- Mutual funds
- Annuities and other Tax-Efficient Investments
- Domestic and international securities
- Fee-based Asset Management Programs
- Estate and financial planning
- IRAs (Traditional, SEP, SIMPLE, ROTH)
- Trust services
- Exchange Traded Funds (ETFs) and Exchange Traded Notes (ETNs)
- Retirement Plans (401k, 403b)
- Custom Clearing Mergers & Acquisition
- Due Diligence
IRAs (Traditional, SEP, SIMPLE, ROTH)
An investing tool used by individuals to earn and earmark funds for retirement savings. There are several types of IRAs: Traditional IRAs, Roth IRAs, SIMPLE IRAs and SEP IRAs.
Traditional and Roth IRAs are established by individual taxpayers, who are allowed to contribute 100% of compensation (self-employment income for sole proprietors and partners) up to a set maximum dollar amount. Contributions to the Traditional IRA may be tax deductible depending on the taxpayer's income, tax filing status and coverage by an employer-sponsored retirement plan. Roth IRA contributions are not tax-deductible.
SEPs and SIMPLEs are retirement plans established by employers. Individual participant contributions are made to SEP IRAs and SIMPLE IRAs.
Also referred to as "individual retirement arrangements."
With the exception of Roth IRAs, where eligible distributions are tax-free, eventual withdrawal from an IRA is taxed as income; including the capital gains. Because income is likely to be lower after retirement, the tax rate may be lower. Combined with potential tax savings at the time of contribution, IRAs can prove to be very valuable tax management tools for individuals.. Also, depending on income, an individual may be able to fit into a lower tax bracket with tax-deductible contributions during his or her working years while still enjoying a low tax bracket during retirement.
Why Trinity Brokerage?
At Trinity Brokerage, we provide you unbiased advice, including exceptional research and superior administrative support for tracking and monitoring account performance. We believe we have a greater understanding of the economy and markets, more time to evaluate financial strategies, and greater access to comprehensive information. As a result, you can depend on your Trinity Brokerage Financial advisor for solid, unbiased financial advice. For more information please contact us.