Whether you’re an individual investor looking at your future needs, maximizing your employer sponsored retirement plan or a employer exploring the best options for your organization’s Retirement Plan Program, Utopia Funds can help.
Individual Investors:
Planning and preparing for retirement can sometimes be an overwhelming task. There’s so much to consider…your dreams, hopes, current financial picture and the tools available to make it all happen. That’s where Utopia Funds can help.
An Individual Retirement Account, or IRA, can be one of most powerful tools to putting your good intentions into action.
IRAs, SEP-IRAs and Coverdell Education Savings Accounts allow you to invest money in accounts that grow tax-deferred or tax-free. Depending on what type of account you open, IRAs offer you several benefits as an investor, including deductible contributions, deferral of taxes on account earnings, and tax-free withdrawals.
With Utopia Funds Systematic Investment Plan you can automatically set aside money each month directly from your checking or savings accounts. Low minimums and four individual funds to choose from means that regardless of your age - 20 or 50, there is an investment strategy to meet match your cash flow and your investment needs.
You can also transfer your retirement account(s) from another financial institution to a Utopia Funds account or start a Utopia Funds IRA or Coverdell Education Savings Account today. Retirement assets that follow the proper rollover procedures from one financial institution to another retain their tax-deferred status.
Discover the power of your good intentions for retirement.
Utopia Funds IRA Applications & Transfer Form (PDF): Click here to open a new account or convert your Traditional IRA to a Roth IRA or call 1.888.886.7423 and an Investor Representative can answer assist you. Also available in PDF format:
Disclosure & Application Documents
Utopia Funds Prospectus
Employee Sponsored Retirement Plans
If your company offers a 401(k) plan, it’s a great opportunity to invest for retirement. You receive the benefit of your 401(k) contributions being taken directly from your paycheck pre-tax, lowering your taxable income. Also, your earnings on your 401(k) account are tax-deferred which means you do not pay income taxes on those earnings until you begin withdrawals on the account, usually at retirement. At that time, your income tax bracket may be lower than while you were contributing.
There is usually a maximum amount can be contributed through your Employer Sponsored Retirement Plan each year. As defined by your company, it is either a percentage of your income or a set dollar amount, whichever is higher. However, many your company may give you an extra incentive, sometimes matching a portion of your contributions annually. And that’s free money for you and your retirement investment.
If you are interested in having Utopia Funds available for your 401(k) plan, contact your Human Resources administrator and request that Utopia Funds be added.
If you’re a Plan Administrator and have questions or are interested in including Utopia Funds for your employees, call Paul Sutherland at 1.800.632.5528.
