Investing in a 401(k) plan is simpler than balancing a checkbook,
more convenient than saving at a bank, and easier than investing through a brokerage.
Best of all, when you retire, it should pay more than you'll get from Social
Security.
Your 401(k) plan will also provide you a very straightforward
way to save on taxes. Uncle Sam will take a smaller bite out of
your paycheck, allowing you to invest your money and make it grow tax-deferred.
Your money will go further with a 401(k) plan than it would with
any other investment plan.
As a 401(k) investor, you'll get the advantages of
professional investment management and a range of attractive investment
options. This plan will give you more power to make your money grow than you've ever had before.
So congratulations are in order. You've taken a crucial
step toward a brighter financial future.
The information provided here is intended to help you understand the general issue and does not constitute any tax, investment or legal advice. Consult your financial, tax or legal advisor regarding your own unique situation and your company's benefits representative for rules specific to your plan.