Trying to understand all the terminology of investing, and which company’s offer what can not only be confusing, but quite overwhelming. Some company’s offer higher returns compared to others. But if you look at all the fees, it isn’t always worth it in the end.
Benefits of Guided Choice IRAs
An IRA is an individual retirement account meant to earn money towards their retirement savings. A Managed IRA means you have a company that essentially is doing the work for you. The account is tailored to your needs, rather than multiple holders (i.e. mutual funds). A managed account also can be for either individuals or small businesses.
GuidedChoice prides itself on being a completely transparent company that provides its customers with all-inclusive pricing – no hidden fees, ever. Not only that, GuidedChoice’s Managed IRA’s are suited to what you need. This becomes especially important with an IRA for an individual.
GuidedChoice also offers variety to their customers. Induvial Managed IRA’s have four different solutions:
- SIMPLE – meant to be as easy possible from opening to maintaining.
- Roth – this option is flexible with tax-free growth.
- SEP – more meant for small business owners, but can be used for an individual.
If you are looking for an IRA for a small business, GuidedChoice has three solutions:
- SEP (Simplified Employee Pension)
- Payroll Deduction IRAs
It is great to see so many options available through GuidedChoice for both small businesses and individuals. But what features does the company offer to make them stand out?