and we’ll discuss these in detail.



A 401(k) is a retirement savings plan provided by an employer. There are two basic types of accounts you can choose from: a traditional 401(k) and a Roth 401k. The ideal choice for an individual depends on their tax bracket with consideration of future tax brackets. Talk to me today, and we’ll find the best option for your business.


A Simplified Employee Pension (SEP) IRA is an employer-sponsored retirement plan that is mainly used by small businesses. While SEP IRA accounts are treated like traditional IRAs, employers have more control over the frequency and amount of contributions.


SIMPLE stands for Savings Incentive Match Plan for Employees. This retirement savings plan involves fewer paperwork requirements, so it is best for businesses with 100 or fewer employees.


Like a 401(k), a 403(b) is a retirement savings plan. However, this is more suitable for people working under nonprofits, public education organizations, and most other tax-exempt groups.


IRA Comparisons

Individual retirement accounts (IRAs) can come in various forms. Knowing which is best for your income bracket can make a huge difference in the long run.

Traditional IRAs

With these, individuals will be able to direct pre-tax income toward investments that can be tax-deferred. To be eligible, you must receive earnings from work during the year.

Roth IRAs

These are tax-advantaged retirement savings accounts. You can withdraw money anytime without paying federal taxes, as long as you have owned your account for five years.

Rollovers From Retirement Accounts

You can maintain the tax-deferred status of your retirement assets without paying current taxes or early withdrawal penalties during the transfer. This is possible with the Rollover IRA, an account that lets you transfer funds from your old employer-sponsored retirement plan to an IRA.

Basic Risk Analysis

Investment risk analysis is the study and evaluation of various factors that can result in losses. I can assess these so that we can formulate the right plans of action and reduce their effects.


Basic Investment Tools

Because of my extensive experience, I am well versed in most types of investments. Let me help you understand the advantages and disadvantages of each so that you can choose what best suits your needs.

Mutual Funds

A mutual fund is money that is pooled together and professionally managed. The capital is then used to invest in stocks/securities. This is a very good way for smaller investors to help diversify their portfolio.