When you are young and just starting a professional life, retirement might be the last thing on your mind. However, if you ask any retired person, or someone entering retirement, what advice they would give you about planning for that day, chances are they’ll say: Start as soon as you can!  

Why Retirement Savings Accounts are Important

The best way to assure you have a comfortable retirement, is to select a retirement savings account/s that matches your retirement objectives – and start saving as much and as frequently as you can! Without such accounts to help you, or with the wrong type of savings accounts, you’ll likely find it extremely hard to meet your retirement savings goals. 

What We Can Do For You

As you start planning to save for retirement, you’ll likely have many questions that you need answered:

  • When should I start saving?

  • How much should I save?

  • How much will I need for a “comfortable” retirement?

  • What’s the best vehicle for me to save for my golden years?

  • Which “pot” of retirement savings should I tap into first?

We will help address all of your questions. We’ll also help you make informed decisions about which types of savings vehicles are right to meet your particular retirement goals. Not all retirement savings accounts are designed the same. For instance, some have yearly maximum contribution limits, and others have planned distribution criteria associated with them. Violation of those rules can lead to IRS-imposed premature withdrawal penalties. 


Our Retirement Savings Account specialists will help you navigate the plethora of saving options available to you, some of which include:

  • Individual Retirement Account (IRA): This is the most commonly used savings account available to most Americans saving for their retirement. Where a company-sponsored retirement plan isn’t available, IRAs can be used as a way for tax-deferred savings. Over the period while you work, tax-deductible “contributions”, up to an eligible amount, can be made into the account. You only pay taxes when you withdraw funds in retirement  

    Some IRA’s have contribution limitations and tax consequences for early withdrawals. Distributions from traditional IRA’s and employer sponsored retirement plans are taxed as ordinary income and, if take prior to reaching age 59 ½, may be subject to an additional 10% IRS tax penalty. Converting from a For complete details consult your tax advisor or attorney.

  • Roth IRA Account: Roth IRAs differ somewhat from traditional IRAs – which allows for tax-deferred growth of retirement savings - in that the money deposited into these accounts is from “after-tax” dollars. Subsequently, when you make withdrawals from your Roth account, you are not taxed. Additionally, your savings within the account also grow tax-free

    To qualify for the the tax-free and penalty-free withdrawal or earnings, a Roth IRA must be in place for at least five tax years, and the distribution must take place after age 59 ½ or due to death, disability, or a first time home purchase (up to a $10,000 lifetime maximum). Depending on state law, Roth IRA distributions may be subject to state taxes.

  • Simplified Employee Pension (SEP) IRA: Some employees may have access to employer-sponsored SEP-IRA accounts. These are similar to traditional IRAs, and may sometimes use Annuities as a retirement savings vehicle

  • Savings Incentive Match Plan for Employees (SIMPLE) IRA: This is yet another retirement saving plan available to working Americans saving for their retirement. SIMPLE-IRA plans mandate an employer-matched contribution, and are ideal for smaller business (less than 100 employees) 

  • Traditional 401(k) or Roth 401(k) plans: Like individual and Roth IRAs, employers can offer staff traditional 401(k) plans or Roth 401(k) plans to their employees. In some cases, for instance where an employer matches 100% of your contribution to these retirement savings accounts, it might make sense to join the plan. However, the funds are invested at the discretion of the fund manager, and you (the employee) might have no say in those decisions. We’ll help you decide whether you should participate or opt out of these plans 

  • Rollovers: We’ll not only help you choose the right retirement savings accounts for you, but we’ll ensure they are the most cost-effective and tax-advantaged for your particular situation.  If you switch jobs, we’ll also advise you on whether it makes sense to Rollover, Stay, Move or Cash out from an employer-sponsored retirement savings plan  |   720-442-5056

Tysons, Virginia Office:

8609 Westwood Center Drive

Suite 110

Tysons Corner, VA 22182

Jackson, Wyoming Office:

P.O. Box 7915, Jackson, WY 83002

This website and its content are for informational and educational purposes only.  It is not intended to meet the objectives or suitability requirements of any specific individual or account, to provide tax, legal or accounting advice, and to be considered a solicitation for the purchase or sale of any security.  You should consult your own tax, legal and accounting advisors before engaging in any transaction.

Dreyfuss Wealth Management is a name under Certior Financial Group, LLC an SEC-registered investment advisor. Noah Dreyfuss is an investment advisor representative of Certior Financial Group LLC.  For more information on Noah Dreyfuss please go to  For more information on Certior Financial Group LLC please go to

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