Our Services

401(k) Rollover

If you are leaving a job, you may consider rolling over your 401(k) to an Individual Retirement account. This option may be more desirable than rolling it over to another 401(k) at your next job if your investment options are limited. By rolling it into a 401(k) with Asset Strategies, you can choose from a variety of mutual funds.

Fee-Based Investment

An investment account in which the advisor’s compensation is based on a set percentage of the client’s assets instead of on commissions. This management philosophy offers more flexibility to your account.

Roth IRA

A Roth IRA is an individual retirement account that is funded with earned income that has already been taxed. The advantage of this account, as compared to a regular IRA, is that withdrawals are free of federal income tax. For 2015, limits on Roth IRA contributions are $5,500/year for ages 49 and below, and $6,500/year for those ages 50 and above.

Mutual Funds

One of the main advantages of mutual funds is that they give investors access to professionally managed, diversified portfolios of equities, bonds and other securities, which would be quite difficult on an individual basis. Types of accounts include individual, joint, trust, or corporate.

Traditional IRA

A Traditional IRA is an individual retirement account that is funded with pre-taxed income. These accounts are tax-deferred until you withdraw income from them in retirement. For 2015, limits on IRA contributions are $5,500/year for ages 49 and below, and $6,500/year for those ages 50 and above.

College Savings 529 Plan or Education Savings Plan

If you would like to save money for a child’s college expenses, you may consider opening a 529 College Savings Plan. This is a savings account setup for a designated beneficiary for higher education expenses. Your contributions to this plan may have special federal and state tax advantages. You may also consider opening an Education Savings Account, (ESA), which allows you to save for primary and secondary education expenses on a tax-advantaged basis.

Current 401(k) Management

It is possible that your 401(k) is your largest savings account for retirement. At Asset Strategies, our advisors can help you manage your employee sponsored plan and make recommendations on which funds to choose. Getting expert advice can make a big difference over time!