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What We Do

IDEX Financial Group specializes in six key areas: Investment Planning, Income Planning, Asset Protection, Tax Reduction, Long Term Care Planning, and Estate Planning. This journey begins with a free consultation, call today at (847) 592-7130 to start your journey on the financial path of prosperity.

Investment Planning

As retirees switch their focus from the accumulation phase of earning and saving for retirement to the preservation phase, where they are no longer working, they are looking to preserve what they’ve worked a lifetime to save. We specialize in showing retirees how to increase rates of return while also protecting their retirement assets against a market downturn.

Income Planning

One of the common pitfalls of retirees is not having a solid reliable income plan for retirement. It seems simple; take your monthly budget minus your income from your pension, social security and whatever you still need, withdrawal if from your retirement savings. This is not income planning, this is living in survival mode.

What do you do when your accounts are down? What do you do when you need more than what your investments are earning? Are you working only with qualified or IRA dollars, and how will these withdrawals affect your taxes? Which account should you access first for your income needs? What happens when social security is no longer available, do you have a “back-up plan?”

Don’t be fooled into thinking an income plan for retirement is a simple matter of addition and subtraction. Looking at the variables of inflation, taxes, investment choices and developing a solid reliable income plan for retirement is what IDEX Financial specializes in.

Asset Protection

As you know in the game of life, there are different scenarios that can happen at any time. Within a brief period, the nest egg you’ve worked so hard to save could be wiped out by a long term illness or even worse, market volatility.

IDEX Financial can help you select and refine the appropriate asset protection and asset diversification strategies that will protect your retirement savings.

Tax Management and Reduction

Everyone prepares their tax return each year and pays their “fair share” of taxes -- but are you truly looking at the whole picture? Without taking a step back and evaluating your investments and the tax consequences of them, you are missing out and paying more than your “fair share” of taxes.

  • Taxes to Beneficiaries - Many people find that when they retire, they do not need all their retirement assets. Rather than spend their retirement assets during their lifetime, IRA owners would prefer to see their beneficiaries benefit from their lifetime savings. Having a proper plan to address what you leave behind and the tax consequences of this inheritance, ensures your loved ones don’t pay more than their share of taxes.

  • Estate Taxes - Do you know what your tax bill will be to your loved ones? Inheritance tax, estate tax and death duty are the names given to various taxes which arise on the death of an individual. Estate tax taxes the personal representatives of the deceased, while an inheritance tax taxes the beneficiaries of the estate.

  • Capital Gain Taxes - Its not simply a matter of buying and selling investments based on performance but also ensuring your transactions are tax favorable when need be.

  • Social Security Taxes - Up to 85% of your Social Security retirement benefits may be taxable. Many retirees are not aware of this, nor do they know how to reduce or eliminate tax on social security. Ensuring your retirement specialist and your tax preparer work together is essential to providing your loved ones with a gift, rather than a tax bill.

Long-Term Care Planning

IDEX Financial can assist you and your family with long-term care planning. Perhaps you don't need long-term care today; but being prepared for a long-term illness now can alleviate stress and associated costs in the future, whether you purchase long-term care insurance or not.

Estate Planning

Procrastination is the leading cause of why retirees have not properly planned for retirement. Of the common pitfalls is not having the proper legal items in order: Wills, Living Wills, Powers of Attorney for Health and Power of Attorney for Assets. In some cases, a Trust is also essential to ensure the loved ones we leave behind, do not inherit a mess; rather a legacy.
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