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Retirement Planning

Products & Account Types

Learn more about the retirement products available. Not all products are suitable for everyone; please consult your advisor.

Annuities

To learn more about annuities, please visit the Annuities section and speak to your Financial Advisor advisor.

Fixed Annuity
A fixed annuity allows you to lock in a guaranteed rate of return for a predetermined period of time. The issuing company guarantees the return of principal and rate paid into the contract, providing a steady income during the payout phase.

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Variable Annuity
A variable annuity allows you to direct funds into diverse portfolios appropriate for your risk tolerance and retirement expectations. Variable annuities are subject to investment risks, including the possible loss of principal.

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Individual Retirement Accounts (IRA)

Your Financial Advisor advisor can provide additional information about IRAs, and can help you figure out which IRA is right for you, based on your eligibility, tax status, financial goals and retirement dreams.

Traditional IRA
The Traditional IRA provides tax-deferred growth coupled with the potential for tax-deductible contributions. Contributions are limited annually and early withdrawals may be subject to federal and state income tax penalties. For more information, please read the brochure, IRAs: Powering Your Retirement (pdf).

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Roth IRA
The Roth IRA provides the potential for tax-free withdrawals. Contributions are limited annually and early withdrawals may be subject to federal and state income tax penalties. For more information, please read the brochure, IRAs: Powering Your Retirement (pdf).

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Rollover IRA
The Rollover IRA allows lump-sum distributions from 401(k), pension or other retirement plans to be transferred into an IRA without tax penalties if made within 60 days of distribution. For more information, please read the brochure, IRA Rollover Guide to Lump Sum Distributions (pdf).

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Business Retirement Plans

We offer business retirement solutions for companies of all sizes. Please visit the Business Retirement Planning section to view a selection of the products we offer. Your Financial Advisor advisor can provide additional information about the full range of products, plans and services available.

Simplified Employee Pension Plan (SEP IRA)
The SEP IRA is a retirement plan available for all business types, where the employer is fully responsible for making contributions to its employees' IRAs.

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Savings Incentive Match Plan for Employees Plan (SIMPLE IRA)
The SIMPLE IRA is a low-cost plan for businesses of up to 100 employees. This plan allows eligible employees to make contributions to employee accounts coupled with employer matching. For more information on SIMPLE IRA services available through your Financial Advisor advisor, please read our brochure, SIMPLE IRA (pdf).

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401(k)
The 401(k) Plan is an employer-sponsored plan that allows employees to make contributions with pre-tax dollars. Typically for larger businesses with complex needs, the 401(k) plan is subject to IRS regulation and annual testing requirements, which determine maximum contributions levels for highly compensated employees. For more information on 401(k) services available through your Financial Advisor advisor, please read our brochure, The Services Available to Your 401(k) Plan (pdf).

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Profit Sharing
The Profit Sharing Plan is the most flexible qualified plan available, providing flexibility in structure and contributions. Contributions to employee accounts are fully funded by the employer. For more information on Profit Sharing Plan serivces, please speak to your Financial Advisor advisor.

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