Everything You Always Wanted to Know about 401(K)
What are you waiting for? Invest today!
Sure, you’ve heard it before: Don’t leave for tomorrow what you can do today! Especially when it comes to saving for retirement! Whether retirement is four years away or forty, it’s important to plan a financial strategy now to help you work towards your retirement objectives. Here are a few reasons why you shouldn’t wait to get started.
It’s Simple to Enroll.
A local representative can help you with the enrollment process. Call us to set up an appointment.
You could choose the amount or percent of pay you would like to contribute, and you can change
or stop later.
Your contributions can be set up to be automatically deducted from your pay.
Contributions are deducted before federal income taxes. You won’t pay federal income taxes right away, and your money has more time to compound. You’ll pay tax on the money when it is paid to you at a later date; that’s usually at retirement when you may be in a lower income tax bracket (Distributions will be taxed as ordinary income when distributed and will be subject to an IRS 10% premature distribution penalty tax if taken prior to age 59ó, unless an exception applies.)
Account Consolidation Team: (866) 865-2660