Workplace Retirement Plan
Saving through a workplace retirement
plan is an important step in your retirement readiness.
If available, take advantage of the company match provided by your employer – aka free money!
We recommend saving at least 12-15% of your income as a combination of employee and employer contributions. Once this amount reaches 15%, consider contributing up to the IRS maximum allowed amount.
Evaluating whether to make Roth and/or pretax contributions is an important part of your tax planning.
GOAL
Improve your retirement readiness by maximizing your workplace retirement plan.
CHECKPOINTS
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Company match
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Target 12-15% savings
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Roth vs. pre-tax
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Maximize IRS contribution limits
Workplace Retirement Plan Resources
Financial Calculators
Information and interactive calculators are made available to you as self-help tools for your independent use and are not intended to provide investment advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
