Investing for retirement may not be at the top of your to-do list, but spending a few minutes today reviewing your retirement savings strategy may pay off when it is time to retire. Make sure you are maximizing your plan by using the following:
- Enroll today for Automatic Contributions– If your 18 years or older and have been employed with Mister for a minimum of 6 months enroll here.
- 401(K) Match-For every dollar you put into your 401(k) savings, Mister will give you an additional $0.50 up to 3% of your salary. All matching contributions are made on a pre-tax basis.
- Traditional 401(k) provides tax savings. Pretax contributions from your paycheck can reduce your taxable income.
- Roth 401(k) offers Post Tax Savings, making contributions after taxes are taken out receiving tax free withdrawals when you retire.
- Automatic Increase– Sign up for an automatic increase of 1% each year up to 15%. Set it and forget it! Watch a short informative video here.
- Your Retirement Outlook-Forecast your retirement based on your current investments and strategy in real time by logging in to your account here and selecting “Are You on Track”.
No matter where you are on the retirement journey Mister and TransAmerica are here to help. For more information or questions please contact Mercer Wise at 1-888-976-4907 or email [email protected] #WeAreMister