IRA & Retirement Planning


In the past, seniors were ensured that they would be taken care during retirement through pensions, social security and retirement savings. This is no longer the case in the modern world. There are no longer guarantees that social security will be available and traditional pensions are rarely offered now and most companies. In order to be sure that you are financially secure when you retire, IRA and retirement planning is essential.

Cross Law APC can help you make informed choices with IRA and retirement planning. This planning can help you build your assets and make the right investments to secure your future. Whether you are just diving into the workforce or if you are reaching retirement age, retirement planning is key and Cross Law APC can help create a plan that is personalized for your situation.

The Importance of IRA and Retirement Planning

Financial security during retirement is the key to ensure you will be able to fully enjoy your life and be able to travel, indulge in your hobbies, and spend time with loved ones. It is never too early to begin planning to save and make smarter choices about your investments. The earlier you begin, the greater the chances you will build wealth over the course of your life.

Retirement planning is more than just deciding how much money to save. There are many tax advantages that you may be eligible for depending on your retirement investments. You must also be sure that you choose safe and secure accounts to keep your money. As you approach retirement age, you must also be wary of the rules for withdrawal to be sure you do not face penalties that can undermine your financial security.

Cross Law APC can help decipher these complicated rules and be sure that you are not making the wrong choices. With your financial security at stake, we are here to offer our guidance and advice with IRA and retirement planning.


What is Involved in IRA and Retirement Planning?

Income and other relevant factors play a huge role when deciding your investment options and are unique to each individual when IRA and retirement planning. When you work with our experienced attorney at Cross Law APC, there are general steps that we will walk through with you:

1.     We will evaluate the different types of IRA and tax-advantaged retirement accounts. These may include traditional IRAs, Roth IRAs, SEP IRAs and Simple IRAs. How you earn your income, the amount of income you receive and your tax situation is all taken into consideration when we help choose the best account type for you.

2.     Our attorney will be sure to maximize your tax benefits. Depending on your current and expected future tax bracket, your chosen IRAs and retirement accounts will provide different tax incentives. Cross Law APC will help you make the choice that provides you with the most tax advantages.

3.     We will aid in determining how much you should invest and your investment options. There are many rules on income limits and different kinds of accounts you can invest in, and we are here to help you understand these limitations. Knowing that determining how much to set aside is the most difficult part, we are here to support you when planning retirement. We can help you estimate what you will need to invest and how much growth you will see from that.

IRA and retirement planning must be addressed to help with the above situations. When determining these parts of planning, tax-advantaged accounts are a key issue because they can provide special protection against bankruptcy. With correct IRA and retirement planning, you can grow your wealth while still protecting your important assets.


Whether you just started your first job or if you have been in the workforce for 40 years, it is never too early or too late to start IRA and retirement planning. Contact Cross Law APC today to talk to our attorney to begin planning for your golden years.


Contact Us