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Explore our resources on retirement planning and Individual Retirement Account (IRA) management to discover market-tested strategies for helping secure your financial future.

Contact us today to learn more or to arrange a meeting with one of our associates.

Roth IRA

Roth IRA

Save now with a Roth IRA and enjoy tax-free money later. By saving for retirement with a Roth IRA, you can look forward to tax-free distributions, not being required to take money out, and a possible tax credit of up to $1,000.

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Charitable Contributions from IRAs

Charitable Contributions from IRAs

Did you know that, if you are at least 70½ years old, you can make tax-free charitable donations directly from your IRA? By making what's called a qualified charitable distribution (QCD), you can benefit your favorite charity while excluding up to $100,000 annually from gross income. These gifts, also known as "charitable IRA rollovers," would otherwise be taxable IRA distributions.

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Traditional and Roth IRA’s

Traditional and Roth IRA’s

Choose the way you save. There are two types of individual retirement arrangements (IRAs): Traditional and Roth. Though the eligibility requirements differ, often the decision of whether to contribute to a Traditional IRA or a Roth IRA depends on your income. Both offer flexibility, accessibility, and valuable tax benefits.

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Roth ConversionsInvestor Education Series

Roth Conversions
Investor Education Series

In this educational video on Roth IRA Conversions, Shaun Fagant, Shareholder Relations, breaks down this strategy that distributes pre-tax dollars (e.g., Traditional IRA, 401(k), 403(b)) into a Roth IRA for the potential for tax-free growth.

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Traditional IRA

Traditional IRA

Save money now when you save money for later. By using a Traditional IRA to save for your future, you may be able to save money today if you are eligible to deduct Traditional IRA contributions on your federal income tax return, or you qualify for a tax credit of up to $1,000.

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Investing for What Matters Most

Investing for What Matters Most

Are you building the wealth you’ll need for your desired retirement lifestyle? This video includes clear, actionable steps to help you gain financial confidence and invest for what’s ahead.

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IRA and Retirement Plan Distributions

IRA and Retirement Plan Distributions

Whether your retirement is close or still a ways off, you may be ready-or required-to put your savings to use. With a retirement plan, you must satisfy certain requirements before taking a distribution, but with an IRA, you can withdraw your IRA assets anytime (subject to possible tax and penalty).

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Just a Minute with Fenimore: “Fixed for Retirement”

Just a Minute with Fenimore: “Fixed for Retirement”

Discover: Fenimore’s goals for fixed income investing; what makes our research process distinctive; how we strive to mitigate risk; and how we partner with investors.  This video is part of the “Just A Minute with Fenimore” series.

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Transfers, Rollovers and Conversions

Transfers, Rollovers and Conversions

Your retirement savings accounts are portable: IRA-to-IRA, IRA-to-retirement plan, Retirement plan-to-IRA, Retirement plan-to-retirement plan.

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Saving for a Child’s College vs. Saving for Retirement

Saving for a Child’s College vs. Saving for Retirement

Kevin Smith, CFP®, Director of Fenimore’s Private Client Services, provides insights on this popular subject.

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Retirement Plans for your Business

Retirement Plans for your Business

Not all retirement plans are the same. All of today’s most popular employer-sponsored retirement plans—the SEP, SIMPLE IRA, profit sharing, 401(k), and Individual(k)—are designed to help you and your employees make the most of saving for retirement on the job. But each plan has different features and requirements. One type of plan may be a better fit over another for your particular business.

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Understanding IRA’s

Understanding IRA’s

An individual retirement account (IRA) is a personal savings plan that offers specific tax benefits. IRAs are one of the most powerful retirement savings tools available to you. Even if you’re contributing to a 401(k) or other plan at work, you might also consider investing in an IRA.

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What is a Roth Conversion?Investor Education Series

What is a Roth Conversion?
Investor Education Series

In this short educational video Shaun Fagant, Shareholder Relations, clearly defines a Roth IRA Conversion. If you would like more information about a Roth IRA Conversion, please watch our other video, “Roth Conversions” or contact us at 800.932.3271.

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New Opportunities for Retirement Savings

New Opportunities for Retirement Savings

On December 29, 2022, Congress passed legislation that created significant changes to the retirement landscape.

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Simplified Employee Pension Plans (SEPs)

Simplified Employee Pension Plans (SEPs)

A simplified employee pension (SEP) is a written plan that allows small-business owners to make retirement contributions to traditional IRAs (SEP-IRAs) set up for themselves and for each eligible employee. These contributions may be deducted from your business’s income and excluded from your employees’ income.

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IRA and Retirement Plan Limits for 2024

IRA and Retirement Plan Limits for 2024

Many IRA and retirement plan limits are indexed for inflation each year. While some of the limits remain unchanged for 2024, other key numbers have increased.

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Comparison of TraditionalIRA’s and Roth IRA’s

Comparison of Traditional
IRA’s and Roth IRA’s

Both Traditional and Roth IRAs feature tax-sheltered growth of earnings and give you a variety of investment choices. However, there are important differences between these two types of IRAs. You must understand these differences before you can choose the type of IRA that's best for you. Learn how Traditional and Roth IRAs compare and contrast.

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SPOUSAL INDIVIDUAL RETIREMENT ACCOUNT (IRA)

SPOUSAL INDIVIDUAL RETIREMENT ACCOUNT (IRA)

If you meet certain conditions, you can set up and contribute to an IRA (traditional or Roth) for your spouse, even if he or she receives little or no taxable compensation for the year of the contribution. Such an IRA is commonly referred to as a spousal IRA. A spousal IRA is not, however, a special type of IRA. It is merely a way of describing the fact that you are making a contribution to your spouse's traditional or Roth IRA.

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SEP, SIMPLE IRA, and Individual(K) Plans

SEP, SIMPLE IRA, and Individual(K) Plans

Make offering a retirement plan easy for you—and your employees. Reluctant to have a retirement plan because of the cost and complexity of typical employer-sponsored plans? SEP, SIMPLE IRA, and Individual(k) plans are different. They are easier to administer and less expensive to maintain.

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Is a Roth IRA Conversion Right for You?

Is a Roth IRA Conversion Right for You?

Concerned about future tax rates? You may want to consider converting your Traditional IRA to a Roth IRA. A Roth conversion is a permissible transaction that allows you to pay income taxes on some or all your retirement assets when you convert and benefit from taxfree withdrawals in the future.

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Why Choose Us for Your Retirement Needs?

Fenimore’s personal approach and investment management resources can help you achieve your financial goals.

  1. ACCESSIBILITY
  • Our team of investment professionals are accessible, available, and here to help you every step of the way. Enjoy local, personalized service — Albany & Cobleskill locations.
  • We help define your goals and objectives, creating a framework for long-term retirement planning.
  • Our financial retirement services cover everything from retirement income planning to investment management, to help ensure a secure and comfortable retirement.
  • We offer retirement planning for families to meet the unique needs of your household.
  1. HOW WE INVEST
  • We seek to invest in a select number of quality companies to protect and grow wealth over the long term. Quality, financially durable, well-run businesses can potentially provide downside protection and upside potential.
  1. EXPERIENCED TEAM
  • Our experienced team offers investment management and guidance to help you make the most of your IRA and retirement accounts regardless of where you are along the journey.
  • Fenimore’s in-house Investment Research and Investor Relations teams offer a wealth of industry experience and include several long-tenured associates.
  1. COMMITMENT TO CLIENT SERVICE
  • Fenimore’s team of associates is service oriented and committed to excellence.
  • Our team works alongside you, accessible and ready to help you achieve your financial goals. We are conscientious stewards of our investors’ capital and serve with integrity and transparency.

Ready to take control of your retirement finances? Let Fenimore be your guide for retirement planning. Contact us today to schedule a consultation with one of our experienced investment professionals and start planning for your future!

Changing Jobs? Retiring?

FAM Funds makes it easy to consolidate your retirement accounts

Please call 800.932.3271 to speak with an associate or follow the links below.