1926 E. Fort Lowell Rd Suite 100
Tucson, AZ 85719
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Are You Maximizing Your 403(b) Plan Benefits?
Designed for Individuals Committed to Smart Financial Planning
1926 E. Fort Lowell Rd
Suite 100
Tucson, AZ 85719
Have you ever wondered how to maximize your retirement savings without feeling overwhelmed by complex financial jargon?
Enter Ironwood Financial’s 403(b) Plans, a strategic approach to retirement planning designed with your future in mind.
Ironwood Financial’s 403(b) plans are not just another retirement saving option.
They offer a personalized, client-first strategy to assist you in building a comfortable retirement.
As an independent registered investment advisor (RIA), we provide access to a wide range of investment options.
This allows us to tailor your retirement plan to your needs, focusing on tax efficiency and cost-effectiveness.
Imagine having a 403(b) plan that aligns with your financial goals, risk tolerance, and withdrawal needs.
With Ironwood Financial, you can reduce financial stress and plan confidently for your retirement.
Our approach emphasizes transparency and ethical investment handling, prioritizing your financial well-being.
Reach out today to book your first appointment or schedule a call to discuss your 403(b) plan options.
We’re here to guide you through your retirement journey.
Working with Ironwood Financial on your 403(b) plan means experiencing a transparent, client-centered process that focuses on your retirement goals and financial security.
Our detailed and thorough approach aims to align every aspect of your retirement plan with your objectives and financial circumstances.
Initial Consultation: We start by understanding your unique financial situation, goals, and concerns.
This meeting allows us to gather all the necessary information to craft a personalized retirement strategy.
Customized Planning: Using insights from our consultation, we design a 403(b) plan tailored to your risk tolerance, withdrawal needs, and long-term objectives.
Our independence as an RIA means we can choose from many investment options to find the best fit for you.
Ongoing Management: Once your plan is in place, we continuously monitor and adjust it to stay aligned with your goals.
Regular reviews and updates are integral to our service, adapting your 403(b) plan to changes in your life or the market.
Transparent Communication: We believe in clear, open communication.
You’ll receive regular updates on your plan’s performance and have direct access to our team for any questions or concerns.
We avoid industry jargon and explain everything in a way that makes sense to you.
Ethical and Transparent Fees: Our fee structure is straightforward, with no hidden costs.
We charge a percentage of assets under management, aligning our interests with yours.
Partnering with Ironwood Financial means having a dedicated advisor focused on your financial well-being.
We provide the foundation for a more secure and confident retirement, explicitly tailored to your needs and aspirations.
Reach out today to book your first appointment or schedule a call to talk with us.
We’re here to help guide your retirement journey.
A 403(b) plan is not just another retirement savings option—it’s a strategic approach to building a secure and comfortable retirement. But how do you know if a 403(b) plan is the right choice for you?
Consider whether these aspects of our service resonate with your needs and goals.
Are you seeking a tax-advantaged way to save for retirement?
403(b) Plans offer significant tax benefits, allowing your investments to grow tax-deferred until retirement.
Do you work for a public school, non-profit organization, or religious institution?
403(b) Plans are specifically designed for employees of these types of organizations, providing a tailored retirement saving solution.
Do you value having a customized retirement plan?
Our approach tailors your 403(b) Plan to your specific financial situation, risk tolerance, and retirement goals.
Are you looking for a transparent and ethical financial partner?
Ironwood Financial’s commitment to transparency and client-first philosophy means your best interests are always our top priority.
Do you appreciate regular communication and updates about your retirement savings?
We provide continuous monitoring, regular reviews, and clear communication to keep you informed and confident in your retirement plan.
If these questions resonate with your needs and aspirations, our 403(b) plan service may be a perfect fit for your situation.
Reach out today to book your first appointment or schedule a call to discuss your needs.
We’re here to help guide your retirement journey.
Why Choose Ironwood Financial for 403(b) Retirement Planning?
It’s not just our expertise in 403(b) Plans—our unwavering commitment to your financial future. Our team, led by seasoned financial experts, provides personalized advisory services that align with your retirement goals.
Experience the Ironwood Financial Difference:
Expert Guidance
Our team of professionals is deeply knowledgeable in retirement planning and 403(b) strategies. With years of experience, we optimize your retirement plan for growth and security.
Ethical Standards
We adhere strictly to fiduciary standards, committing to making every recommendation and decision with your best interests in mind. We are dedicated to transparency and integrity in every aspect of our service.
Personalized Financial Plans
We understand that each client has unique financial circumstances and goals. That’s why we customize every 403(b) plan to fit your needs, helping you achieve your retirement objectives effectively.
Comprehensive Retirement Solutions
Beyond 403(b) plan management, we offer a full suite of retirement planning services, including tax efficiency strategies, wealth preservation, and accumulation services designed to support your journey toward financial security and success.
Are you ready to secure retirement with a team dedicated to your success? Contact Ironwood Financial today to schedule your first consultation!
Do you have questions about our services or what it’s like to work with us?
Here are some common inquiries to help you understand our commitment to personalized financial guidance and the substantial benefits of our expert investment management.
One of the most compelling benefits of a 403(b) plan is the advantage of tax-deferred growth.
When you contribute to a 403(b) plan, your investments grow tax-deferred, meaning you don’t pay taxes on the earnings until you withdraw the money in retirement. This allows your investments to compound more effectively over time, as your contributions and earnings can be reinvested without taxes reducing them yearly.
The power of compounding can significantly increase the value of your retirement savings, helping you build a substantial nest egg for the future.
Tax-deferred growth not only boosts your retirement savings but also offers potential tax advantages during your working years.
Since contributions to a traditional 403(b) plan are made with pre-tax dollars, they reduce your taxable income for the year, potentially lowering your overall tax bill. This dual benefit of immediate tax savings and deferred tax growth makes the 403(b) plan attractive for those looking to maximize their retirement savings.
By working with Ironwood Financial, you can optimize your 403(b) plan to take full advantage of these tax benefits, helping your retirement savings grow efficiently and effectively.
Another significant benefit of a 403(b) plan is the potential for employer contributions.
Many employers offer matching contributions to their employees’ 403(b) plans, which can substantially boost your retirement savings.
For example, an employer might match a certain percentage of your contributions, effectively doubling your savings. This match is essentially free money that helps your retirement fund grow faster, providing a significant advantage over saving without employer support.
Employer contributions not only increase your retirement savings but also reflect your employer’s commitment to your financial well-being. These contributions can make a meaningful difference in the long-term growth of your retirement fund, especially when combined with the benefits of tax-deferred growth.
Maximizing your contributions to take full advantage of any available employer match can significantly enhance this benefit.
At Ironwood Financial, we assist you in understanding and optimizing employer contributions to your 403(b) plan, helping to enhance your retirement savings.
One of the standout features of a 403(b) plan is its higher contribution limits compared to other retirement savings options.
For 2023, employees can contribute up to $22,500 annually to their 403(b) plan. This higher limit allows you to save more aggressively for retirement, providing a robust foundation for your future financial security.
By maximizing your contributions, you can take full advantage of tax-deferred growth and potential employer matching, significantly boosting your retirement savings over time.
The ability to contribute more each year is particularly beneficial for those starting their retirement savings later in their careers or those who aim to build a comfortable retirement. This higher limit enables you to catch up and build a substantial retirement fund, even if you haven’t been able to save as much in the past.
At Ironwood Financial, we help you strategize and make the most of these higher contribution limits, aligning your 403(b) plan with your financial goals and maximizing your benefits. Our expert guidance assists you in leveraging these generous limits, setting you on a secure and prosperous retirement path.
The 403(b) plan offers unique catch-up contribution provisions that allow certain employees to save even more for retirement.
Employees aged 50 and over can make additional catch-up contributions of up to $7,500 annually on top of the standard contribution limits. This provision is ideal for those who started saving later in their careers or need to accelerate their retirement savings as they approach retirement age.
Additionally, employees with 15 years of service with the same employer may contribute an extra $3,000 per year, up to a lifetime maximum of $15,000. These catch-up contributions provide a valuable opportunity to significantly boost your savings in the crucial years leading up to retirement.
Catch-up contributions are especially beneficial for individuals who are behind on their retirement savings goals. By taking advantage of these provisions, you can compensate for lost time and build a more secure financial future.
At Ironwood Financial, we assist you in navigating these catch-up contribution options, tailoring a strategy that maximizes your ability to save. Our personalized approach leverages these additional contributions, helping you build a more substantial retirement fund and achieve your financial goals more effectively.
A 403(b) plan provides various investment options, allowing you to tailor your portfolio to match your risk tolerance, retirement goals, and financial situation. These plans typically offer a range of investment vehicles, including mutual funds and annuities.
Mutual funds allow you to invest in a diversified portfolio of stocks, bonds, and other securities, spreading risk across various assets.
On the other hand, annuities can provide a steady income stream during retirement, offering financial stability and peace of mind.
The flexibility in investment options means you can create a retirement plan that suits your needs and preferences. Whether you prefer a more aggressive growth strategy or a conservative approach focused on preserving capital, a 403(b) plan can accommodate your investment style.
At Ironwood Financial, we work with you to select the best investment options for your 403(b) plan, aligning your portfolio with your long-term financial objectives. Our expertise and personalized guidance help you make informed investment decisions, maximize retirement savings, and promote financial security.
A notable feature of many 403(b) plans is the option to make Roth contributions.
Unlike traditional 403(b) contributions, which are made with pre-tax dollars, Roth 403(b) contributions are made with after-tax dollars. This means you pay taxes on the money you contribute upfront, but your withdrawals during retirement are tax-free, provided certain conditions are met.
This can be particularly advantageous if you expect to be in a higher tax bracket during retirement, as it allows your investments to grow tax-free and avoids future tax liabilities on your withdrawals.
The Roth 403(b) option offers flexibility and tax planning benefits, enabling you to diversify your tax exposure between pre-tax and after-tax contributions. This can serve as a hedge against future tax rate increases and offer more predictable, tax-free income in retirement.
At Ironwood Financial, we assist you in evaluating whether the Roth 403(b) option aligns with your financial goals and retirement plans. By integrating Roth contributions into your overall strategy, we help you maximize the tax advantages and retirement benefits of your 403(b) plan, providing you with greater control over your financial future.
One critical convenience of a 403(b) plan is automatic payroll deductions.
Your contributions are directly deducted from your paycheck and deposited into your 403(b) account, making retirement savings seamless and effortless.
By automating the process, you can maintain consistent contributions to your retirement savings without needing manual transfers or remembering to set aside money each month. This regularity simplifies the saving process and helps instill disciplined saving habits.
Automatic payroll deductions offer the additional benefit of dollar-cost averaging, a strategy where you invest a fixed amount regularly, regardless of market conditions. This approach can reduce the impact of market volatility and potentially enhance your investment returns over time.
At Ironwood Financial, we assist you in setting up and optimizing your automatic payroll deductions, aligning your contributions with your retirement goals. Our guidance helps you fully utilize this convenient and effective saving method, building a substantial retirement fund with minimal effort.
The portability of a 403(b) plan is a significant advantage for those who may change jobs throughout their career.
If you leave your current employer, you can roll over your 403(b) account into another qualified retirement plan, such as an IRA, a new employer’s 403(b) plan, or a 401(k) plan. This flexibility helps keep your retirement savings intact and continues to grow, regardless of changes in your employment status. By consolidating your retirement accounts, you can streamline your retirement planning.
Portability allows you to avoid potential tax penalties and early withdrawal fees that come with cashing out your retirement savings when changing jobs. It also provides an opportunity to reassess and optimize your investment strategy as you move to new employment.
At Ironwood Financial, we assist you in navigating the rollover process, helping your retirement savings transfer smoothly and without unnecessary tax implications.
Our expertise supports you in making informed decisions about your rollover options, keeping your retirement plan on track and aligned with your long-term financial goals.
A well-managed 403(b) plan can provide you with a reliable source of income in retirement, building financial security and peace of mind.
By contributing regularly to your 403(b) and taking advantage of employer matches, tax-deferred growth, and strategic investment options, you can accumulate a substantial retirement nest egg. This financial security means you can enjoy your retirement years without worrying about running out of money or facing unexpected financial hardships.
Financial security in retirement is about more than just having enough to cover your basic needs. It allows you to maintain your desired lifestyle, pursue your passions, and have the flexibility to handle any unforeseen expenses.
At Ironwood Financial, we help you design a 403(b) plan that aligns with your retirement goals, creating a robust and dependable income stream. Our personalized approach and expert advice help you maximize the benefits of your 403(b) plan, giving you confidence that your financial future is secure.
One significant benefit of enrolling in a 403(b) plan with Ironwood Financial is the professional management that comes with it.
Our team of experienced advisors takes a hands-on approach to managing your retirement savings, aligning your investments with your financial goals and risk tolerance.
Our expertise can help you navigate the complexities of the financial markets, make informed investment decisions, and optimize your portfolio for growth and stability.
Professional management means you can access ongoing guidance and support, adapting your 403(b) plan to changes in your financial situation, market conditions, and retirement goals.
We continuously monitor your investments, adjusting as needed to keep your plan on track. This proactive approach helps mitigate risks and seize opportunities, maximizing the potential of your retirement savings.
At Ironwood Financial, our commitment to personalized service means we are always available to answer your questions, provide insights, and help you make the most of your 403(b) plan. With our professional management, you can feel confident that your retirement savings are in capable hands.
Becoming a Client
Exploring the opportunity to become a client with Ironwood Financial is a pivotal step toward securing your financial future.
In our straightforward initial consultation, we’ll assess your financial goals, discuss your needs, and outline how our personalized services can benefit you.
Our dedicated team is committed to providing tailored financial advice and comprehensive retirement planning, including 403(b) plans, to help you achieve your aspirations.
Start your journey to financial success today by scheduling your meeting and experiencing firsthand how our expertise and dedication can transform your financial outlook.
Experience the Ironwood Difference
A free retirement process designed to help give you the confidence and clarity to retire when you want, how you want, and with the income and lifestyle you truly desire.
Copyright © 2021 · Please remember that past performance may not be indicative of future results. Different types of investments involve varying degrees of risk, and there can be no assurance that the future performance of any specific investment, investment strategy, or product (including the investments and/or investment strategies recommended or undertaken by Ironwood Financial, LLC), or any non-investment related content, made reference to directly or indirectly in this newsletter will be profitable, equal any corresponding indicated historical performance level(s), be suitable for your portfolio or individual situation, or prove successful. Due to various factors, including changing market conditions and/or applicable laws, the content may no longer be reflective of current opinions or positions. Moreover, you should not assume that any discussion or information contained in this newsletter serves as the receipt of, or as a substitute for, personalized investment advice from Ironwood Financial, LLC. To the extent that a reader has any questions regarding the applicability of any specific issue discussed above to his/her individual situation, he/she is encouraged to consult with the professional advisor of his/her choosing. Ironwood Financial, LLC is neither a law firm nor a certified public accounting firm and no portion of the newsletter content should be construed as legal or accounting advice. If you are a Ironwood Financial, LLC client, please remember to contact Ironwood Financial, LLC, in writing, if there are any changes in your personal/financial situation or investment objectives for the purpose of reviewing/evaluating/revising our previous recommendations and/or services. A copy of the Ironwood Financial, LLC’s current written disclosure statement discussing our advisory services and fees is available upon request.