(512) 523-4002

Mutual/Annuity/IRA

Mutual Funds

Whether you have just started your career or have been working for a long time, it’s never too late to open a mutual fund and invest in your future. Mutual funds are investment accounts that allow you to put money away, let experts handle it, and collect your investment when it has grown in size. Whether you’re saving for retirement, your kid’s college education, or the down payment on a house, mutual funds are a great option.

There are many different types of mutual funds available:

Equity Mutual Funds — Invest in common stocks, preferred stocks, and securities. These are divided by company size into large-cap, mid-cap, and small-cap stocks and by market into international, global, growth, and emerging markets.

Sector Funds — Invest in securities in a single sector of the marketplace (for example: tech, health care, energy, etc).

Fixed Income Funds — Invest in federal, municipal, or corporate bonds, where they borrower agrees to repay with a set interest rate. This option is predictable and less risky, but it is time-bound and has less potential for gain.

Index funds — Invest in stocks across the entire market. These funds try to match the market, not beat it. They are slightly less risky than equity funds, but may give better earnings than bonds.

Asset Allocation — Invest in one fund that allows for diversification across various stocks and bonds.

Picking an investment strategy is difficult. We can help you find the best fund to match your needs.

Retirement Plans

Planning for you retirement is important, and the earlier you start, the better. But even if you’re already well into your career, opening an individual retirement account (IRA) is still an important step in making sure you’re set up for the future.

An IRA is essentially a savings account that contains a variety of investment options, and any funds inside it come with several special rules and privileges.

There are several types of IRAs:

Traditional IRA — Funds inside this account get tax-free compound growth, but you do have to pay taxes at withdrawal. However, contributions to this account are tax-deductible.

Roth IRA — Funds inside this account get tax-free compound growth, and they can eventually be withdrawn tax-free. However, contributions to this account are not tax-deductible.

Rollover IRA — This account consolidates retirement plans you may have accumulated from multiple employers into one account.

There are more nuanced differences between the traditional IRA and the Roth IRA, and deciding which options is best for you can be difficult. Call us today, and we can assess your needs and help you pick the right account for your future.

Ready to customize your insurance plan?

7700 W Highway 71, Ste 130
Austin, TX 78735
(512) 523-4002
Fax: (855) 357-5197
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