Open enrollment is underway! Not only is this a great time to make sure all of your insurance coverages and benefits are up to date, but it’s a perfect time to look at your 401k. Have you increased your contribution percentage yet this year? Now’s the time (remember the goal of +1% every year)! Are you putting any money into the Roth 401k account (hint: many of you are missing this fantastic tax advantaged opportunity!)? Do you need to rebalance your investments? If you’re over 50, should you be making “catch up” contributions to boost your retirement savings? Also, consider contributing to or increasing your EMSIP to take advantage of the 10% bonus on every dollar you put in! As always, your CalmWater Advisors are here to help.
CalmWater Financial Network®, 3204 W Benjamin Ave, Suite 200, Norfolk, NE 68701 ~ (402) 371-5511
Securities and advisory services offered through Commonwealth Financial Network®, Member FINRA/SIPC, a Registered Investment Adviser. Fixed insurance products and services are separate from and not offered through Commonwealth.