IRA Planning

Retirement Confidence Starts Here: Smart IRA Planning With LaTour Asset Management

What if your retirement savings could work harder for you? What if the choices you make today meant more freedom and more financial peace of mind down the road? An IRA can be a very helpful financial tool, but the key is knowing how to use it the right wayā€”for you.

LaTour Asset Management creates winning long-term IRA strategiesā€”one that maximizes growth and minimizes taxes. With our help, your money is always working smarter for you. Rolling over an old 401(k)? Considering a Roth conversion? Or are you just getting started? No matter the situationā€”weā€™ll guide you at every step.

Which IRA is Right for You? Weā€™re Here to Help

Thereā€™s no single best choice when it comes to IRAsā€”only the best choice for you. Weā€™re here to provide unmatched guidance and insight that gets you over the finish line to retirementā€”comfortably and with total peace of mind.

Traditional IRA

This option is best for those who want tax-deferred growth and expect to be in a lower tax bracket in retirement. Keep in mind you must start taking withdrawals in the form of Required Minimum Distributions (RMDs) at 73.

  • Tax-Deferred Growth: Pay taxes later, not now. Your money grows untaxed until withdrawal. (Tax free withdrawals are subject to post age 59 1/2 and the Roth 5 year rule.)
  • Lower Taxable Income Now: Contributions may reduce your taxable income today.

Roth IRA

Looking for a strong option if you want tax-free withdrawals in retirement and expect tax rates to rise? A Roth IRAā€”managed by LaTour Asset Managementā€”is a smart move.

  • Tax-Free Growth: Pay taxes upfront. Then, enjoy completely tax-free retirement withdrawals. (Tax free withdrawals are subject to post age 59 1/2 and the Roth 5 year rule.)
  • No RMDs: Unlike a Traditional IRA, youā€™re free to leave your money growing for as long as you want.

IRA Rollovers

Who can say no to more investment choices? If you have an old 401(k) from a previous job, rolling it into an IRA gives you more control. Weā€™ve seen it firsthandā€”this kind of flexibility can truly transform your financial future.

  • No Penalties: We help ensure a smooth transfer to avoid unnecessary taxes. With us, you donā€™t have to worry about potential penalties.
  • Easier to Manage: Consolidating multiple accounts means fewer headaches and better oversight.

Roth Conversions

Thinking about converting a Traditional IRA into a Roth? It can be a smart moveā€”but itā€™s not for everyone. Weā€™ll work with you to determine if this option is best for your situation.

  • Immediate Tax Impact: Ā Youā€™ll owe taxes on the conversion, but your withdrawals could be tax-free.
  • Potential for Higher Growth: If your investments grow significantly, with proper planning, you could avoid future taxation. Thatā€™s a big deal!
  • Strategic Timing: Timing truly is everything with Roth conversions. We help you determine the best time to convert, so you donā€™t pay more in taxes than you should.

LaTour Asset Management Is the Trusted Team for IRA Planning

IRA planning is so importantā€”itā€™s the foundation of a solid financial future. Thereā€™s so much more to it than simply picking an account. You need a winning strategy, and thatā€™s exactly what LaTour Asset Management provides.

  • Fiduciary Commitment: We act in your best interest, always. No throwaway adviceā€”just the best strategies for your goals.
  • Tax-Savvy Planning: Taxes can make or break your retirement. We make sure youā€™re making the most of all applicable tax advantages.
  • Long-Term Support: A solid retirement strategy looks beyond short-term savingsā€”you deserve lasting financial security. We help you plan for the future.
  • Personalized Guidance: We offer smart, customized IRA strategies crafted for your life and financial goals. We truly care about your financial securityā€”and your financial peace of mind.

Take Control of Your Retirementā€”It Starts With IRA Planning at LaTour Asset Management

With the best IRA strategy, saving is greatā€”but what if you could win in retirement? No matter your situationā€”whether youā€™re starting fresh or optimizing your tax strategyā€”we want to help. LaTour Asset Management in Springfield is ready to craft an IRA strategy that gives you absolute confidence in your financial future. Schedule your no obligation consultation today.