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 You only pay taxes on contributions and earnings when the money is withdrawn.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. The combined result is a retirement savings plan you cannot afford to pass up.
Information and interactive calculators are made available to you as a tool for your own use and are not intended to provide investment or financial advice. Bryant Bank cannot and does not guarantee the calculator applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. As always, Bryant Bankers will gladly assist you regarding your personal finance issues.