Retirement Planning (IRA)

We provice service for retirement planning (IRA) account

Individual Retirement Account (IRA)

US Citizens or resident aliens can contribute up to $6,000 (or 7,000 for aged 50 or above) per year in traditional individual retirement account (IRA) and deduct this amount from annual ordinary income. If you have earned income in a year, you can contribute into your IRA Account. The IRA accounts grow tax deferred. You can also contribute after tax income in Roth IRA account up to same amount as for traditional IRA, and earnings could be tax free. You can invest your IRA savings in stocks, bonds, mutual funds and exchange-traded funds (ETF), let them grow tax free so that you can withdraw them after your retitement.

How can we help?

We advise our clients about traditional and Roth IRA accounts, its benefits, early withdrawal policies, and required distribution after retirements. We prepare a retirement plan for clients based on their annual income, wealth, retirement needs, time-horizon, and choice of investment portfolios. We help clients to establish IRA account with a broker-dealer or a financial institution, invest their savings in various investment portfolio based on suitability of each client needs, manage their portfolio in the long-run and help them for distribution after retirement. We provide counselling time to time about ongoing income status and help them to make decision of how much they can or should contribute for IRA accounts.