Are you able to contribute to a group retirement plan? This is a fantastic opportunity to invest in your retirement and ensure financial security for your future. Discover the benefits of your group retirement plan:
- Choose automatic payroll deductions: You can’t miss what you didn’t have. This is an easy and consistent way to save.
- Get instant tax savings: Payroll contributions are deducted from your gross income, which means the amount of taxes you pay goes down.
- Take advantage of employer contributions: Your employer may offer a matching program, which will make your savings grow even more! As long as you contribute then your employer will do the same.
- Diversify your investment portfolio: You can choose from a number of different investment options selected by financial experts.
- Take advantage of low management fees: This is one of the main advantages of a group retirement savings plan—more people equals lower management fees. There’s power in numbers!