Home Page
Annuities
Annuities
Annuities
Annuities
Tax Free Retirement Plans
Tax Free Retirement Plans
Tax Free Retirement Plans
Tax Free Retirement Plans
Social Security Benefits
Social Security Benefits
Social Security Benefits
Social Security Benefits
Lifetime Income
Lifetime Income
Lifetime Income
Lifetime Income
Life Insurance
Life Insurance
Life Insurance
Life Insurance
Header
Annuities Tax Free Retirement Social Security Benefits Lifetime Income Life Insurance

We've all heard the warnings and are well aware that we should save more for retirement. And as a new year approaches, it’s a good time to resolve to take concrete steps to do just that.

Uncle Sam wants you to save for retirement so much that the federal government has created a number of tax-advantaged retirement accounts, including popular choices such as the 401(k) and individual retirement account. 

For most people, especially young people, the best place to start is with the 401(k) program at work. This is a particularly enticing option if your employer matches a portion of your contribution. That’s essentially free money. 

“If you’re working at a company that offers a 401(k) and they match contributions, you should really save in that plan,” says Wei-Yin Hu, vice president of financial research at Financial Engines, an independent investment advisory firm in Sunnyvale, California. “It’s a great way to get a really good head start on building your retirement savings.”

If you’re self-employed, you have even more options, some of which allow significant tax savings. Exactly which option, or combination of options, is best depends on your personal financial situation. “There’s a category of people who are self-employed or own their own businesses and have more complicated choices to make,” Hu says.

Read more by clicking here.

Share |


No Comments


Post a Comment
Name
Required
E-Mail
Required (Not Displayed)
Comment
Required


All comments are moderated and stripped of HTML.
Submission Validation
Required
CAPTCHA
Change the CAPTCHA codeSpeak the CAPTCHA code
 
Enter the Validation Code from above.
NOTICE: This blog and website are made available by the publisher for educational and informational purposes only. It is not be used as a substitute for competent insurance, legal, or tax advice from a licensed professional in your state. By using this blog site you understand that there is no broker client relationship between you and the blog and website publisher.
Blog Archive


View Mobile Version
Home Page About Us Get A Quote Contact Us Life Insurance Insurance Website Builder