Often the most important things we can do for our clients is prepare them for unanticipated events or situations outside of the realm of basic financial planning.
Getting ready to retire or just starting out? The Phillips Group will provide several options and help you decide which retirement plan is best for you. Business owners and self-employed professionals rely on us not only to guide the investments of their retirement plan but we can assist in establishing a new plan or rolling over a 401(k) to an IRA (Individual Retirement Account).
Find out if your business could benefit from a defined benefit (traditional pension) or defined contribution (401(k), profit sharing) plan. Other plans include: 403(b), 457(b), SEP IRA, Simple IRA and Roth IRA. If you are 50 or older, you may be able to take advantage of catch up opportunities to potentially increase your retirement savings.