Florida 401(k)

Have you invested towards your future? Florida is home to the most retirees in the nation. The sandy beaches and lush palm trees provide for a relaxing place to spend your retirement. The best way to achieve this paradise retirement is by investing in a 401(k).

Click here for a Retirement Professional at Cranberry Lake Financial to help you secure your 401(k)!

To Be Eligible for a 401(k) You Must:

• Be an eligible employee
• Be over age 21
• Have worked for a specified length of time

Your employer has the option of including loans in your 401(k). Locate your company's Summary Plan Description (SPD) to see the specifics of 401(k) loans. To take out a loan from your 401(k) it must be for educational expenses, eviction prevention, first-time residence purchase, or un-reimbursed medical expenses. All loans, except those for a first-time residence purchase, must be repaid within 5 years.

Retirement investment is an integral part of financial planning, especially in Florida. A 401(k) is the perfect avenue for you to plan your retirement. Too many employees neglect to save enough to properly sustain themselves through their latter years. 401(k) Specialists can help you tailor your savings and benefit plans to suit all your future retirement needs.