Are you starting a new job? 

To fully utilize the 401k plan your employer has available, make sure you sign up for the plan right away. Don’t procrastinate because you might forget and you are giving up valuable time and money to be saving for retirement. When you do sign up, remember to sign up for the maximum percentage that is allowed.  

You always want to invest to the point that you get a match because that is free money! That way you will be taking full advantage of the tax benefits and accumulating as much as you can for your retirement

You are able to save $17,000 in 2012 into your 401(k) plan to fully max it out.  The other thing to remember when you start the new job is to take your 401(k) from your previous employer and roll it over into your IRA. You want to take old 401(k) plans and consolidate them into one IRA so that you can manage your money most effectively.

For more information on Nicole visit www.prosperwell.com