IRA’s & Retirement Plans - Individual Plans

Now that you have decided to start setting aside savings for retirement, which plan is best for you? Should you use a Traditional IRA or a Roth IRA and what is the difference between the two? If you are currently investing in a 401K through your employer, should you also have an IRA? We know that you have questions. Our goal is to teach you not only what you should do, but why you should do it, as well.

Careful planning of your dollars earmarked for retirement will contribute to your long term savings success. But, contributing to these plans can also provide some benefits for you today. Depending upon which plan you choose, you can watch your savings grow tax deferred, and you may be able to lower your current tax bill.

The decisions you make now can have a large impact on your future financial position. It is our belief that, the better educated you are about your investments, the better investor you will be.

Please feel free to contact Prosperity Financial and let us help you determine which plan is best for you.

Which IRA is best for you?

  • Traditional IRA

  • Roth IRA

Employer Sponsored Plans

  • 401k

  • 403b

  • 457b