Focus on Retirement Planning
Many of our clients’ largest assets sit within their company sponsored retirement plans. These plans, whether they be a 401(k), 403(b) or a Simple/SEP IRA, often offer a matching component. For example your employer could match the first 3% of salary that an employee contributes into the plan (pre-tax). Therefore if you put in $3.00 and the company matches that $3.00, you have a total of $6.00, or a 100% increase in the contribution! As financial planners, there are not too many investments out there that can produce this type of return. Outside of having an emergency fund and eliminating credit card debt, we highly recommend that our clients take advantage of company sponsored retirement plans and at minimum, attempt to contribute at least up to the match.This March, we highlighted the importance of Retirement Planning and the resources our existing clients and friends have access to through our firm. If you, or someone you know, have not sat down recently to discuss a long term retirement plan, we encourage you to give the office a call to get you back on track today!
PLAY BALL!
Our affiliate, Rocco & Associates, recently announced that it will again be sponsoring a team within the Fairfield American Little League this spring. This will be the fourth season that the firm will be supporting this ever popular town program and is just another way we continue to give back to the community we all operate in. Eric Johnson will again be a volunteer coach where he gets to witness firsthand how excited and appreciative these young kids are when they take the field. Fairfield American Little League (FALL) is open to all kids born between May 1, 2003 and August 31, 2012 (Little League ages 5-13 years old), who live within the Dwight, Mill Hill, Osborn Hill, Riverfield and Sherman school districts.
FREE Shredding Day
We will be offering a free Shredding Day to kick off spring on May 17th from 10:00 A.M. – 1:00 P.M., at our affiliates office at 1248 Post Rd, Fairfield, CT. In addition, we will be encouraging all taking advantage of this FREE event to also donate suits, shirts, and other professional clothing items for both men and women to be distributed to local veterans through the Bethel, CT based organization Save a Suit (saveasuit.org). Save a Suits’ mission is to assist our veterans preparing to enter back into the workforce during the job interview process.If you have any questions, email eric@monecoadvisors.com.
The opinions voiced in this material are for general information only and are not intended to provide specific advice or recommendations for any individual.