Oak Ridge Financial offers a variety of accounts and products to help you save for a financially secure retirement, including:

  • 401(k) - Investing in your company’s 401(k) can be a great way to optimize your money’s potential for growth, but it should represent only one aspect of your overall savings strategy.
  • Individual Retirement Account (IRA) - Investing in your IRA is one way to contribute to your retirement savings.
  • Roth IRA - A Roth IRA helps avoid federal taxation on your IRA earnings-both while they are invested and upon withdrawal.
  • Rollovers - Rolling your retirement assets from a qualified retirement plan at your place of employment into a traditional IRA is one of the best ways to keep your assets growing.

You should consult with a tax advisor before choosing IRA and Roth IRA accounts for deferred tax saving.