IRAs
An individual retirement account, or IRA, is an excellent investing tool for individuals that want to secure the necessary funds needed to achieve their retirement goals. With the variety of IRAs available, it can hard to determine which plan is the best fit for your unique circumstances. Unlike a traditional 401k, an IRA can be established without the sponsorship of an employer, making them very beneficial to individuals who are self-employed or working for an employer that doesn't offer a 401k plan.
There are two main IRA plans that you will likely be interested in; traditional IRAs or Roth IRAs. While both have their own benefits, there are common triggers that can help determine the plan you should use. At Anchor Financial Group, we can help get your retirement planning on track and help you establish the right IRA for your unique goals.

Which IRA Plan Is Right For You?
There are many tax advantages that come with establishing a traditional IRA that can aid you in planning for your retirement. Most importantly, contributions that are made to a traditional IRA are not taxed until the funds are distributed. Furthermore, any contributions that are made to a traditional IRA could potentially be fully or partially deductible depending on your individual circumstances.
A Roth IRA allows you to grow your retirement savings tax-free; however, contributions are made with money that you have already paid taxes on. Because these contributions have already been taxed, you are able to grow your money tax-free and withdraw with no out of pocket taxes. One other added benefit is the ability to withdraw funds from your Roth IRA at any time with no penalty in most cases.
IRA Rescue Plans
Anchor Financial Group has the experience and knowledge necessary to successfully set up your IRA Rescue Plan. Securing a future that includes your retirement goals and the financial security you want for your loved ones doesn't have to be challenging. We can help get your financial planning on track with our IRA Rescue Plans.
Roth IRAs
Anchor Financial Group has the experience and knowledge necessary to successfully set up your IRA Rescue Plan. Securing a future that includes your retirement goals and the financial security you want for your loved ones doesn't have to be challenging. We can help get your financial planning on track with our IRA Rescue Plans.
IRA Rollovers
Whether you are looking to shift career paths or just want to make your IRA more effective, there are many reasons why you may be interested in an IRA rollover. Anchor Financial Group is here to lend our experience and financial expertise that will help you navigate the unique circumstances surrounding your IRA rollover.
Ready to Get Started?
If you are ready to focus on your financial planning, the Tulsa financial planning experts at Anchor Financial Group are ready to assist you. As a Veteran-owned brokerage firm, we always look out for the best interest of our clients. Please call us at (918) 591-2880 to get started or Contact Us and a friendly member of our staff will reach out to you promptly. We look forward to assisting you in achieving your financial goals in Tulsa.
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