401(k)
How much do you contribute to your 401(k)? A
401(k) is an employer-sponsored retirement plan that allows
employees to contribute a set amount to their plan every paycheck.
This allows an employee to save for his/her retirement while
deferring taxes until the assets are withdrawn. 401(k) Professionals
can help you tailor your 401(k) to meet your individual retirement
needs.
Are you making the most of your 401(k)?
Contact our 401(k) Professionals at Cranberry Lake Financial to help you secure your
financial future!
A Participant-Directed 401(k) Allows Employees to
Select from Various Investment Options Including:
- Bonds
- Company Stock
- Money Market Investments
- Mutual Funds
- Stocks
401(k)'s are great retirement plans for a plethora of reasons.
For one, they are portable and capable of "rolling over" from
one company to another when you switch jobs. This allows you
to contribute your earnings in a continuous fashion without
withdrawals and taxes. Some plans also include specifics on
borrowing money from your account.
Many companies also offer a "matching" incentive
where the company will match a certain percentage of the earnings
contributed. For 2006, the maximum an employee can pay into
their 401(k) is $15,000 before taxes. For more specifics you
should contact a 401(k) Professional. They can help you make
plans for your retirement.
| Contact us Today! or Call Toll Free 1-866-497-8989 |
Let our Cranberry Lake Financial advisors help you plan
a safe and secure lifelong financial plan that meets all your needs!
Contact Cranberry Lake Financial for
answers to your financial questions!
We are available 24 hours a day / 7 days a week!
E-mail: susan.stepanski@CJTrainor.com
Phone: 1-866-497-8989
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