IRA with GWP
April 15, 2019 is your IRA deadline.
Once Tax Day has come and gone, so has your opportunity to make your 2018 Individual Retirement Account (IRA) contribution.
Every year you have the opportunity to invest in your IRA. Don’t miss out this year.
Invest for your future:
An IRA remains an effective way to save for retirement. Every year counts, as the earlier you start making your contributions, the more opportunity you have for your earnings to compound.
Enjoy potential tax benefits:
In both traditional and Roth IRAs, the growth of the investments is tax-deferred, meaning you owe nothing on the gains, while the money remains in the IRA.
Build beyond your 401(k):
IRAs allow individuals to contribute up to $5,500 per year; that’s on top of what you can invest annually in your 401(k) or other employer-sponsored retirement plans. Note that tax contributions are only tax deductible within certain income limits.
What is an IRA?
An IRA, or individual retirement account, is a tax-advantaged investment vehicle designed to help you save for retirement. There are two main types of IRAs: The traditional IRA and the Roth IRA. The primary difference between the two relates to the tax breaks these accounts offer—and when you pay taxes on the money in the account.
A traditional IRA is a tax-deferred retirement investment account. You pay taxes on your money only when you make withdrawals in retirement. Deferring taxes means any of your dividends, interest payments, and capital gains can compound each year without being hindered by taxes.
A Roth IRA is a retirement investment account that allows your money to grow tax-deferred. You fund a Roth with after-tax dollars, meaning you've already paid taxes on the money you put into it.
In return for no up-front taxes, any growth is tax-deferred, and when you make qualified withdrawals at or near retirement, you pay no taxes.
Open your IRA with Guided Wealth Portfolios
Guided Wealth Portfolios is our digital investment platform that combines access to an advisor with an advanced digital portfolio.
Personalized investment advice from your dedicated advisor.
With GWP, you have a licensed advisor who understands your financial situation and goals and is there when you have questions or need guidance.
A customized digital portfolio
You’ll enjoy a sophisticated investment approach that ensures your portfolio is monitored regularly, automatically adjusted and optimized for tax savings to help keep you on track toward your goals.
Confident, connected investing
Benefit from your financial advisor’s guidance while enjoying the convenience of anytime account access and proactive communications that keep you up to date.
Schedule a call at (952) 236-1755 for personalized IRA advice and step-by-step guidance on opening your IRA today.