Wealth Management Retirement Services

You’ll stop working someday, but your money shouldn’t.

The day will come when you’ll trade a work schedule for an itinerary and a paycheck for renewed purpose. To ensure you’re ready to make the most of it, we take a full-service, you-first approach to retirement planning. We’ll help you find a variety of tax-advantaged plans to complement your retirement savings activities, so your money never stops working for you.
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Individual Retirement Solutions

Whether your employer offers you the option of contributing to a retirement plan at work, you may still want to pursue a supplementary plan to ensure that you are saving a sufficient amount to fund the type of retirement you envision. This is why we offer a full range of account structures.

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TRADITIONAL IRA

Wealth grows tax deferred for those who are under the age of 72 and are earning income. Contributions may be tax-deductible, and conversion from traditional to Roth IRA is permitted.

ROLLOVER IRA

Perfect for individuals who are retiring or changing jobs and will receive a lump sum distribution from a qualified retirement plan. Pretax balances are rolled directly into an IRA tax free. Individual contributions deposited to the IRA may be tax deductible.

ROTH IRA

Provides access to your original contribution without penalty if needed. Ongoing contributions grow tax deferred. Distributions are made tax free if the account is held for five years and additional requirements are met.

SEP IRA

Suitable for small to medium-sized businesses, self-employed individuals, partnerships and non-profit groups. A retirement plan option for employers who want to offer a tax-deferred retirement solution with discretionary contribution options.

SIMPLE IRA

Attractive to small businesses, self-employed individuals and qualified tax-exempt organizations with less than 101 employees. It offers a tax-deferred retirement matching program. Employer contributions are required but offer lower contribution caps.

Wealth management starts with knowledge

Headline Needed

Investment advisory and financial planning services may be offered through River Street Advisors, LLC, a wholly owned subsidiary of Old Second National Bank. River Street Advisors, LLC is a registered investment adviser and only transacts business in states where it is properly registered, or is excluded or exempted from registration requirements. All investment strategies have the potential for profit or loss. Different types of investments involve varying degrees of risk, and there can be no assurance that any specific investment or strategy will be suitable or profitable for a client's investment portfolio. There are no assurances that an investor's portfolio will match or exceed any particular benchmark.

Not insured by the FDIC nor any govt agency; Not a deposit or other obligation of, or guaranteed by, the depository financial institution; Subject to investment risks, including possible loss of principal amount invested.