Friday, November 7, 2008

Guaranteed 50% Return on Your Investment

In a time when it seems every investment is performing dreadfully where can you turn for solid returns? Your 401(k).

Many 401(k) plans offer a matching contribution. The average seems to be about 50 cents of the dollar (check your matching formula for your precise numbers). So every time you contribute $100 to your plan your company matches it with $50 - an instant, guaranteed 50% return on your investment.

It's actually better since you're receiving a tax deduction for your $100 contribution. If you're in the 15% bracket (one of the lowest) you just saved an additional $15 of income taxes. In total, your $100 investment has now given you a 65% return.

Make sure you take advantage of one of America's greatest investment opportunities. Questions - just call or email and we'll be glad to help.