 |
 |
 |
      |
|
Another choice you need to make is whether you want to pay more in taxes or less in taxes. You see, the money you save in the plan is not currently taxable and won’t be taxable until you take it out of the plan. By deferring taxes, your account will grow faster and you will have a larger nest egg when you come to retire. If you don’t want to reduce the taxes you are paying, you don’t have to participate in the plan and the government will be more than happy to take your money. You get to choose whether you want more of your employer’s money or less of their money. If you save part of your pay in the plan, the company may also contribute to your account. The only way to get this matching contribution is to save some of your money. If you don’t save, you won’t get the employer’s money. In most cases, you also get to choose how the money in your plan account will be invested. We recognize that everyone has different levels of knowledge, risk tolerances, time horizons and goals. That is why we let you select the investment mix in your account. Just remember, when it comes to making investment choices there are no right or wrong decisions. What is important is that you select a strategy and stick with it. We encourage you to discuss your goals with us, so we can assist you in deciding how to invest your retirement money. |
|||||||||
 |
 |
 |
| YHB Retirement Services, LLC 29 S. Main St., Suite 306 West Hartford, CT 06107-2420 860-313-5470 1-800-526-8094 Fax: 860-561-7055 E-mail: info@yhbretirement.com |
Participants | Plan Sponsors | Resources | Contact Us | Site Map | ||
| Web Site Design: Trimerous | |||