While employer-sponsored retirement accounts, such as 401(k)s and 403(b)s, can be a great first step in saving for retirement, you may face challenges if these accounts hold your only source of retirement income. At Ignis Capital Advisors, we help you develop retirement savings strategies that provide flexibility and tax efficiencies in retirement.
By saving in a variety of accounts with different tax treatments, you have the potential to lower your taxable income throughout your working years, while also reducing your tax exposure in retirement. We can help you establish a savings strategy that supports your retirement goals. This may mean seeking tax diversification across tax-deferred, tax-exempt and taxable accounts.
When making recommendations, we also factor in other potential sources of retirement income, such as Social Security, pensions, rental income, investment income, etc. This helps ensure your savings strategies remain in line with both your current and future financial needs.