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May 24th, 2020

Take advantage of 401k plan.

If your employer offers a 401k plan, there are numerous reasons you should participate if you can. First, your employer may match a portion of your contribution. Second, you’ll lower your taxable income by the amount you contribute, plus the interest earned is tax deferred. Third, it’s one of the easiest ways you can have a disciplined savings program that is automatically deducted from your paycheck.

To learn more about investment options that fit your situation, contact your dedicated Cornerstone Financial Investments & Insurance consultant, Mick Anderson a CERTIFIED FINANCIAL PLANNER with nearly 25 years of experience in helping clients meet their financial objectives.

Category: Financial Planning

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