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Take Action for a Better Retirement

It’s always the right time to plan for retirement and it’s easier when you work with the right people.

A couple having fun riding a scooterOur Infinex Investments Team is focused on building strong relationships while creating a detailed roadmap to help each client achieve their personal financial goals. 

We will work with you to select a mix of investment vehicles that can maximize the benefits of your plan. As your life changes, your plan should too. So, we'll regularly review recent life events, new goals, and changes to your income stream to ensure the plan is still meeting your needs.

Have you recently changed jobs? Looking to roll over your IRA? If you had a 401(k), 403(b) or 457 Plan balance with your previous employer’s plan, it's a good idea to review those investments with our Infinex Investments Team. We can help you select the appropriate option and assist you with completing the paperwork.

Let's discuss:

 
Retirement Options for the Individual
  • 401(k) Rollover - For “abandoned” 401(k) accounts, meaning you had a 401(k) with a previous employer. The CGFS team will help you explore ways to take control of your retirement, including rolling your 401(k) to a new employer or into the right Individual Retirement Account.
  • Individual Retirement Arrangements (IRAs) - IRAs allow you to make tax-deferred investments to help provide financial security when you retire.
  • Traditional IRA - for individuals with taxable compensation. Annual maximum contributions are determined by your taxable compensation and may be tax deductible on your federal income tax return. 
  • Roth IRA - qualified contributions to a Roth IRA are dependent upon your taxable compensation and your income tax filing status. Contributions are not tax deductible; however, if you meet certain conditions, withdrawals may be free from federal income tax, including contributions and investment earnings. 
  • Tax Deferred Annuities - If you have taken full advantage of the tax benefits of a Traditional and/or ROTH IRA, tax-deferred annuities may be a good way for you to set aside additional savings to secure your financial future.
Retirement Considerations for a Small Business Owner
  • 401(k) Plans - whether starting or managing an existing plan from current or past employers (Moved from Individual). 
  • SIMPLE IRA Plans (Savings Incentive Match Plans for Employees) - for employers with 100 or fewer employees and no other business retirement plan.
  • SEP Plans (Simplified Employee Pension) - allows self-employed individuals and employers to make deductible contributions to traditional IRAs (SEP-IRAs) set up for employees. A business of any size can establish a SEP. 
  • SARSEP Plans (Salary Reduction Simplified Employee Pension) - permits employee salary reduction contributions if at least 50% of eligible employees choose to make employee salary reduction contributions for the year and had no more than 25 employees who were eligible to participate at any time during the preceding year. (A SARSEP may not be established after 1996. However, for SARSEPs set up before 1997, eligible employees hired after 1996 must be allowed to participate.) 
  • Payroll Deduction IRAs - for businesses of any size, including self-employed, to offer employees the ability to establish an IRA (either a Traditional or Roth IRA) with a financial institution and authorize a payroll deduction amount for it. 
  • Profit-Sharing Plans - accepts discretionary employer contributions. Businesses offering these plans do not need profits to contribute and are not required to contribute a consistent amount year to year or any amount at all. 
  • Defined Benefit Plans - provide a fixed, pre-established benefit for employees at retirement. 
  • Money Purchase Plans - require an employer to make a set percentage contribution to plan participant’s account each year. 
  • Executive Non-Qualified Plans - designed to meet specialized retirement needs for key executives and other select employees.
501(c)(3) Tax-Exempt Organizations
  • SIMPLE IRA Plans (Savings Incentive Match Plans for Employees) - for employers with 100 or fewer employees and no other business retirement plan. 
  • 403(b) Plans - whether starting or managing an existing plan from employment at a public school or certain 501(c)(3) tax-exempt organizations.
Retirement Considerations for Small to Medium Size Corporations
  • 401(k) Plans - whether starting or managing an existing plan from current or past employers
  • Payroll Deduction IRAs - for businesses of any size, including self-employed, to offer employees the ability to establish an IRA (either a Traditional or Roth IRA) with a financial institution and authorize a payroll deduction amount for it. 
  • Profit-Sharing Plans - accepts discretionary employer contributions. Businesses offering these plans do not need profits to contribute and are not required to contribute a consistent amount year to year or any amount at all.  
  • Defined Benefit Plans - provide a fixed, pre-established benefit for employees at retirement. 
  • Money Purchase Plans - require an employer to make a set percentage contribution to plan participant’s account each year. 
  • Executive Non-Qualified Plans - designed to meet specialized retirement needs for key executives and other select employees.

Have Questions? Call us at 860-572-4040.

We do not provide tax advice. Consult your tax advisor.

Financial Services Team

John Uyeki
Financial Advisor, Infinex Investments, Inc.; SVP, Director of Chelsea Groton Financial Services
(860) 572-4041
Jennifer Eastbourne
Program Coordinator, Infinex Investments, Inc.; AVP, Chelsea Groton Financial Services
(860) 572-4040
Jim Elliott
Financial Advisor, Infinex Investments, Inc.; VP, Chelsea Groton Financial Services
(860) 572-4039
Bob Fradette
Financial Advisor, Infinex Investments, Inc.; VP, Chelsea Groton Financial Services
(860) 572-4045
Paulette Retsinas
Financial Advisor, Infinex Investments, Inc.; VP, Chelsea Groton Financial Services
(860) 572-4046
Kathleen Ringler
Financial Advisor, Infinex Investments, Inc.; VP, Chelsea Groton Financial Services
(860) 572-4047
Alee Rogan
Financial Services Sales Associate, Infinex Investments, Inc.
(860) 572-4042

Investment and insurance products and services are offered through INFINEX INVESTMENTS, INC. Member FINRA / SIPC. Chelsea Groton Financial Services is a trade name of the bank. Infinex and the bank are not affiliated. Products and services made available through Infinex are not insured by the FDIC or any other agency of the United States and are not deposits or obligations of nor guaranteed or insured by any bank or bank affiliate. These products are subject to investment risk, including the possible loss of value.

https://brokercheck.finra.org/


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