For their 401k plans, Allentown, PA residents know they can trust the professionals at Magellan Financial, Inc. When you reach a certain age, retirement planning becomes a looming reality. Whether you are thinking about retiring in the near future, or want to look ahead into your options down the road, our team is here to help.
401k Planning For Employees
We work hard to create diverse options and comprehensive strategies for our clients, striving to help your revenue continue to grow and remain sound at every financial stage. Clients come to us with questions such as, “When should I start planning for my retirement,” and, “How much money will I have when I retire?” Our staff will assure you, it’s never too early to start planning for your retirement.
We are here to answer all of your questions, and help you reach your financial goals. We offer 401k services such as rollovers, and we can analyze which 401k plan options can be the best for helping to achieve your goal. Whether you are interested in IRAs, Roth IRAs, or converting your current portfolio into something different, we can help. Our knowledgeable team will look at your fiscal situation, determine how much you need to save, and estimate how long before you can feel confident in your decision to retire. We are dedicated to providing financial guidance to the residents of Allentown and surrounding cities.
Please keep in mind that rolling over assets to an IRA is just one of multiple options for your 401k plan. Each option has different advantages, disadvantages, investment options, and fees & expenses which should be understood and carefully considered. Investing and maintaining assets in an IRA will generally involve higher costs than those associated with employer-sponsored retirement plans. We recommend you consult with your current plan administrator before making any decisions regarding your retirement assets.
401k Retirement Planning For Businesses
We also offer help to Business Owners, from creating 401k plans for employees to managing shareholder compensation, and even handling continuity or ownership transfers. We understand that business owners have to ensure their company’s profitability in the present while also promoting their personal financial health for the future. By creating and managing a well-thought out retirement plan, you can help ensure employee satisfaction and financial growth. From 401k’s to Non-qualified Deferred Compensation to Business Transfer Services, we can offer a variety of benefits and investment opportunities that help maximize long-term returns, as well as develop packages that encourage employee retention.
We also serve family-owned businesses and can provide business succession, exit, or transfer planning that allows owners to safeguard their business by planning the transfer of ownership before their career ends. Our team will work with you to choose the best strategy that is designed to leave you and your family financially secure in the future. Our services include:
- Liquidity event planning
- Internal buyout planning
- Pre-sale planning
- Shareholder, family or executive compensation planning
We understand how important protecting your financial future is. That’s why our compassionate team will work to provide you with the best options available when it comes to 401ks, IRAs, education planning, and more.* We can even help with estate planning strategies, personal trust services, insurance services, and so much more. When you are ready to start thinking about your 401k retirement plans, Allentown, PA residents are welcome to get started with Magellan Financial, Inc. Call today.
For more information on 401k plans, see the link below:
* Insurance products are offered through nonbank insurance agency affiliates of Wells Fargo & Company and are underwritten by unaffiliated insurance companies.
Trust services available through banking and trust affiliates in addition to non-affiliated companies of Wells Fargo Advisors Financial Network. Wells Fargo Advisors Financial Network and its affiliates do not provide legal or tax advice. Any estate plan should be reviewed by an attorney who specializes in estate planning and is licensed to practice law in your state.