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A 401(k) can be one of your best tools for creating a secure retirement. It provides you with two important advantages. First, all contributions and earnings to your 401(k) are tax-deferred. You only pay taxes on contributions and earnings when the money is
withdrawn. Second, many employers provide matching contributions to your 401(k)
account that can range
from 0% to 100% of your contributions. The combined result is a retirement savings plan you can not afford
to pass up.
*This Web site contains tools and calculators that are hypothetical in nature and used for illustrative purposes only.
This is a self-help tool. This information is provided for illustrative purposes to assist you regarding your financial needs. It is based on information and assumptions provided by you regarding your goals, expectations, and financial situation. The calculations do not infer that the company assumes any fiduciary duties. The calculations provided should not be construed as financial, legal, or tax advice. Your circumstances are unique, and you should consult with a financial, legal, or tax advisor as appropriate. In addition, such information should not be relied upon as the only source of information.