Are IRA and 401(k) the best retirement savings vehicles in 2023? The team of senior advisors at Oakbrook Terrace-based Goldstone Financial Group (630-620-9300) can help you understand your options.
The last year was bumpy for IRA and 401(k) savings, but you shouldn’t rush to throw the baby out with the bathwater—especially not with the team at Goldstone Financial Group ready to give you up-to-date advice.
With some major tax revisions, IRA and 401(k) contributions still have a valuable roll to in your retirement savings plan. However, you’re also wise to think about a more diverse portfolio, and this team of local specialists can help you develop a more robust and resilient retirement strategy.
Go to https://goldstonefinancialgroup.com/ for more information.
None of us wants to run out of money in our golden years, and Goldstone’s aim is to ensure you have stable and secure sources of income at every stage of your retirement. The firm’s services are designed to help you understand your options and make more informed decisions about your financial future.
Changes to taxation laws increased IRA contributions to $6,500 as of 2023, rising to $7,500 if you’re over the age of 50. For 401(k), 457, and 403(b) plans, your employee contribution limits rose from $20,500 to $22,500, with similar catch-up provisions for the over-50 age bracket.
As Goldstone points out, however, many of those plans lost value in 2022, with one report from Fidelity Investments showing average IRA falls of 20%. Understandably, this might have caused you concern, but Goldstone’s advisors can help you understand the continued benefits, while also explaining several other investment options.
“Our services consider various sources of income, such as social security benefits, registered investment risk, and growth potential, to create a plan that meets each individual’s unique needs and goals,” a company representative explained. “Goldstone Financial Group specializes in developing these types of plans, so clients can enjoy their retirement free of financial concerns.”
Headquartered in Oakbrook Terrace, Goldstone offers services across a network of seven other offices in the greater Chicagoland region, along with three recently opened locations in Nashville, Brentwood, and Franklin, Tennessee. The firm’s senior advisors can help you with retirement planning, asset protection, wealth management, and investment planning.
“Goldstone, as an organization, has strengthened my financial position in retirement to a level that exceeded my expectations,” one client recently stated. “I want to thank the team for their expert advice and their willingness to keep me well informed of the newest and best investment instruments.”
Create a stable and secure retirement savings plan with expert assistance from the team at Goldstone Financial Group.
Check out https://goldstonefinancialgroup.com/contact-us/ so you can learn more.
