Retirement Planning Services

With Washington Financial Bank Wealth Management Division, retirement plan investing is a way to help you pursue your long-term financial goals, whether you are running a business or taking care of your own personal needs. We offer access to a wide range of retirement plan investments for establishing a plan for your employees or for your personal retirement needs.*

Business Retirement Plans

Once your business is going, the next step is to build a retirement plan. Retirement plans can provide many benefits to your business for you and your employees. Setting one up doesn't have to be difficult.

Depending on the business retirement plan selected, contributions for you and your employees can be made by just the owner, just the employees, or by both. This gives both you and your employees an opportunity to accumulate the monies needed to fund the retirement years. Washington Financial Bank Wealth Management Division offers guidance in many different plans including:

  • SEP Plans
  • Simple IRAs Plans
  • Profit Sharing Plans
  • 401(k) Plans

Remember, contributions made to a plan, as well as some of the expenses associated with the plan, are tax-deductible expenses for your business and may not be subject to FICA taxes. This potential reduction in tax liability can be sizable. Also, contributions to business retirement plans enjoy tax-deferred growth.

A good retirement plan will help you attract and maintain a stable work force, which can be a big challenge to many businesses. Employees typically consider a retirement plan at work a key benefit, and this can be a major factor when they are considering employment offers.

Washington Financial Bank Wealth Management Division has the tools and resources to help your business benefit from a business retirement plan.

Personal Retirement Plans

With all the current talk about social security and long-term retirement, the time is right to start considering your plans for retirement. For many, tax efficient individual retirement accounts (IRAs) are smart strategies to this problem, especially with the new current tax laws.

Washington Financial Bank Wealth Management Division offers both Roth and traditional IRAs, and the experienced team can quickly help you select the right account for you. In most cases, we will have the plan setup within minutes.

*Securities and Advisory services offered through LPL Financial, a registered Investment Advisor. Member FINRA/SIPC. Insurance products offered through LPL Financial or its licensed affiliates. Washington Financial Bank is not a registered broker/dealer and is not affiliated with LPL Financial.

The LPL Financial Registered Representatives associated with this site may only discuss and/or transact securities business with residents of the following states: AZ, CA, CT, CO, DE, DC, FL, GA, HI, IA, IN, KS, KY, MD, MI, NC, NH, NJ, NM, NY, OH, PA, SC, TX, UT, VA and WV.

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SECURITY PRODUCTS ARE NOT FDIC INSURED — NOT A DEPOSIT — NOT BANK GUARANTEED — NOT INSURED BY ANY FEDERAL GOVERNMENT AGENCY — MAY LOSE VALUE