Investment Services
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.
- Bonds
- Common Stock
- Educational IRA
- Traditional IRA
- Roth IRA
- SEP IRA
- Simple IRA
- Brokerage Accounts
- Treasury Bills
- Government Securities
- Treasury Notes
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Retirement Planning
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.
401(k) Rollovers
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.
College Funding
Mattar Financial offers a wide selection of tax-favored educational funding plans:
- Internal Revenue Code Section 529 Qualified State Tuition Programs is a financing option which does not discriminate against the wealthy. These plans permit contributions up to $250,000 per student.
- Section 529 accounts remain under the control of the contributor.
- Earnings and growth accumulate tax deferred until distributed at which time the distribution is federal income and tax-free.
- Students may attend any U.S. Department of Education accredited institution of higher learning.
- Educational IRAs are also available but do not provide the advantages of a 529 college funding plan.
- Investor's home state may only offer favorable tax treatment for investing in a plan offered by such state. Investors should consult a tax adviser for details.
*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.
Annuities
Mattar Financial offers:
- Fixed Annuities
- Variable Annuities
- Equity Index Annuities
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.