Financial Planning - Investment Vehicles

TMAIT’s goal is to ensure that you have the planning you need to secure the financial future of your family and your medical practice. TMAIT has established relationships with experienced financial planners and advisors to serve TMA members. To that end, TMAIT-preferred financial planning advisors can help you plan your finances using any of the following investment vehicles:

Professional Asset Management
Whether you prefer mutual funds or individual securities, your TMAIT-preferred financial advisor can create customized individual portfolio solutions for you. We work with you to identify an appropriate asset allocation, access the world’s leading asset managers, and monitor and report the investment results on a regular basis.

Annuities
An annuity is a regular periodic payment made by an insurance company to a policyholder for a specified period of time. Payments can be made into a fixed, index, or variable account.

Individual Retirement Accounts
A traditional or nondeductible individual retirement account (IRA) allows after-tax contributions to grow in a tax-deferred manner. A Roth IRA allows taxpayers to save for retirement while allowing the savings to grow tax-free. Contributions to a Roth IRA are made with after-tax dollars. Roth IRA withdrawals, subject to certain rules, are not taxed at all.

Educational Savings Account
In 2002, the Coverdell Education Savings Account (ESA) became a very attractive college savings vehicle for many people, including families that wish to save for elementary and secondary school expenses. Individuals who prefer the 529 College Savings Plan may still decide to contribute the first $2,000 of savings for each child into a Coverdell ESA.

529 College Savings Plan
This plan offers families and individuals numerous benefits and may be advantageous for anyone who is likely to face college tuition costs. An account can be established by a parent, grandparent, or any relative or friend who wants to contribute to a beneficiary's future higher education costs. The investment grows tax-free, and withdrawals of funds to pay for qualified college expenses are free from federal income tax.

Company Retirement Plan

TMAIT financial advisors can analyze, recommend, and assist in the investing of a company-sponsored retirement plan. Such a plan helps ensure that your practice retains quality employees, and can be used to save money for your own retirement.

Securities offered through Resource Horizons Group, L.L.C. Member NASD, SIPC, MSRB 1350 Church St., Ext NE, Third Floor, Marietta, Georgia, 30060; (770) 319-1970.