Tax-Efficient Investment Strategies

When it comes time for you to decide whether to keep your savings in a company retirement plan, move it into an Individual Retirement Account (IRA) or cash out, it may make sense to roll the funds into an IRA.

Holding an IRA can provide you with a wider variety of choices, moreover, if you bequeath an IRA your beneficiaries can take out the required minimum distributions and allow the rest to grow tax-deferred. It is also possible to establish separate IRAs with different investment strategies for each heir.

On the other hand, most 401k's and other company plans require heirs to take the assets soon after the account holder dies, likely leading to undesirable tax consequences. If nearing retirement, you will need to make decisions on where to place your money and this process can affect your lifestyle for years to come.

Strategic Investment Advisors can help you evaluate your financial goals and obligations. We strive to create and preserve your wealth using tax-efficient investment strategies.