An IRA is a personal retirement plan with tax benefits that allows savings to grow, or compound more quickly than in a taxable investment account.
An IRA can help your clients:
Depending on their income levels, traditional IRAs may offer tax deductions on all or part of their contributions.
When an IRA owner dies, the designated beneficiary can establish an inherited IRA and take payments over 10 years.
Make contributions with after-tax money with no tax deductions. However, future distributions can be made income tax free.
Knowing key information about your clients, such as age and stage of life, can unlock a variety of ideas on how IRA rollovers and Roth conversions might help your clients achieve their retirement goals. Follow this link to find tools that focus on managing IRA assets and rollovers.
The Retirement Strategies Group, subject-matter specialists with advanced degrees and designations such as CFA®, CFP®, ChFC®, CLU®, and JD, are ready to help.
Call
(800) 722-2333
In New York, (800) 748-6907
Email
RSG@PacificLife.com
Pacific Life, its distributors, and respective representatives do not provide tax, accounting, or legal advice. Any taxpayer should seek advice based on the taxpayer's particular circumstances from an independent tax advisor or attorney.
Pacific Life is a product provider. It is not a fiduciary and therefore does not give advice or make recommendations regarding insurance or investment products.
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Variable insurance products are distributed by Pacific Select Distributors, LLC (member FINRA & SIPC), a subsidiary of Pacific Life Insurance Company (Newport Beach, CA) and an affiliate of Pacific Life & Annuity Company. Variable and fixed annuity products are available through licensed third parties.
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