401K


	*Preparing for your* future...**

401(k)

Now is the time...

Maybe you plan to retire 40, 20 or 5 years from now. It's never too early, or too late, to plan for your retirement. Retirement is one of the most significant events in your life. As an employee, preparing for your retirement future is a privilege you have. We want to help you plan for your family's long term future.

If you do not currently belong to your company's retirement plan, now is the time to consider joining your company's retirement plan. Why? Because you can't afford not to!

The difference between a costly retirement and an enjoyable one, could simply be doing a little planning now. If you don't plan for "life after work," you may not end up with the luxury retirement you had hoped for.

Still not in the company plan... Do any of the reasons below sound familiar!

Investing is confusing...
No one needs to be an expert, just an understanding of a few fundamentals. The most important fundamental of any 401(k) plan is to begin your participation now. If you need assistance selecting your investments, you may want to try one of the links that provide more explanation or one of the worksheets that help you to begin to determine the right moves to make today.

In these markets I may lose money...
The thought of losing money is a risk that is difficult and understandable. However, not investing your money may be a bigger risk, because your money is not given the chance to grow. Your company's plan offers a wide range of investment opportunities with different risk and return characteristics - from more conservative choices to more aggressive, growth-type investments.

Worksheets and Advice

Asset Allocation

Retirement Planner

Retirement Income Calculator

401(k) Savings

401(k) Spend It or Save It

Retirement Shortfall

Don't Delay your Savings

Social Security

Can't afford it...
Don't underestimate what a little bit of money can do over time. Consider the amount you may spend for a can of pop each day, contributing even this amount to your plan on a regular basis can total up over time. Even better, when you participate in the plan, your company may help build your savings by making a matching contribution to your account.

Waited too long...
Consider how fast money can grow. If you start now, you will be that much further ahead.

Cannot get at my money...
401(k) plans are structured for retirement savings. However, some plans have a feature that make it possible get a loan from your account when you need to. Hardship withdrawals in cases of financial need may also be available. Remember, you are saving for retirement and borrowing from your 401(k) has an effect to the compounded amount.

I may change jobs...
Not a problem, several people change jobs during their working career. Your vested balance is yours to take with you if you leave the company. If you do leave and you take the balance with you, you may want to roll over the eligible account balance to an IRA or into your new employer's plan. This would allow you to keep the tax deferred status of the funds.

No more excuses...get started now!

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Preparing for your future...