Thursday, March 8, 2012

Take A 401(k) Chill Pill

The American Medical Association notes that stress is the basic cause of more than 60 percent of all human illness and disease.  The good thing is, stress is avoidable.  Stress tends to be something we do to ourselves. People let themselves be stressed by not looking for solutions, not changing their attitudes, and by thinking a certain way.  

In today’s political and economic climate people stress most about money.   As people continue to stress about retirement and dwindling 401k’s it’s important to remember that there are other retirement planning options, less stressful ones.    

401(k) vs 4N1FUND 
Stress - Trust Your Employer - Can you depend on corporate America? Do you trust your employer?   A 401(K) requires you do both.  Some employers operating 401(k) plans are not in compliance with IRS and Department of Labor regulations.  Some 401(k) plans use risky or questionable investments. Many plans invested in mortgage-backed securities and lost most of their value in the mortgage collapse of 2008. You must investigate and research your employer’s 401(k) plan to make sure it’s safe and sound.

          Sans Stress   
  • Trust Yourself - 4N1FUND does not rely on the stability of corporate America and you don’t have to trust your employer to make the right choices.  All you have to do is commit to making monthly payments.  4N1FUND relies on the power of the group.  Once an online group is formed, your money is leveraged due to the sheer numbers.   

Stress - Pay Taxes - Generally, your 401(k) distributions are taxed as ordinary income.  401(k) plans also have a minimum distribution requirement.  If you fail to withdraw income by age 70 you pay hefty fees.  

         Sans Stress
  • Annual Tax-Free Income Stream - 4N1FUND provides an incredible annual tax-free income stream.  The tax advantages are incomparable to any other retirement plan.  You don’t have to worry about paying Uncle Sam.  You’ve given him enough.  Go to the 4N1FUND website and see what your projections are!

Stress - Watch the Market -- A 401(k) plan is money invested in the stock market.  If you have one, you must do the work to monitor it.  You have to watch out for any alterations in portfolio options, strategy changes, manager departures, long-term performance shortcomings, etc.

         Sans Stress
  • No Work Involved - 4N1FUND takes the stress out of planning for the future.  You won’t have to pay attention to the stock market downswings because when the market drops it will not affect your benefits.  You won’t have to monitor changes.   It’s a much simpler approach to saving!  Take the intimidating stress of being lost in the economic world out of the equation and focus on the fun things in life, like finding your next relaxing vacation spot.

Stress - Heavy Early Withdrawal Penalties - Don't touch your 401(k) before retirement. The money is yours, so you can withdraw it if you want, but not without paying taxes and heavy penalties (generally 10%) on the amount withdrawn.  If you make an early withdrawal, be prepared to lose money.

          Sans Stress
  • NO Early Withdrawal Penalties - 4N1FUND provides living benefits in times of personal crisis.  You won’t have exorbitant penalties to pay if a circumstance arises that requires you to stop working and withdraw funds for income before you reach retirement age.  It offers protection in times of need and you won’t have to jump through any hoops.

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