Wealth Management In Connecticut

Selecting the right Individual Retirement Account (IRA ) is a crucial decision that can impact your financial future in retirement. At One North Star, we understand the importance of choosing an IRA that aligns with your goals and circumstances. Let's explore how to make the best choice when it comes to your retirement savings. Understanding Your IRA Options There are different types of IRAs to consider, each offering unique benefits and considerations: Traditional IRA : Contributions to a Traditional IRA may be tax-deductible, potentially lowering your current tax bill. Withdrawals in retirement are taxed as ordinary income. Roth IRA : Contributions to a Roth IRA are made with after-tax dollars, allowing for tax-free withdrawals in retirement, including earnings, under certain conditions. SEP IRA (Simplified Employee Pension) : Designed for self-employed individuals and small business owners, SEP IRAs offer higher contribution limits than Traditional or Roth IRAs. SIMPLE IRA (Savi

  At One North Star, we believe that legacy creation is not just about leaving behind financial assets, but about building a lasting heritage that reflects your values, beliefs, and aspirations. In this blog, we'll explore some key techniques for creating a meaningful legacy that will endure for generations to come. Understanding Legacy Creation Legacy creation is the process of intentionally shaping and preserving your values, wisdom, and contributions to leave a lasting impact on the world. It involves thoughtful planning and strategic decision-making to ensure that your legacy aligns with your values and goals. Clarifying Your Vision The first step in legacy creation is to clarify your vision and values. What do you want to be remembered for? What impact do you want to have on your family, community, and society as a whole? By understanding your values and vision, you can begin to shape a legacy that reflects your true essence. Financial Planning for Legacy Creation Financial p

  Are you searching for personalized financial planning solutions tailored to your needs? Look no further than One North Star, your trusted partner in financial success. Our team of experienced financial planners in Stamford is here to provide you with the strategic solutions you need to achieve your financial goals with confidence. Comprehensive Financial Planning Services At One North Star, we offer a comprehensive range of financial planning services designed to address all aspects of your financial life. From retirement planning and investment management to estate planning and insurance solutions, we have the expertise and resources to help you navigate every stage of your financial journey. Expert Financial Planning Connecticut: Serving the Local Community As a leading financial planning firm in Connecticut , we take pride in serving the local community. Our team of expert financial planners is deeply committed to helping individuals and families across Stamford and beyond achiev

  Investing in your future is one of the most important decisions you can make, and having the guidance of a trusted 401k financial advisor can help you achieve your long-term financial goals. At One North Star, we offer comprehensive 401k financial advisor services to clients in Connecticut, including Stamford and Hartford. With our expertise and dedication to client success, we're committed to helping you build a secure financial future. Understanding the Value of a 401k Plan: A 401k plan is a powerful tool for retirement savings, offering tax advantages and employer contributions that can help you grow your nest egg over time. As experienced 401k financial advisors, we understand the importance of maximizing the benefits of your retirement account. We work closely with our clients to develop customized strategies that align with their unique financial goals and objectives. Tailored Solutions for Connecticut Residents: Whether you're a resident of Stamford, Hartford, or an