{"id":1978,"date":"2025-07-19T12:03:18","date_gmt":"2025-07-19T12:03:18","guid":{"rendered":"https:\/\/firearmupgrades.com\/?p=1978"},"modified":"2025-07-19T12:03:18","modified_gmt":"2025-07-19T12:03:18","slug":"where-should-i-place-my-ira-after-retiring-to-ensure-sustainable-investing","status":"publish","type":"post","link":"https:\/\/firearmupgrades.com\/?p=1978","title":{"rendered":"Where should I place my IRA after retiring to ensure sustainable investing?"},"content":{"rendered":"


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WBEZ and the Chicago Sun-Times are gathering your questions about all things money and finances. Then, each week, we bring you answers from the people who know best.<\/p>\n

Sheri in Skokie asked about moving money out of a 403(b) plan, a tax-deferred retirement savings plan often for employees at nonprofits or government entities. <\/p>\n

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\u201cI\u2019m recently retired and want to move my money out of my 403(b) because they don\u2019t offer many sustainable options for investing. What\u2019s your advice on where to place my IRA, with great options for sustainability without many\/any fees?\u201d<\/p>\n<\/blockquote><\/div>\n<\/p><\/div>\n<\/div>\n

Timeline is key<\/h3>\n

John Campbell, chief wealth strategist and head of wealth planning and trust services at Calamos Wealth Management, said there are limited options with sustainable investments, which focuses on companies that have a positive environmental and social impact.<\/p>\n

\u201cThese options are going to be curtailed even more so in light of the most recent tax policy changes, where a lot of the tax credits and tax breaks associated with sustainable investments as well as other types of impact investments may be curtailed a little bit,\u201d he said.<\/p>\n

While you may want to look at investments that align with your values, it\u2019s also important to make sure they can help you achieve your financial goals and give you flexibility. <\/p>\n

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John Campbell, chief wealth strategist and head of wealth planning and trust services at Calamos Wealth Management<\/p>\n<\/figcaption><\/p>\n

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Courtesy of Calamos Wealth Management<\/p>\n<\/div>\n<\/div>\n<\/figure><\/div>\n<\/p><\/div>\n

\u201cWhen you look at sustainable investments, they tend to benefit individuals who have a three- to seven-year time horizon and especially those with a seven-plus time horizon,\u201d Campbell said. That\u2019s because those investments generate better income for you after at least three years. <\/p>\n

\u201cIf you\u2019re into retirement, it\u2019s important to make sure you provide for yourself and set funds aside and manage it accordingly to provide the cash flow that you need for that one- to three-year period, and sustainable investments are usually not recommended for that,\u201d he said.<\/p>\n

Things to ask yourself when considering sustainable investments: <\/p>\n