Our firm specializes in helping individuals develop sound retirement strategies. If you are retired – or approaching retirement – please take the time to explore our website and the wealth of information we offer. We offer personalized, hands-on service. We educate our clients about financial concepts and products, and take the mystery out of investing, insurance, estate planning, and wealth management.
We understand the many challenges of retirement today and know the biggest concern for many is outliving their money. We focus on money management, as well as other issues that are critical to your financial well being.
Investing involves setting financial objectives that look beyond short-term volatility. Mattar Financial professionals can work with you to guide your capital forward. Through asset allocation strategies, we can help you invest in a style according to your risk tolerance and balance and rebalance your portfolio for your goals.
Planning for retirement is not hard, but it can take on many different meanings at different stages of life. Our team understand this, and they can help you with the basics — traditional IRAs vs. Roth IRAs, 401(k) rollovers — and with more advanced income and wealth management strategies incorporating annuities, stocks, and insurance.
If you're retiring, you can avoid the tax consequences on your 401(k) by "rolling over" the proceeds into another investment vehicle within 60 days of taking distribution. Mattar Financial professionals can help you roll your 401(k) assets into a traditional IRA — so you won`t have 20% taken out for taxes as you would if you cashed out, and so your money can continue growing in tax-deferred fashion.
We can help you arrange a direct 401(k) rollover to a managed or custodial account, so you can remain invested and potentially avoid tax penalties.
You may wish to consult your tax professional regarding your individual circumstances.
Mattar Financial offers a wide selection of tax-favored educational funding plans:
*Please read the 529 Plan Offering Statement carefully before investing or sending any money.
**Investing in a 529 Plan are subject to market risk and there is no guarantee that the funds will be sufficient to cover all college costs.
Mattar Financial offers:
Annuities offer tax deferral on earnings and in certain plans minimum guaranteed death benefits. Annuities can provide for immediate income or deferred income. We can assist you in determining which type of annuity is suitable for you.
There is a surrender charge imposed generally during the first 5 to 7 years that you own the contract. Withdrawals prior to age 59-1/2 may result in a 10% penalty, in addition to any ordinary income tax. The guarantee of the annuity is backed by the financial strength of the underlying insurance company.
* Please note that neither Mattar Financial, Sigma Financial Corporation, nor its representatives offer tax or legal advice. For specifics on your own situation, please consult your tax advisor or attorney.