The Guaraldi Agency offers a broad range of financial services which include:
- Review and analysis for financial performance
- Business and estate planning and insurance
- Retirement preparation
- Investments for education
We also offer a variety of protection and investment products, including life, health and disability insurance and long‐term care, mutual funds, annuities and IRAs.
Investing involves market risk, including possible loss of principal, and there is no guarantee that investment objectives will be achieved.
There are two major categories of life insurance – protection life insurance and investment life insurance.
Protection policies are designed to provide a specific benefit – typically a lump sum payment – as a result of a specific event. A common form of protection life insurance is term insurance.
Investment policies – where a significant objective is to facilitate the growth of capital by regular or single premiums is also popular. Common forms of this version of life insurance are whole life, universal life, and variable life insurance policies.
As your personal situations change (i.e., marriage, birth of a child or job promotion), so will your life insurance needs. Care should be taken to ensure these strategies and products are suitable for your long-term life insurance needs. You should weigh your objectives, time horizon and risk tolerance as well as any associated costs before investing. Also, be aware that market volatility can lead to the possibility of the need for additional premium in your policy. Variable life insurance has fees and charges associated with it that include costs of insurance that vary with such characteristics of the insured as gender, health and age, underlying fund charges and expenses, and additional charges for riders that customize a policy to fit your individual needs.
A 401(k) rollover is the process of moving your retirement savings from your retirement plan at work whether is be a 401(k) or profit-sharing plan into an Individual Retirement Account (IRA). Rolling over to an IRA allows you to keep your savings tax-deferred and typically gives you a broader choice of investments.
The Guaraldi Agency can advise and guide you through this process.
Planning for education is important. A 529 plan is a tax-advantaged savings plan designed to encourage saving for future college costs. 529 plans, also known as “qualified tuition plans,” are sponsored by states, state agencies, or educational institutions and are authorized by Section 529 of the Internal Revenue Code.
The Guaraldi Agency can set up all the necessary aspects of a qualified tuition plan for you.
Simple & Easy IRA Accounts
There’s nothing like compounding to add to the potential growth of your retirement savings. And the sooner you get started, the more time you’ll have on your side.
IRA stands for Individual Retirement Account, and it’s basically a savings account with big tax breaks. An IRA makes is an ideal way to build up cash for your retirement. A lot of people mistakenly think an IRA itself is an investment. Actually it is the basket in which you keep stocks, bonds, mutual funds and other assets.
Unlike 401(k)s, which are accounts provided by a company for the company’s employees, the most common types of IRAs are accounts that you open on your own. These accounts can be opened by self-employed individuals and small business owners. There are several different types of IRAs, including traditional IRAs, Roth IRAs, SEP IRAs, and SIMPLE IRAs.
The Guaraldi Agency can help you to decide which one is best for you and assist your in setting it up.