401k & Individual Retirement Accounts (IRAs)
"Speak with an advisor and determine which 401k and IRA strategies offer the best fit for you"
Enhancing Your 401k
Your 401(k) plan is a vital component of the employee benefits your company provides. At BNB Wealth Management, we can provide an objective assessment of your 401(k) and strengthen its overall effectiveness. While conducting a comprehensive analysis of your current retirement plan, we will aim to also increase the flexibility and efficiency of your 401(k) so you can fulfill your long-term goals with confidence.
We strive to deliver the retirement plan best suited to your needs. Our approach to enhancing your 401(k) starts with simplifying the process:
- We’ll deliver cutting-edge investment opportunities specific to your objectives
- We’ll customize and monitor your 401(k) to save you time and money
- We’ll provide diversified asset allocation models tailored to your unique situation
In concert with our approach to IRA accounts, our 401k strategies are designed to best position you and your employees for retirement.
IRA Accounts Tailored To Your Retirement Saving Needs
In planning for retirement, the IRA offers one of the few ways to invest – often with pre-tax dollars – so that any growth in the account is tax free until withdrawn. At BNB Wealth Management, our clients enjoy the convenience of investing in stocks, bonds, mutual funds, certificates of deposit (CDs) and other alternatives.
Selecting The Right Type of IRA
How do you decide which type of IRA is right for you? As a general rule, there is no advantage to making nondeductible contributions to a traditional IRA if you qualify to make either deductible contributions to a traditional IRA or after-tax contributions to a Roth IRA. The question is: Assuming that you qualify for both, do you contribute to a traditional IRA with deductible contributions, or to a Roth IRA? There is no easy answer. You have to analyze your situation and determine which type of IRA offers the best fit for you.
