This time of year it’s fun to get into the spirit of giving. But while you’re busy shopping for everyone on your list, don’t forget to give yourself a little something too–financial security.
While it’s tempting to take a break from saving for the Christmas season, doing so will only set you back in the long run. Instead of taking a break, give your retirement savings a Christmas bonus!
An extra $500 invested in your retirement account today could mean more than $4,000 for you in retirement. Make it an annual bonus, and you could accumulate more than $54,000 by retirement (assumes contributions are made and invested over a 30-year period at a 7% annual return).
Contributions can be made by check, online, or through a bank draft. Checks must be postmarked and online contributions made by December 31st to count as 2021 contributions. Any changes to a bank draft for January 2022, a new bank draft form must be received by December 20th.
For more information on contributions, you can view the contributions section or contact our office at 1-877-767-7738.