What is a 401K and What is a IRA?
In the United States, a 401(k) plan is the tax-qualified, defined-contribution pension account defined in subsection 401(k) of the Internal Revenue Code.[1] Under the plan, retirement savings contributions are provided (and sometimes proportionately matched) by an employer, deducted from the employee’s paycheck before taxation (therefore tax-deferred until withdrawn after retirement or as otherwise permitted by applicable law), and limited to a maximum pre-tax annual contribution of $18,000 (as of 2015)The different parts of Medicare help cover specific services:
An individual retirement account (IRA) that allows individuals to direct pretax income, up to specific annual limits, toward investments that can grow tax-deferred (no capital gains or dividend income is taxed). Individual taxpayers are allowed to contribute 100% of compensation up to a specified maximum dollar amount to their Traditional IRA. Contributions to the Traditional IRA may be tax-deductible depending on the taxpayer’s income, tax-filing status and other factors.
Let’s Get Started
What our customers have to say.
Anne Ternes2023-08-31I would give more stars if allowed. Randy Hoffman helped us with so many things when we needed advice on how to proceed with Medicare and supplements. We needed extra help as we were bearing down on deadlines. Randy was there for us even though he was planning a vacation out of country. He called us and made sure we knew he was available to answer our questions. In the end we were able to beat the deadline and we have Randy and his office to thank. We’ll be forever grateful. We even received a follow up message several months later and we appreciated the caring gesture. Randy helped us through a very difficult situation. My husband and I are happy with our experience.
Kristin Giffin2023-05-31Randy always does a fabulous job doing what's best for the client. He's always great with checking into what insurance they have and will be honest about if they should stay with their current plan or do something else. I will ALWAYS send referrals his way!
Chance Eastlick2023-05-31Randy is the expert in the healthcare game and will help you navigate the ins and outs of the policy that will fit you the best
James McQueen2023-05-25ARG makes navigating health insurance a breeze. They follow a needs based approach and recommend what is best for you.
Eric Petre2023-05-25Jan with ARG was able to help my mother navigate the healthcare system. He did a great job explaining everything and getting her insurance needs taken care of. Thank you!
Nicholas Engle2023-05-23Making health insurance planning straight-forward, kudos to Randy and Jan at ARG!
Rod Frederking2023-05-16I have worked with ARG providing commercial health insurance for several of the companies I have been involved with over the years. As I approached the retirement phase of life for me. I discovered the government and healthcare industries have made this very difficult and confusing. Medicare, supplemental plans, prescription drug plans, etc. The staff a Advanced Retirement were not only diligent and thorough but very clean when it came to figuring out what would be best for my wife's circumstances as well as mine. While different, they needed to work together. This is a long term commitment, since situations and circumstances change from year to year, and that's where ARG excels and helps simplify the entire process. I can't stress the importance of getting the experts involved to assure you get what you need.The most important point I want to make is their service. It doesn't mater what your questions are from understanding the "plan", billing and claim errors, changes in prescriptions and the list goes on. I always recommend ARG for any insurance needs.
Randy Baumgartner2023-05-10My wife and I met Randy Hoffman at Advanced Retirement Group several years ago through our financial advisors suggestion. Randy has guided us through what at times, can be a confusing maze of health insurance products. With his help, we were able to make sound health insurance decisions, and are truly grateful to him and Advanced Retirement Group. We have shared our positive experiences with several friends, and they as well are pleased with Advanced Retirement Group! Do yourself a favor and contact Advanced Retirement Group for your health insurance needs.
Dan Morris2023-04-24After experiencing a repetitive and frustrating problem with my daughter's health insurance carrier, we called Randy and his team at ARG. They removed our burden of having to deal with the issue yet again and it was resolved the next day. Great service!