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1. 401k Investing Strategy
Understanding Your 401K
A 401K is a retirement plan sponsored by your
employer. The contributions made is
considered tax deductible because you can
save a portion of your paycheck before taxes
are taken out, which reduces the amount of
taxes you pay.

2. Below are some scenarios where you may not
incur the 10% penalty.
• Permanent disability of the participant.
• Qualified 1st time home buyer for owner occupied property
(taken out as a loan).
• Qualified military reservists called to active duty.
• Rollover of your 401K to another qualified IRA plan for previous
employers. You will not be allowed to rollover your 401K for an
employer you currently work for.

3. Why Save for Retirement?
As the aging population continues to grow older and
living longer, we are more likely to spend a longer period
in retirement. Below are statistical data.
1970: Men spent an average of 11.3 years in
retirement
Women spent an average of 15 years in retirement
1990: Men spent an average of 15.5 years in
retirement
Women spent an average of 19.1 years in retirement
2016: Men spent an average of 17.2 years in
retirement
Women spent an average of 20.6 years in retirement

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