Choosing the right account is a crucial step.
There are many Janus Henderson account types to meet your investment goals. If you already have an account directly with Janus Henderson, you can add to your existing account, open a new account or transfer assets from other financial institutions at any time.
Retirement (Tax-Deferred Growth)
| Account Type | Description | Actions |
|---|---|---|
| Traditional IRA | Establish a Traditional Individual Retirement Account (IRA), which allows you to make investments that grow tax-deferred until you remove money from your account. Depending on your income, contributions to a Traditional IRA may be tax-deductible. | |
| Roth IRA | Retirement assets grow tax-deferred and qualified withdrawals are tax-free in a Roth IRA. Some investors can receive greater tax savings and more distribution flexibility with a Roth IRA than with a Traditional IRA. | |
| 403(b)(7) Account | A 403(b)(7) plan is a tax-deferred retirement plan often available to employees of public schools or non-profit organizations. Janus Henderson no longer accepts salary reduction contributions, rollover contributions or transfers of assets into 403(b) plan accounts. | |
| SEP-IRA | A SEP-IRA is designed for small business owners, self-employed individuals, and their employees where participants can invest for retirement on a tax-deferred basis. | |
| SARSEP-IRA | A Salary Reduction SEP-IRA is a tax-deferred retirement plan provided by small businesses with fewer than 25 employees. Pre-tax contributions come from salary reductions and grow tax-deferred with investment earnings until distribution. | |
| Defined Contribution Plan Account | Defined Contribution Plans are employer-sponsored retirement plans. Employers can contribute based on a percentage of the employee's compensation. | |
| Inherited IRA | An inherited IRA is an individual retirement account for beneficiaries of IRAs and other types of retirement plans. While beneficiaries are taking distributions, the account continues to grow tax-deferred until all assets have been distributed. |
Children and Education
| Account Type | Description | Actions |
|---|---|---|
| Coverdell Education Savings Account | A Coverdell Education Savings Account is a custodial account in which the child owns the money and a parent or legal guardian manages the account. Earnings grow tax-deferred and are distributed tax-free when used to pay the child’s education expenses. | |
| Custodial (UGMA/UTMA) Account | A custodial account is a taxable account and funds invested are considered an irrevocable gift to a minor. An adult will manage the money, but the minor owns it. Withdrawals must be used for the benefit of the child, who takes control of the assets in adulthood. |
Taxable (Non-Retirement)
| Account Type | Description | Actions |
|---|---|---|
| Individual Account | Establish a regular account at Janus Henderson as an individual investor acting in your own capacity. Growth, earnings, and withdrawals are taxable during the year that they are received. | |
| Joint Account | Establish a regular account at Janus Henderson as a joint tenant with rights of survivorship. Growth, earnings, and withdrawals are taxable during the year that they are received. | |
| Trust / Estate Account | Establish a new trust or estate account at Janus Henderson. Trust accounts avoid the need for probating the account upon the death of the grantor and can convey tax benefits associated with the transfer of the property. |
Business
| Account Type | Description | Actions |
|---|---|---|
| Corporate Account | Establish a corporate, sole proprietor, investment club or association account at Janus Henderson. This type of account is also available for incorporated or unincorporated religious organizations and non-profits. |
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Contact a Janus Henderson Representative
Our Janus Henderson Representatives will answer your questions and assist you through the movement of assets process. We are available at 800.525.3713 weekdays 9 a.m. to 6 p.m. EST.