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Retirement Planning

Traditional IRA

An IRA is an Individual Retirement Account and is a form of a retirement plan. Opening an IRA may be the right choice for your future — it provides many benefits, such as tax advantages, depending on the type of IRA that you choose.  Wessagussett Financial can assist you in selecting the most appropriate type of IRA for you, based on your goals and financial situation.*

  • Choose from the available options to best suit your needs
  • Can be opened at any time
  • Receive tax advantages on contributions

Roth IRA

The Roth IRA is also an Individual Retirement Account, but it is different from a Traditional IRA because the tax break is on the money withdrawn from the plan during retirement instead of a tax break being granted for money placed into the plan. Which is right for you? Let Wessagussett Financial help you determine the right plan.

  • Can be opened at any time
  • No federal income tax on qualifying withdrawals
  • No age limit on contributions


A Simplified Employee Pension Individual Retirement Arrangement (SEP IRA) allows business owners to make tax deductible contributions on behalf of themselves and their employees.

401K Rollover

Starting a new job and don’t want to leave anything behind? Consider rolling over your 401(k) into an IRA with Wessagussett Financial. It could offer you a simplified approach to managing your retirement plan and your future.

  • No tax penalties when you move your funds
  • Ideal if you are changing jobs
  • Certain withdrawals may be allowed

Retirement Income Planning

You’ve worked hard to save and plan for your retirement. Once you retire, you need to determine the best way to allocate your assets in order to generate the income you need. There are several investment options that Wessagussett Financial can assist you with in your planning.

  • Design an investment portfolio
  • A strategy that fits your needs

Fixed Annuities

You can think of an annuity as a tax-advantaged method of retirement planning that may also offer a death benefit. Annuities can offer a fixed rate of return or allow for market potential through equity based investments. One of their strongest features is that they can provide an income that you cannot outlive.

Education Planning

When it comes to saving for your child’s education, no effort is too small or too great. Post-high-school expenses rise each year, and without the proper planning, you may find your family in a situation you had hoped to avoid. Wessagussett Financial has options for you, and we are here to explore the opportunity that is best for you.*

529 Plans

If you are looking for a college savings plan that you control and that has a low minimum initial contribution and high-contribution limits, then a 529 Savings Plan may be right for you. Discover your options by meeting with a Wessagussett financial advisor.*

  • Minimum initial investment based on the plan you choose
  • Opportunity to set up multiple plans
  • Not limited to your state’s plan

Coverdell Education Savings

Saving for college can be a daunting task. Fortunately for you, Wessagussett Financial has several ways to help you accomplish this savings goal and the Coverdell Education Savings Account could be the right way for you.*

  • Can be used for costs associated with elementary or high school education
  • Simple and easy way to save
  • Large yearly deposits are not required

Estate Planning

  • Life Insurance
  • Long Term Care Insurance

Website Access to BrokerCheck

  • *Important Notice:
  • Investment and insurance products and services are offered through INFINEX INVESTMENTS, INC. Member FINRA / Member SIPC. Wessagussett Financial is a trade name of the bank. Infinex and the bank are not affiliated. Products and services made available through Infinex are not insured by the FDIC or any other agency of the United States and are not deposits or obligations of nor guaranteed or insured by any bank or bank affiliate. These products are subject to investment risk, including the possible loss of value.