25 Ways We Help Clients Build Better Relationships with Their Money
21.) Arrivity financial planners inform clients of unique investment vehicles they may have access to so they can optimally save for the future.
They say that knowing is half the battle. We aren’t quite sure who “they” are, but we think the phrase has some truth behind it. If you don’t know about a specific type of investment vehicle, you’ll never be able to take advantage of any unique savings or tax characteristics it has.
We stay abreast of the unique ways to invest and save your money for the future and can provide recommendations on the best “investment vehicles” for you to use in order to save money towards financial independence and retirement.
Backdoor Roth, Mega-backdoor Roth, Roth conversions, non-deductible IRA contributions, solo 401(k)s, Health Savings Accounts (HSAs), Series I savings bonds (I-Bonds), T-Bill ladders, CD ladders and 529 plans are all potentially great tools/vehicles for saving your hard-earned dollars in a more advantageous way than simply hiding it under the mattress.
If you have any questions about how these types of investment vehicles work and whether you can take advantage of them given your personal financial situation, please feel free to ask us when you meet with us for your annual review.
Please contact us at: Contact Arrivity or 206.217.2583 or info@arrivity.com if we can assist you or someone you know with financial planning.
Content provided herein is for informational purposes only and should not be used or construed as investment advice or a recommendation regarding the purchase or sale of any security. There is no guarantee that the statements, opinions or forecasts provided herein will prove to be correct. Past performance may not be indicative of future results. Indices are not available for direct investment. Any investor who attempts to mimic the performance of an index would incur fees and expenses which would reduce returns. Securities investing involves risk, including the potential for loss of principal. There is no assurance that any investment plan or strategy will be successful.