*Non-deposit investment products and services are offered through CUSO Financial Services, L.P. ("CFS"), a registered broker-dealer (Member FINRA/SIPC) and SEC Registered Investment Advisor. Products offered through CFS: are not NCUA/NCUSIF or otherwise federally insured, are not guarantees or obligations of the credit union, and may involve investment risk including possible loss of principal. Investment Representatives are registered through CFS. One Nevada Credit Union has contracted with CFS to make non-deposit investment products and services available to credit union members. (Member FINRA/SIPC)

401(k) and IRA Catch Up Contributions

401(k) Catch-Up Contributions?

If you are 50 or over you may be able to take advantage of catch up contribution opportunities and increase your retirement income. A catch-up contribution is any elective deferral made that is in excess of the annual contribution limit set for your 401(k) plan. The elective deferral can be up to $5,500 annually.

IRA Catch-Up Contributions

IRA's are also now able to receive catch up contributions. You can now contribute up to $5,500 annually in additional tax deductible amounts. Both of these catch-up options can help you grow your retirement fund and help secure a comfortable retirement.

Let Us Help

One Nevada Investment Group, through our broker-dealer CFS, can help you find all of the retirement benefits that are available to you and help plan your retirement income. Call us today and a One Nevada Financial Advisor* will be happy to discuss your options and help get you on the right path to retirement.

Call Today (702)-641-4323 

 

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