Michigan 401(k)

Will you be financially secure when you retire? Many Michigan retirees have utilized 401(k) plans to live out their retirements in financial comfort. Surrounded by miles of coastline and beautiful weather, Michigan offers a unique environment for retirement. 401(k) Planning Specialists can help plan your future retirement to your specific needs and expectations.

Need help with your retirement planning? Our Retirement Planning Professionals at Cranberry Lake Financial can help you plan your 401(k)!

Investment Options for 401(k)'s Include:

• Balanced Funds
• Company Stock
• Mutual Funds
• Stable Value Funds

The amount borrowed in a 401(k) loan can be up to 50% of what has been vested. The maximum dollar amount set by Federal Law is $50,000. The loan must then be paid back within 5 years of the withdrawal. A 401(k) Specialist can help you determine all the necessary details of any loan you receive from your retirement account.

Financial security is necessary now and will be even more important in your retirement future. Preparations must be made to secure your finances so that you have a steady source of income during retirement. The last thing you want is to be forced out of retirement to continue working for your income. Make the smart choice and contact a Professional regarding your 401(k) and your future!