If your employer does not offer a retirement plan, that is no excuse to not successfully prepare for your financial future. According to an article from startribune.com, almost half of Americans don’t have a retirement plan at work. The Retirement Security Project revealed more than 75 million Americans (48.4%) work for employers that don’t offer a retirement plan.

Here are some ways to achieve your saving’s goals:

• Use your stimulus rebates and tax refunds wisely. Put this money towards your nest egg and see results in the long run.
• Encourage your boss to add a retirement plan. Although it can be costly, there are tax benefits for employers. Plus having a retirement plan can help attract and retain employees.
• Consider an IRA. A traditional and Roth IRA allows you to contribute up to $5,000 in 2008. In addition, the Roth IRA grows tax-free while a traditional IRA is tax-deferred.

Learn more about retirement options or contact a self-directed Retirement Specialist at 1.888.ETC.IRAS (382.4727).

Filed under: Saving for Retirement on May 19th, 2008