ABSTRACT
You need to start your retirement planning sooner or later, and the sooner you begin, the more your funds will grow with time. Do you know what type of retirement plan your employer has adopted? Do you understand your options and benefits? You need to ask these questions and find out what retirement coverage you have. You may have to sign up to participate in the plan. You also may have the options of putting additional funds into your retirement plan. Often your employer will match this amount in whole or in part. The funds you put into your plan give you an additional tax deduction, and interest compounds tax-free.
