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If you are a client of Hennion & Walsh, please note our Florida office has recently moved. Please note our new location in Boca Raton and make sure to send any correspondence or payment to the new address: Hennion & Walsh, Inc. 777 Yamato Road, Boca Colonnade I, Suite 500, Boca Raton, FL 33431.
 

Retirement Planning

Traditional IRA

This is a tax-deferred account designed for retirement savings

Who should consider a Traditional IRA account?

Investors who are under the age of 70 ½ who show earned income and are able to save money for retirement.

Traditional IRA Features

  • Tax Advantages – because contributions grow tax deferred.
  • Flexibility – Your contributions can be strategically invested in a variety of instruments (stocks, bonds, CDs, mutual funds, ETFs) to meet your individual needs.

Roth IRA

A Roth IRA allows the investor after-tax contributions with the possibility for tax-free income upon retirement.

Who should consider a Roth IRA account?

Investors, including individuals under the age of 18 as well as those over the age of 70 ½ with earned income and modified gross income under the proper terms.

Roth IRA Features

  • Tax Advantages – While contributions are not tax-deductible, your earnings grow tax deferred and if held for more than five years, tax-free. If certain guidelines are followed, individuals may remove distributions penalty and tax-free.
  • Flexibility – Your Roth IRA contributions can be strategically invested in a variety of instruments (stocks, bonds, CDs, mutual funds, ETFs) to meet your individual needs.

Rollover IRA

By directly moving assets from your employer-sponsored retirements plan into an IRA Rollover, you have the opportunity to defer any associated tax liabilities and avoid penalties while staying fully invested. You can use your Rollover IRA when you change jobs to keep your investments working hard while deferring taxes.

How do I roll over my retirement plan to Hennion & Walsh?

  1. Open a Rollover IRA at Hennion & Walsh
  2. Transfer your IRA

Learn more about how transferring your employer-sponsored retirements plan to Hennion & Walsh will give you the advantage you need. Get started today.


Simplified Employee Pension Individual Retirement Account – SEP IRA

A SEP IRA is a type of Individual Retirement Account designed for self-employed. Since SEP accounts are treated as IRAs, funds can be invested the same way as any other IRA.

Who Should Consider a SEP IRA?

Self-employed individuals and spouses, able to contribute up to 25% of their earnings, and seeking tax benefits.

SEP IRAs Features

  • Tax Advantages – Tax-deductible contributions up to 25% of compensation, and may be as much as $44,000 for the 2007 plan year, $45,000 in 2008, and subject to annual cost-of-living adjustments for later years.
  • Flexibility – You may invest your SEP IRA in a variety of investment vehicles.
  • Simplicity – With a SEP IRA there is no requirement to file an annual report with the IRS.

Coverdell Educational Savings Account

A Coverdell Education Savings Account (ESA) is a tax-sheltered account, opened on behalf of a child that is under age 18. You may contribute up to $2,000 each year to your account, with a contribution deadline of April 15 of the following calendar year.

Who should consider a Coverdell Educational Savings Account?

Investors, including individuals under the age of 18 as well as those over the age of 70 ½ with compensation and modified gross income under the proper terms.

Coverdell Educational Savings Account Features

  • Tax Advantages – Your contributions are not tax deductible, but the withdrawals are tax-free if used for qualified expenses.
  • Flexibility – Your Coverdell Educational Savings Account contributions can be strategically invested in a variety of instruments (stocks, bonds, CDs, mutual funds, ETFs) to meet your individual needs.

Start your IRA Account with Hennion & Walsh today. Get started today.