IRA & Retirement Planning

Queens, New York Retirement Planning Lawyers

Since 1911, the law office of Gross & Levin, L.L.P. has offered sound legal advice to individuals and families throughout Queens. If you have reached the point in life where your retirement plans require guidance, seek help from our firm. Our legacy of service to the community will serve you and your future well.

Talk about retirement planning with an experienced attorney from Gross & Levin, L.L.P. Contact us today to schedule a consultation.

What Is Your Retirement Plan?

In partnership with our estate planning practice, we provide complete services designed to maximize your assets, maximize wealth transfer and minimize tax consequences to you and your estate. In your initial consultation, one of our attorneys will discuss any directives you already have in place, such as a will. We then identify your goals and develop a method to help you reach those goals. If you want your retirement years to be as rewarding and financially stress-free as possible, consider our retirement planning services.

The type of retirement account you open will affect your retirement in the future. Depending on your choice, your money will be deposited, invested, maintained and used in various ways. Gross & Levin, L.L.P. can discuss your retirement options, which include the following:

• IRA: An IRA is an individualized retirement account that is made with pre-tax income. You do not pay taxes on it until you withdraw the money. Money in an IRA grows tax-free.
• Roth IRA: A Roth individualized retirement account is made with after-tax income. You do not pay taxes when you withdraw the money.
• 401(k) plans: These plans are deducted automatically from your paycheck each pay period from pre-tax income. Many employers match employee contributions. Money in a 401(k) grows tax free.

Of course, the information provided here is general. To discuss your specific retirement plan with an experienced attorney, contact our firm and schedule your consultation.