Everyone could use a little more retirement savings. Many of us have 401K or similar tax- deferred plans offered through our employers and while these plans are nice, they lack payment flexibility. An investor cannot write a check and mail to his/her 401K Company. Any change requires consent with the Human Resource department and filling out several forms. And if the change is only meant to be temporary, the same process has to be repeated.
There is one retirement savings option that does offer payment flexibility and that option is an IRA. Whether a Traditional IRA or a Roth IRA, these accounts can be funded whenever one wishes, up to the maximum amount limited by law. Sharebuilder, a brokerage service affiliated with ING Bank, realizes the usefulness of an IRA and it is encouraging people to open up a new IRA by adding a $50 account bonus. With a Sharebuilder IRA, you have:
- An IRA account with no added account fees that can reduce potential returns.
- An account that allows you to self- direct the investment by selecting common stocks, ETF, no load mutual funds, and other investments.
- An FDIC- insured account that pays higher than average interest on cash balances.
To get started, go to $50 Promo from ING DIRECT Investing for Sharebuilder and gain control of your retirement by opening a Sharebuilder traditional IRA or Roth IRA account. Even if you already have a 401K plan, an IRA can add flexibility and diversity to your retirement plan, so take action now, for a more secure tomorrow.
Open up a new IRA account by March 1, 2012, deposit at least $200, and ING will add $50 to your account. This is like making an instant return of 25%, before the first dollar has even been invested.
Copyright 2012, Bryan Carey