Saving for Retirement

 

Benefits of saving now

Eligibility and participation – when you can join your employer’s plan

Contributions to your retirement account - types and limits

Investing Plan Assets

Automatic enrollment - when your employer deposits part of your salary into your retirement account unless you make a different election

Distributions - withdrawing money from your account

Lifetime Income Calculator - Department of Labor tool to estimate monthly income from your account balance

Rollovers to and from other retirement plans

Notices (information) – from your employer

Vesting – in a retirement plan, means ownership

Retirement Savings Toolkit – Department of Labor

Retirement Saving Tips for Individuals

These articles contain basic information about planning for retirement and understanding your employer’s retirement plan.