A New Way to Save!

We are glad to announce the launch of Roth 457. SoonerSave now offers two great options for contributing to your retirement savings plan: pre-tax and Roth. With the Roth option, you pay taxes on your contributions now so you don’t have to later. You also get the benefit of not having to pay taxes on the earnings.

When considering if Roth is right for you, keep these four things in mind:

      • Your finances
        Are you okay with less take-home pay today in exchange for tax-free income in retirement?
      • Your tax benefits
        Would you like to grow your savings and take withdrawals tax-free?
      • Your career
        If you’re just starting out in your career, you may have a longer time to invest in your retirement savings.
      • Your outlook
        If you expect to be in a higher tax bracket when you retire, making Roth contributions may help you save more money in the long run.

 

Resources

Roth 457: Another Road to Retirement

This seminar presented by OPERS provides an overview of the Roth 457 plan. Topics will include explanations of Roth history and benefits, deciding which option is best for you, and managing your contribution options.

Register now by selecting the seminar date below. 

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