Utilizing your company sponsored retirement plan is one of the best ways to save for retirement. Many companies offer employer contributions such as a matching program and profit sharing. These are two areas that will help your account grow immediately and need to be taken full advantage of. If you don’t have a retirement plan offered through your employer, consider saving within either a Traditional IRA or Roth IRA. At the very least, these are tax-advantaged savings vehicles that will help you build your retirement nest egg.
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