RETIREMENT PLANS



Regardless of your age, retirement planning is essential in order to be prepared and comfortable in the golden years of life. There are many factors to consider when looking at which retirement plan will be most suitable for an individual, what they will actually need in retirement and the impact of taxes and inflation on their portfolios.

Meckenstock Group Professionals can help you prepare for retirement by establishing goals and helping you learn about the proper ways to save and invest money. There are multiple retirement vehicles available that offer investors both immediate and future tax savings. Some of these vehicles are IRAs, Roth IRAs, 401(k)s and 403(b)s. To learn more about each type of account, please visit the links below.


Available Retirement Plans

IRA

An investment account in which a person can set aside income up to a specified amount each year and usually deduct the contributions from taxable income, with the contributions and interest being tax-deferred until retirement.

Roth IRA

An individual retirement account allowing a person to set aside after-tax income up to a specified amount each year. The account grows tax-free.

401(k)

A retirement investment plan that allows an employee to put a percentage of earned wages into a tax-deferred investment account selected by the employer. Any withdrawal is subject to income tax.

403(b)

A tax-advantaged retirement savings plan available for public education organizations, some non-profit employers, cooperative hospital service organizations, and self employed ministers in the United States.

Pensions

Employer contributes an actuarially determined amount sufficient to pay each participant a fixed or defined benefit at his or her retirement..


Information an/or opinions on any website other than that of www.themeckgroup.com do not necessarily represent the views or opinions of The Meckenstock Group, IFG or its staff and advisors. An individual should contact a financial professional or other trusted advisors before making any investment decisions.

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Investment Advisory Representatives offering advisory services through Main Street Advisors, LLC, a registered investment adviser. Securities and additional advisory services offered through Independent Financial Group, LLC (IFG), a registered broker dealer and a registered investment adviser. Member FINRA/SIPC. All of the entities mentioned above are unaffiliated. Licensed to sell securities in the following states: AR, AZ, CA, CO, CT, FL, GA, IA, ID, IL, IN, KS, MA, MD, MI, MN, MO, NC, NE, NV, NY, OH, OK, OR, PA, SD, TN, TX, UT, VA, WA, WI, & WY. The information provided herein has been obtained from sources believed to be reliable however we cannot guarantee or represent that it is accurate, complete or current. Because situations vary, any information provided on this site is not intended to indicate suitability for any particular investor. Hyperlinks are provided as a courtesy and should not be deemed an endorsement. When you link to a third party website you are leaving our site and assume total responsibility for your use or activity on the third party sites.

The Meckenstock Group is licensed for insurance in: Kansas, Colorado, Nebraska, Oklahoma, Flordia, Ohio, Missouri, Arkansas, Iowa, Oregon, Pennsylvania, South Carolina.