Individual Retirement Accounts (IRA's)
Are you prepared for retirement? An Individual Retirement Account (IRA) can help you secure the funds necessary for a financially stable retirement. An IRA is an interest-earning account in which individuals can make contributions of earnings annually.
Retirement planning can be stressful!
Contact our Retirement Planning Professionals at Cranberry Lake Financial to help you manage your IRA!
There are various types of Individual Retirement Accounts including:
Although a maximum of contributions per year exists, an IRA allows assets to grow tax-deferred and is a great choice of retirement plan. An Individual Retirement Account can only be funded, however, with cash or a cash equivalent. Art, baseball cards, life insurance, and rare coins are not accepted as contributions.
The money in your IRA can be used to purchase and invest in securities. Caution should be used when making such decisions, however. A Retirement Planning Professional should be contacted for guidance on the many components of retirement planning.
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E-mail: susan.stepanski@CJTrainor.com
Phone: 1-866-497-8989
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