Investments To Protect You Financially

At Gulf Coast Educators Wealth Management, our financial professionals can help you decide which investments may work for you. There are several options including annuities, traditional IRA, Roth IRA, 403(B), 457 Plan, Simple, and SEP plans , which are offered through Lincoln Investment.

With so many options it can be challenging to figure out what is the best investment of your time and money.

Learn more about the various investment options:

Taxes, annual contribution limits, and distribution restrictions may apply

Annuities:

Primarily used as a steady cash flow for an individual during retirement years. This form of investment provides a guaranteed income for the rest of your life.

In reference to general account obligations and guarantees, such as is present with fixed annuities, the ability for the insurance company to meet these obligations to policyholders are subject to sufficient capital, liquidity, cash flow and other resources of the insurance company.

IRA’s:

There are different kinds of IRAs available depending on your financial goals. Some IRA’s cap the amount you can put in each year. There is the traditional IRA and the Roth IRA that are the most popular. These investments have different benefits. It will depend on your financial goals whether you opt for one over the other.

403(b):

This investment has tax treatment similar to a traditional 401K. A 403(b) retirement savings plan is available for public education organizations and some non-profit employers. This can also be called a tax-sheltered annuity.

457(b):

This form of investment, allows you to set money aside for retirement on a pre-tax basis through a salary reduction. Your contributions and your earnings grow tax-deferred until you make a withdrawal.

Simple:

This is an employer-sponsored retirement plan. Smaller employers may offer this type of savings plan if they currently do not participate in any other plan.

SEP:

Also known as a Simplified Employee Pension Plan. This is an employer-funded plan and the employer makes contributions to the employee’s individual retirement account.

Becoming financially secure can be a daunting task for many. Investments are complex and it can be challenging to know which are the best investments based on your financial goals. Our financial professionals can help guide you to making the best possible decisions for your financial future. Call us today and let us help you explore the options!