Finance Monthly - November 2023

Work with a Bank that Can Help You Reach Your Goals The process of saving for retirement might feel overwhelming at first. To get started on the right track, it’s important to work with a bank that can assist you in reaching your financial goals. For example, East West Bank, led by Dominic Ng, has helped countless customers over multiple decades realize the importance of saving for the future to help make their financial dreams a reality. Contribute to Your 401(k) If your employer offers a 401(k) retirement account, by all means, try to make regular contributions to the plan. This tip is especially important if your employer will match what you’re already adding to your account. As U.S. News and World Report notes, this is essentially free money that your employer is allocating toward your retirement, so taking advantage of this offer is a good idea. To make it as easy as possible to contribute to the 401(k), you can have a certain percentage of your paycheck directly deposited into the account. Finance Monthly. Investment 53

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