IRA (Individual Retirement Account)
Traditional IRA contributions may be deductible depending on current tax rules and eligibility, while earnings generally grow tax-deferred until withdrawal.
GENERATIONAL WEALTH CONSULTANTS
Protecting What's Most Important
At Generational Wealth Consultants, we are dedicated partners in your financial journey. We help individuals, families and small businesses organize retirement, protection and legacy questions and coordinate with appropriately qualified professionals when needed.
Schedule A Call With A ConsultantRETIREMENT
Retirement
Whether you're an individual saving for retirement or a small business owner hoping to offer retirement benefits to your staff, we at Generational Wealth Consultants know how important it is to secure your financial future. With our extensive range of retirement planning services, we customize solutions to meet your specific needs and objectives.
We offer a range of retirement planning services, and we tailor solutions to suit your unique needs and goals.
Schedule A Call With A ConsultantFor Individuals
Finding your way through the complexities of retirement planning can be daunting. That is why we provide tailored advice and strategies to help you achieve your retirement goals. Whether you're just starting to save or looking to improve your current approach, we're here to help.
Roth IRA
Contributions are generally made with after-tax dollars, and qualified withdrawals may be tax-free when applicable requirements are met.
403(b)
A 403(b) plan, which is popular among non-profit and public-school employees, provides tax-deferred growth as well as optional employer contributions.
457(b)
A 457(b) plan is available to select government and non-government employees and provides tax-deferred growth with adjustable contribution limitations.
For Small Businesses
We recognize the questions small business owners face when considering retirement benefits. We provide educational information about plan types, costs and administrative considerations, and help organize questions for appropriately qualified professionals.
SIMPLE IRA (Savings Incentive Match Plan for Employees)
SIMPLE IRAs are tax-advantaged plans for organizations with fewer than 100 workers that allow for both employer and employee contributions while simplifying administration.
SEP IRA (Simplified Employee Pension IRA)
A SEP IRA may be appropriate for self-employed individuals and small companies because it can provide higher contribution limits than some alternatives while remaining relatively simple to administer, subject to current rules.
Payroll Deducted IRA
An straightforward and cost-effective retirement savings option that allows employees to make direct contributions to an IRA from their paychecks.
401(k)
A 401(k), one of the most common retirement plans for organizations of all kinds, allows for contributions from both employees and employers, with the possibility of matching contributions and tax benefits.
Why Choose Generational Wealth Consultants?
- Personalized Plans: Retirement goals are different. We tailor our services to meet your specific needs and goals.
- Goal-Based Approach: Our plans are designed to help you organize retirement priorities and evaluate available options.
- Planning Support: We help clients organize retirement questions and coordinate appropriate next steps.
- Planning Coordination: We help clients organize retirement-income questions and identify considerations to discuss with appropriately qualified professionals.