Northeast Financial Group, LLC can assist you in choosing the best financial services solution to meet your needs.  Please see below for some of the major types of savings vehicles we offer.    

Traditional IRA
An individual retirement account (IRA) that allows individuals to direct pretax income, up to specific annual limits, toward investments that can grow tax-deferred (no capital gains or dividend income is taxed).  Individual taxpayers are allowed to contribute 100% of compensation up to a specified maximum dollar amount to their Traditional IRA.  Contributions to the Traditional IRA may be tax-deductible depending on the taxpayers’ income, tax-filing status and other factors.

Roth IRA
An individual retirement plan that bears many similarities to the traditional IRA, but contributions are not tax deductible and qualified distributions are tax free.  Similar to other retirement plan accounts, non-qualified distributions from a Roth IRA, if held to age 59 1/2, may be subject to a penalty upon withdrawal.

Simple IRA
The Simple IRA is a retirement plan for small businesses with fewer than 100 employees.  Employers can select matching or a non-elective contribution.

Annuities
An annuity is a contract between an individual and an insurance company. The individual pays the insurance company money, either in a lump sum or regularly over time. At annuitization he or she begins receiving regular payments from the insurance company. Guarantees are based on the claims paying ability of the issuing insurance company.

401K
Choosing 401(k) plan options can be a daunting task and requires an experienced team like ours to help you through all options available. When considering offering your employees a 401(k) plan the cost of implementing such a plan should be considered. Also, the construction of a beneficial 401(k) plan requires research, which may take a significant amount of time.

Fixed Index Annuity
A fixed index annuity is a product that ties your interest rate to a major stock market index, like S&P 500.  As the index rises, the earning potential can increase. When the index falls, the insurance company helps protect your principle against losses.