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IRAs

Maximize Your Savings with an IRA

It’s the key to a comfortable and independent retirement. 

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IRAs

Why Choose an IRA?

IRAs are designed to help you save smarter and maximize your retirement potential:

  • Tax Advantages

    Maximize savings with tax-deferred or tax-free benefits.

  • Flexible Contributions

    Maximize savings with tax-deferred or tax-free benefits.

  • Compound Growth

    Let your investments grow faster over time with compounding.

Which IRA Fits Your Goals?

IRAs aren’t one-size-fits-all. The best option depends on your financial goals, income, and retirement timeline.

Traditional IRA

Save on taxes today and let your investments grow tax deferred.

Term Life Insurance Benefits
  • Contributions – May be tax-deductible, reducing your taxable income now (based on income and filing status).
  • Earnings – Grow tax-deferred until withdrawals begin.
  • Best For – Those seeking immediate tax savings and expecting to be in a lower tax bracket during retirement.

Roth IRA

Pay taxes now and enjoy tax
free income in retirement.

Whole Life Insurance Benefits
  • Contributions – Made with after-tax dollars (not tax-deductible).
  • Earnings – Withdrawals during retirement are tax-free if eligibility requirements are met.
  • Best For – Savers looking for long-term, tax-free growth and expecting to be in a higher tax bracket later in life.

Unsure which IRA is right for you? Contact us to explore your options.

Speak to an Advisor

Snapshot of Contribution Limits

AgeAnnual Contribution LimitCatch-Up Contribution (50+)
Under 50$6,500N/A
50 and Older$6,500+$1,000
*Limits are subject to IRS guidelines and may vary based on income and filing status.

Explore your eligibility and maximize your contributions with our help!

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Did You Know?

Over 40% of American households have an IRA. Are you one of them?

Start saving smarter and take control of your financial future.
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START YOUR JOURNEY

How Luso Simplifies
Retirement Planning

  • Understand Your Needs

    Our advisors help you explore Traditional, Roth, or Simple IRAs to find the right match.

  • Customize Your Strategy

    Tailor your plan to align with your goals and take advantage of tax benefits.

  • Achieve Your Vision

    Watch your savings grow as you prepare for a comfortable retirement.

Let us build your retirement strategy together

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IRA FAQs

Find The Answer

If you still can’t find what you’re looking for, speak with an advisor for personalized guidance.

Speak with an Advisor

What is an IRA?

What is the difference between Traditional and Roth IRAs?

How much can I contribute to an IRA?

Can I have both a Traditional and Roth IRA?

Your Financial Future Starts Here

Take the next step with specialized plans designed just for you.

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