Through The Legend Group, investors have access to a wide selection of high quality investment options, professional asset management services and a wealth of investment planning knowledge.

Traditional §403(b) accounts
Employees of schools, hospitals and other not-for-profit organizations may take advantage of their employers' §403(b) plan to save for retirement. With a traditional §403(b) account, contributions are made on a pre-tax basis. This can reduce your tax obligation for the years in which you contribute to the plan, and all contributions are treated as tax-deferred until they are withdrawn. This way, taxes will not erode your account, allowing more of your savings to work for you over time. Employees may participate in a §403(b) program through payroll deduction, meaning contributions can be taken right out of your paycheck. And, §403(b) plan participants may choose from a wide variety of investment options, including mutual funds.

Roth §403(b) accounts
Roth §403(b) accounts offer the option to build tax-free retirement income. While Roth §403(b) accounts are funded with after-tax dollars, all qualified distributions are tax-free.*

Employees who are eligible to make salary deferrals to a regular §403(b) account are also eligible to defer to a Roth §403(b) account. Contributions may be made to a Roth §403(b) in addition to, or in place of regular §403(b) account contributions and your annual elective deferral limit may be divided between the two accounts in any manner you wish. However, once Salary Reduction Agreements have been signed and contributions have been deposited, participants may not transfer monies from one type of account to the other.

As with regular §403(b) accounts, employees may fund their Roth 403(b)s through payroll deduction, meaning contributions can be taken right out of your paycheck. Roth §403(b) accountholders may choose from a variety of investment options including mutual funds.

Distributions from a Roth §403(b) account may begin at age 59½ (provided the account has been funded for at least 5 years). And, while regular §403(b) account distributions are mandatory at age 70½, Roth §403(b) distributions are not mandatory until death if the account is rolled over to a Roth IRA.

Furthermore, a Roth §403(b) account can provide highly compensated individuals who may not be eligible to contribute to a Roth IRA with the opportunity to diversify their retirement assets.

*In order for the Roth §403(b) account to be distributed tax-free, it must be funded for a minimum of five years and distributions cannot be taken before the accountholder attains age 59 ½. A participant would also qualify for tax-free distributions if the account was held for five years and the account owner became disabled (under the strict definition of disability of §72(p) of the IRS code). Furthermore, in the event of the accountholder’s death, beneficiaries would receive tax-free distributions if the account was held for at least five years. Otherwise, the distribution would be treated as part return of principal and part taxable earnings. A 10% premature withdrawal penalty may apply to the earnings.

Individual Retirement Accounts (IRA)/ Roth IRA

Legend Advantage Retirement Account — This tax-sheltered account enables participants to invest in multiple mutual funds from different fund families in a single IRA, Roth IRA, §457 or §403(b) account. The Legend Advantage Retirement Account includes a Periodic Rebalancing Option known as PRO. This feature helps investors to maintain a diversified investment portfolio. With PRO, investors specify how assets are to be allocated within their portfolios.

For-profit Retirement Plans — SEP-IRA, SIMPLE IRA, §401(k), Keogh, profit sharing and money purchase pension plans.

§529 College Savings Plans — This tax-advantaged college savings vehicle allows for earnings to be treated as tax-deferred until withdrawal. What's more, when funds are withdrawn to meet expenses associated with higher learning, the account's earnings are federal income tax free.* 

A Wide Selection of Investment Options

Mutual Funds— A wide variety of mutual funds from many different mutual fund families. As your Advisor, I can guide you in selecting the mutual funds that may be appropriate for your investment objectives.

Annuities — A selection of fixed and variable annuities from nationally recognized insurance companies.

Individual Securities —Trade stocks, government bonds and corporate bonds sold on the major exchanges or over-the-counter markets. (Series 7 Reps Only).

Professional Investment Management Services — Offered through Legend Advisory Corporation, the Strategic Asset Management^® (SAM^®) and SAM^® Select Portfolios and the Freemark Managed Portfolios are dynamic, professionally managed mutual fund asset allocation services that seek to maximize returns while attempting to reduce risk. These programs each feature five asset allocation portfolios with objectives ranging from conservative to aggressive.

Life, Disability, Long Term Care, Dental and Custom Insurance Programs — Planning for the future includes more than just investments. Insurance can be a crucial component in the protection of your assets, and your family. I can work with you to help you assess your insurance needs as a part of your comprehensive financial strategy.

Loan Options

Retirement Planning

Pre-retirement Strategies

Estate Planning

Social Security Statement of Earnings

Tax Analysis and W-4 Computations*