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401(k) Day
Source: NBN/CP RadioWire
Sep 2, 2003, 14:08

Suggested anchor lead-in: Now that you�ve taken a break over Labor Day weekend, it�s time to put your retirement savings back to work.  Use today, National 401(k) Day, to take control of your retirement planning.  Chris Allen has more.

 

Company-sponsored retirement plans, such as 401(k)�s, are proven to be the easiest and most effective in saving for retirement.  However, a recent survey from the Transamerica Center for Retirement studies found that seven out of ten 401(k) participants would like employers to offer more access to educational and advice tools.  Center expert Catherine Collinson:

 

�Find out about your company�s retirement plan and educational resources.  Recently, retirement providers have enhanced their educational offerings with on-line tools.  If your company�s plan does not offer these tools, talk to your employer about adding them. Using these tools, calculate your savings goal and set forth a plan to achieve it.  Take into account your risk tolerance and time to retirement.  If your company doesn�t offer a retirement plan, ask for one. Get your coworkers involved. Lobby for change, and better your chances of securing the savings plan and the retirement you want.�

 

 

For additional information and ways to plan your retirement, visit t-a-(hyphen)-retirement-dot-com-backslash-the-center.

 

Suggested anchor close: So go out and celebrate �401(k) day� by taking control of your retirement planning.

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