The US government encourages savings and offers tax break incentives to help you save for your retirement while you are young and capable. There are numerous investment options such as retirement plans, pension plans, and of course the stock market. It is incredibly important to choose a plan that best suits your needs because it is your money and future at risk.
There are plans that allow $2,000 annual contributions and there are plans that allow $150,000 in tax- deductible contributions. There are plans that allow you to take loans against your retirement savings and there are plans that do not. Then again, there are many investment options available to park these funds.
Do you know where and how to invest in retirement funds, who is monitoring your pension funds, and what can you do to prevent sudden loss of value in case of a market crash?
We are here to help you understand these options and to guide you through the maze of investments so that you can sit back and enjoy your golden years.
Spring forward, fall back!