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Veba for Retirees of Kaiser Aluminum  Form

Veba for Retirees of Kaiser Aluminum Form

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Instructions and help about Veba For Retirees Of Kaiser Aluminum

- [Vern] Voya presents, Benefits in a Minute. - [Val] Today's topic, employer-sponsored retirement plan contributions, - [Vern] Also known by such names as 401(k), 457, or 403(b) accounts. Man, I love numbers and letters. - [Val] Yes, yes you do. Anyway, let's get started. - [Vern] When you save in an employer-sponsored retirement plan, - [Val] you're able to put money in that plan before paying taxes on it. - [Vern] This helps you put more away for tomorrow with less impact to your paycheck today. - [Val] And if your employer offers a company match, take advantage. - [Vern] A match is when your employer contributes a certain amount to your retirement savings plan, based on the amount of your own yearly contribution. - [Val] I think they know what a match is, Vern. - [Vern] I know, I just love talking about this stuff. Like, how compounding all these earnings and tax benefits could really add up over time, without being taxed until later. They should really have

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