Plan for Retirement

Go confidently toward your future

Planning for retirement is one of the most important ways you can invest in yourself and your future. Our team of financial advisors, available through LPL Financial LLC (“LPL”)‡, is here to help you with Individual Retirement Accounts (IRAs), 401(k) plans, Social Security benefits, and more.
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An LPL‡ Financial Advisor can help you:

  • Review your overall financial strategy for retirement
  • Decide whether a traditional IRA or Roth IRA is best for you
  • Invest 401(k) funds, consolidate 401(k)s or roll a 401(k) into an IRA
  • Understand your Social Security benefit options
  • Decide the right time to withdraw Social Security benefits

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Which IRA is right for you?

  • Traditional IRA

    Pay taxes later and invest more now.

    A traditional IRA allows you to save pre-tax income that grows tax-deferred. The funds are taxed at the owner’s current income tax rate when they’re withdrawn. Contributions may be tax-deductible.

    Who can open one: Practically anyone can open and contribute to a traditional IRA. The main requirement from the IRS is to have taxable compensation.

    Benefits:

    • Instead of being taxed, your income is invested in savings
    • You may be in a lower tax bracket when you make withdrawals from the account
    • Withdrawals can be made penalty-free starting at age 59 ½

  • Roth IRA

    Contribute after-tax funds now to avoid taxes later.

    Withdrawals from Roth IRAs in retirement are tax-free. Contributions to Roth IRAs are made with after-tax dollars, and contributions are not tax-deductible.

    Who can open one: Roth IRAs are available for individuals with incomes below limits set by the IRS. Contributions can be made at any age; however, contribution limits vary based on age.

    Benefits:

    • Qualified withdrawals in retirement will be tax-free
    • Original contributions may be withdrawn at any time
    • If the account has been open at least 5 years, qualified tax-free distributions may include first home purchase, education or medical expenses

Elevations members get a free first consultation with an LPL‡ Financial Advisor.

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More retirement planning services

  • 401(K) Consultation

    Invest, consolidate or roll over your 401(k).

    When you’re changing jobs or looking for a new one, there’s a lot on your plate. Let our experienced LPL Wealth Management Financial Advisors help you decide what to do with your 401(k) funds. Spend? Transfer? Roll into an IRA? Once you’ve made an informed choice, we’re here to make it happen. Our seasoned advisors can also recommend 401(k) investment options.

  • Social Security Consultation

    Make a plan for Social Security benefits.

    Did you know that Social Security benefits don’t need to start as soon as you retire? We can help you plan when to start receiving those valuable benefits to maximize your retirement goals.

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How can we help you?

Contact us Find a location Frequently asked questions

Give us a call at (800) 429-7626 | Routing #307074580

‡ Securities and advisory services are offered through LPL Financial (LPL), a registered investment advisor and broker-dealer (member FINRA/SIPC). Insurance products are offered through LPL or its licensed affiliates. Elevations Credit Union name and Elevations Wealth Management Services are not registered as a broker-dealer or investment advisor. Registered representatives of LPL offer products and services using Elevations Wealth Management Services and may also be employees of Elevations Credit Union These products and services are being offered through LPL or its affiliates, which are separate entities from, and not affiliates of, Elevations Credit Union or Elevations Wealth Management Services. Securities and insurance offered through LPL or its affiliates are:

Not Insured by NCUA or Any Other Government Agency
Not Credit Union Guaranteed 
Not Credit Union Deposits or Obligations
May Lose Value

Elevations Credit Union (“Financial Institution”) provides referrals to financial professionals of LPL Financial LLC (“LPL”) pursuant to an agreement that allows LPL to pay the Financial Institution for these referrals. This creates an incentive for the Financial Institution to make these referrals, resulting in a conflict of interest. The Financial Institution is not a current client of LPL for brokerage or advisory services. Please visit https://www.lpl.com/disclosures/is-lpl-relationship-disclosure.html for more detailed information.

The LPL Financial registered representative(s) associated with this website may discuss and/or transact business only with residents of the states in which they are properly registered or licensed. No offers may be made or accepted from any resident of any other state.

Check the background of investment professionals associated with this site on FINRA’s BrokerCheck.

For additional information, please visit www.lpl.com/CRS.