Ohio IRA's

Will you be secure in your retirement years? Ohio is a magnificent state for the retired because of the relaxed culture and scenic environments. Some retirees prepared for this retirement by creating SEP IRA's. This type of Individual Retirement Account allows an employer to make contributions into a Traditional IRA that has been set up in the employee's name.

Contact our IRA Professionals at Cranberry Lake Financial to assist you with all your IRA Retirement Planning needs!

Compensation NOT Accepted in Ohio Include:

• Annuity/Pension income
• Any amounts excluded from income
• Deferred compensation
• Dividend/Interest income
• Earnings/Profits from property

Another type of IRA available in Ohio is the SIMPLE (Savings Incentive Match Plan for Employees) IRA. This retirement account is a pension plan in which both the employee and employer can make contributions. The maximum contribution limits for a SIMPLE IRA are the same as the Traditional IRA.

Planning for retirement is an essential move for all workers. A good retirement plan will give you the freedom to enjoy life without the worry about future income. IRA Professionals are a great source for retirement planning advice and insight.