Are you looking for a tax-advantaged way to save money for
important life events, such as a first-time home purchase, future college
expenses for your children, or retirement? If so, ask a Morgan Stanley Smith
Barney Financial Advisor for a complimentary Retirement Review to learn if one
of our IRA products may be suitable for your needs.
Morgan Stanley Smith Barney offers a variety of IRAs to help you develop a
retirement savings solution that's right for you. IRAs offer the potential for
tax-deferred savings-a powerful advantage in long-term retirement planning.
Traditional IRAs offer you the potential to make
tax-deductible contributions and to achieve tax-deferred earnings. With a Roth
IRA, although contributions are not tax-deductible, your earnings grow
tax-deferred and you may be eligible for tax-free distributions.
This chart assists you in determining which IRA is most
suitable for your needs.
Have you recently retired or changed jobs? Are you planning to
retire soon? Learn more about gaining greater control over your retirement
savings and the other benefits of consolidating your retirement assets with a
Rollover IRA.
The SEP and SIMPLE IRA Plans are low-cost, convenient and
relatively easy retirement plans to administer, and each offers small business
owners the benefits of tax deduction and tax deferral.
Learn about our two tax-advantaged education funding
strategies -- the Coverdell Education Savings Account (formerly “Education
IRA”) and our College SAVE 529 Plan.
This section provides you with the answers to commonly asked
IRA questions.
Tax laws are complex and subject to change. This information is
based on current federal tax laws in effect at the time this was written.
Morgan Stanley Smith Barney and its Financial Advisors do not provide tax or
legal advice. This material was not intended nor written to be used for the
purpose of avoiding tax penalties that may be imposed on the taxpayer.
Individuals are urged to consult their personal tax or legal advisors to
understand the tax and related consequences of any actions or investments
described herein.
Our retirement planning services are not financial planning (unless
they are specifically called financial planning). They do not create an
investment advisory or a fiduciary relationship (including under ERISA) between
you and Morgan Stanley Smith Barney. Morgan Stanley Smith Barney will prepare a
financial plan at your specific request through Morgan Stanley Financial
OutlookSM.
