#
401k
Share Topic
Report Content
Interested in this topic? Be the first to follow.
Ask a question
Sort by:
Scott Silvers
Bullet point
Follow
over 6 months ago

One of the things that I regret is not investing in my future throughout the years with a 401K savings program. Whenever it got brought up I would say, “I won’t live to be that old so I’m not worried about retirement.” Quite an ignorant response since I’m still breathing.

The best advice I can give is to take advantage of the 401K your employer offers. You won’t regret it.

One of the most significant advantages of a 401(k) savings account lies in its tax benefits. When you contribute to your 401(k), the money is deducted from your pre-tax income, lowering your taxable income for the current year. This immediate tax reduction can provide you with significant savings at tax time, allowing you to keep more of your hard-earned money.

Many employers offer a 401(k) matching program, which can be an incredibly powerful incentive to participate in the plan. Typically, an employer will match a percentage of the employee's contributions, up to a certain limit. This "free money" can substantially boost your retirement savings without any additional effort on your part. Not taking advantage of employer matching is akin to leaving money on the table, so it's essential to maximize this benefit if it's available.

A 401(k) offers a convenient and straightforward method of saving and investing for retirement. Contributions are deducted automatically from your paycheck before you even have the chance to spend the money elsewhere. This enforced discipline ensures that you consistently build your retirement fund over time. Moreover, many plans offer a range of investment options, allowing you to choose an allocation that aligns with your risk tolerance and financial goals.

Time is a powerful ally when it comes to growing wealth through investments. By starting early and contributing regularly to your 401(k), you allow your money to benefit from the magic of compound interest. The earnings from your investments are reinvested, generating even more returns. Over the long term, the compounding effect can substantially amplify the growth of your retirement savings.

In an era where pensions are becoming rarer and Social Security may not be enough to maintain your desired lifestyle in retirement, a 401(k) provides a sense of financial security. Building a robust retirement fund allows you to maintain your standard of living and enjoy the fruits of your labor during your golden years, without being overly dependent on external factors. #invest #future #prosper #401k

4
2 Comments
Like
Comment
Share
Scott Silvers
Bullet point
Follow
over 6 months ago

One of the things that I regret is not investing in my future throughout the years with a 401K savings program. Whenever it got brought up I would say, “I won’t live to be that old so I’m not worried about retirement.” Quite an ignorant response since I’m still breathing.

The best advice I can give is to take advantage of the 401K your employer offers. You won’t regret it.

One of the most significant advantages of a 401(k) savings account lies in its tax benefits. When you contribute to your 401(k), the money is deducted from your pre-tax income, lowering your taxable income for the current year. This immediate tax reduction can provide you with significant savings at tax time, allowing you to keep more of your hard-earned money.

Many employers offer a 401(k) matching program, which can be an incredibly powerful incentive to participate in the plan. Typically, an employer will match a percentage of the employee's contributions, up to a certain limit. This "free money" can substantially boost your retirement savings without any additional effort on your part. Not taking advantage of employer matching is akin to leaving money on the table, so it's essential to maximize this benefit if it's available.

A 401(k) offers a convenient and straightforward method of saving and investing for retirement. Contributions are deducted automatically from your paycheck before you even have the chance to spend the money elsewhere. This enforced discipline ensures that you consistently build your retirement fund over time. Moreover, many plans offer a range of investment options, allowing you to choose an allocation that aligns with your risk tolerance and financial goals.

Time is a powerful ally when it comes to growing wealth through investments. By starting early and contributing regularly to your 401(k), you allow your money to benefit from the magic of compound interest. The earnings from your investments are reinvested, generating even more returns. Over the long term, the compounding effect can substantially amplify the growth of your retirement savings.

In an era where pensions are becoming rarer and Social Security may not be enough to maintain your desired lifestyle in retirement, a 401(k) provides a sense of financial security. Building a robust retirement fund allows you to maintain your standard of living and enjoy the fruits of your labor during your golden years, without being overly dependent on external factors. #invest #future #prosper #401k

5
21 Comments
Like
Comment
Share
Hidden
Mauricha Smith
Bullet point
Follow
over 6 months ago

Security Finance is #hiring NOW! Our Waukesha, WI location has an urgent need to hire Customer Service Representatives. You’re the first face customers see and the most important memory, because you’ll be the one who helps them, over the phone and in-person when they have a financial need. No prior finance experience required – just bring your customer centric attitude and we’ll teach you’re the rest! https://security-finance.wistia.com/medias/le1a0jcmy0 We offer an award winning benefits package that includes great health insurance for employees, paid time off, 401k with company match, profit sharing and much more! To apply click on the link https://www.securityfinance.com/careers/ or you may contact me directly at Mauricha.Smith@security-finance.com 1-806-670-9731 #jobs #hiring #waukesha #401k #benefits #careers #bonus #training

Like
Comment
Share
Mauricha Smith
Bullet point
Follow
over 6 months ago

Security Finance is #hiring NOW! Our Green Bay, WI location has an urgent need to hire Customer Service Representatives. You’re the first face customers see and the most important memory, because you’ll be the one who helps them, over the phone and in-person when they have a financial need. No prior finance experience required – just bring your customer centric attitude and we’ll teach you’re the rest! We offer an award winning benefits package that includes FREE health insurance for employees, paid time off, 401k with company match, profit sharing and much more! To apply click on the link https://www.securityfinance.com/careers/ or you may contact me directly at Mauricha.Smith@security-finance.com 1-806-670-9731 https://security-finance.wistia.com/medias/le1a0jcmy0 #jobs #hiring #greenbay #401k #benefits #careers #bonus #training

Like
Comment
Share
Mauricha Smith
Bullet point
Follow
over 6 months ago

Security Finance is #hiring NOW! All our Kansas City, MO area locations have an urgent need to hire Customer Service Representatives You’re the first face customers see and the most important memory, because you’ll be the one who helps them, over the phone and in-person when they have a financial need. No prior finance experience required – just bring your customer centric attitude and we’ll teach you’re the rest! We offer an award winning benefits package that includes FREE health insurance for employees, paid time off, 401k with company match, profit sharing and much more! To apply click on the link https://www.securityfinance.com/careers/ or you may contact me directly at Mauricha.Smith@security-finance.com 1-806-670-9731 https://security-finance.wistia.com/medias/le1a0jcmy0 #jobs #hiring #kansascity #401k #benefits #careers #bonus #training

2
Like
Comment
Share
Mauricha Smith
Bullet point
Follow
over 6 months ago

Why wait for a new year to start a new career? Security Finance is #hiring NOW! All our Bolivar, MO locations have an urgent need to hire Customer Service Representatives You’re the first face customers see and the most important memory, because you’ll be the one who helps them, over the phone and in-person when they have a financial need. No prior finance experience required – just bring your customer centric attitude and we’ll teach you’re the rest! We offer an award winning benefits package that includes FREE health insurance for employees, paid time off, 401k with company match, profit sharing and much more! To apply click on the link https://www.securityfinance.com/careers/ or you may contact me directly at Mauricha.Smith@security-finance.com 1-806-670-9731 https://security-finance.wistia.com/medias/le1a0jcmy0 #jobs #hiring #bolivar #401k #benefits #careers #bonus #training

1
Like
Comment
Share
Mauricha Smith
Bullet point
Follow
over 6 months ago

Why wait for a new year to start a new career? Security Finance is #hiring NOW! Our Gallatin, TN location has an urgent need to hire a Branch Manager. Do you go above & beyond to motivate a team to achieve goals? Are you ready to share the joy of assisting customers as a hands-on leader of an enthusiastic team? Come begin your story as a Branch Manager! We offer an award winning benefits package that includes FREE health insurance for employees, paid time off, 401k with company match, profit sharing and much more! To apply click on the link https://www.securityfinance.com/careers/ or you may contact me directly at Mauricha.Smith@security-finance.com 1-806-670-9731 #jobs #hiring #gallatin #401k #benefits #careers #bonus #training

5
Like
Comment
Share
Mauricha Smith
Bullet point
Follow
over 6 months ago

Why wait for a new year to start a new career? Security Finance is #hiring NOW! All our Kansas City, MO locations have an urgent need to hire Customer Service Representatives You’re the first face customers see and the most important memory, because you’ll be the one who helps them, over the phone and in-person when they have a financial need. No prior finance experience required – just bring your customer centric attitude and we’ll teach you’re the rest! We offer an award winning benefits package that includes FREE health insurance for employees, paid time off, 401k with company match, profit sharing and much more! To apply click on the link https://www.securityfinance.com/careers/ or you may contact me directly at Mauricha.Smith@security-finance.com 1-806-670-9731 https://security-finance.wistia.com/medias/le1a0jcmy0 #jobs #hiring #kansascity #401k #benefits #careers #bonus #training

Like
Comment
Share
Mauricha Smith
Bullet point
Follow
over 6 months ago

Why wait for a new year to start a new career? Security Finance is #hiring NOW! Our Neenah, WI location has an urgent need to hire Customer Service Representatives You’re the first face customers see and the most important memory, because you’ll be the one who helps them, over the phone and in-person when they have a financial need. No prior finance experience required – just bring your customer centric attitude and we’ll teach you’re the rest! We offer an award winning benefits package that includes FREE health insurance for employees, paid time off, 401k with company match, profit sharing and much more! To apply click on the link https://www.securityfinance.com/careers/ or you may contact me directly at Mauricha.Smith@security-finance.com 1-806-670-9731 https://security-finance.wistia.com/medias/le1a0jcmy0 #jobs #hiring #neenah #401k #benefits #careers #bonus #training

Like
Comment
Share
Mauricha Smith
Bullet point
Follow
over 6 months ago

Why wait for a new year to start a new career? Security Finance is #hiring NOW! Our Rice Lake, WI location has an urgent need to hire Customer Service Representatives You’re the first face customers see and the most important memory, because you’ll be the one who helps them, over the phone and in-person when they have a financial need. No prior finance experience required – just bring your customer centric attitude and we’ll teach you’re the rest! We offer an award winning benefits package that includes FREE health insurance for employees, paid time off, 401k with company match, profit sharing and much more! To apply click on the link https://www.securityfinance.com/careers/ or you may contact me directly at Mauricha.Smith@security-finance.com 1-806-670-9731 #jobs #hiring #ricelake #401k #benefits #careers #bonus #training

Like
Comment
Share