Receive a customized financial review that can help you reach your goals.
IRAs
Individual Retirement Arrangements (IRAs) offer tax advantages to encourage you to save for your retirement. There are different IRAs for different financial situations. To determine which IRA is best for you, contact OUCU Financial Services, available through CUSO Financial Services, L.P., and learn more.
Types of IRAs:
- Traditional IRA
- Rollover IRA
- Roth IRA
- SIMPLE IRA
- SEP IRA
- Non-deductible IRA
- Beneficiary IRA
Use our IRA Options Calculator to help you determine whether or not you are eligible to contribute to a Traditional IRA or a Roth IRA and the maximum amount that may be contributed.
Retirement Income Planning
Most of us understand that we need to save or accumulate money for retirement but transitioning those savings into an income stream after our paychecks stop can be concerning for many retirees. OUCU Financial Services, available through CUSO Financial Services, L.P., can help you develop a retirement income strategy.
Use our Retirement Planning Calculator as a starting point in developing this strategy and connect with CFS Financial Advsisor to put it into action.
Business Owner Retirement Plans
Choosing which retirement plan is right for your business can be complicated. OUCU Financial Services, available through CUSO Financial Services, L.P., can help determine what is best for your business and employees.
We work with several different types of retirement plans:
- Traditional 401(k) – for medium size companies
- Solo 401(k) – for small companies with only an owner and spouse as employees
- SIMPLE IRA – for small companies with less than 100 employees
- SEP IRA – for small companies with one to several employees
- 403(b) plans – for non-profit organizations
- Defined Benefit Plans – Traditional pension plans
Asset Allocation Analysis
Asset Allocation can be an important factor affecting the rate of return on your investments. OUCU Financial Services, available through CUSO Financial Services L.P., has allocation tools to help you evaluate if the risk you are taking in your portfolio matches your investment objectives and risk tolerance.
Financial Plans
If you are like most people, you have a variety of financial issues that you know you need to address. This may include saving for retirement, sending a child to college, rolling over a retirement account from a previous employer**, protecting your assets or leaving a legacy for your family when you pass on.
When addressing these issues, it is important to set goals, initiate action, and periodically review your progress. OUCU Financial Services, available through CUSO Financial Services, L.P., has access to financial planning software designed to help you do exactly that. Not only will we provide you with an easy to understand report of your financial situation but we will also help you implement the plan itself.
Our simple yet methodical approach is designed to help you understand and ultimately reach your goals. Best of all, your initial consultation with a CFS Financial Advisor is without obligation or cost!