October 7, 2018


Establishing a 401K through an employer is often the first step an individual will take when investing in their retirement. Because contributions are automatically deducted from paychecks before being taxed, this retirement plan option can easily be ineffective if you aren't monitoring its growth or contributing enough. However, there are many benefits that come with taking advantage of your employer's 401K plan.

Unlike other retirement planning options, 401Ks are only available through a sponsoring employer and employees are responsible for deciding whether or not they want to participate or contribute. As a qualified retirement plan, a 401K lets a company's eligible employees save for and invest in their retirement while maintaining a tax-deferred status. In many cases, employers will match their employee's contributions to a 401K plan, even though they aren't required to

401K plans are a popular retirement planning option for career-minded individuals for many different reasons. The most obvious reason is the ability to contribute funds from a tax-deferred status directly from their paychecks. Other benefits of investing in a 401K plan include easy portability, matched contributions by employers and the amount of control plan holders have with their own chosen investments.

Because 401K plans are subject to many different complex rules, it is important to consult with a professional retirement planner before making any decisions that may impact them. At Anchor Financial Group, we are Tulsa's best keep secret for retirement planning. Our brokerage firm is experienced in both 401K stabilizations and 401K rollovers. Let us give you a unique insight into the world of financial planning and ensure your 401K plan remains on track.

401K Rollovers

If you are currently considering a career shift, it is important to make sure that your current 401K is accounted for. Without doing so, you could make a decision that could hinder your dreams of retirement in the future. As the leading provider of Tulsa financial planning, Anchor Financial Group is here to help you navigate the unique circumstances surrounding your 401K. While 401K rollovers aren't the right fit for everyone, there are many reasons why you should consider one before changing your career path.

Ready to Get Started?

If you are ready to focus on your financial planning, the Tulsa financial planning experts at Anchor Financial Group are ready to assist you. As a Veteran-owned brokerage firm, we always look out for the best interest of our clients. Please call us at (918) 591-2880 to get started or Contact Us and a friendly member of our staff will reach out to you promptly. We look forward to assisting you in achieving your financial goals in Tulsa.

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