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The Benefits of Investing in a 401K

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A 401(k) is a voluntary savings plan offered through an employer. One benefit of a traditional 401(k) is growing your retirement savings tax-deferred. Employees can choose how much to put into their retirement savings from every paycheck.

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401k vs IRA

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While living in the moment can be fun, it’s never too soon to start thinking about retirement. There are multiple retirement plans to choose from. Two common plans are a 401(k) and an Individual Retirement Account (IRA). Which plan is the best fit for you?

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Are You Ready to Invest Quiz

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Thinking about investing and want to make sure you are ready? Check out Financial 4.0’s investment quiz to test your knowledge before investing.

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Collegiate Credit Union
CollegiateCU.org/

Collegiate Credit Union accounts are held at Michigan State University Federal Credit Union where savings are federally insured to at least $250,000 by the NCUA and backed by the full faith and credit of the United States Government.

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