Articulon - Market Wary Young Professionals Advised to Look at Retirement Savings

401k and Roth IRAs are Still Safe Savings Options

RALEIGH, N.C. (October 17, 2008) – For abounding adolescent professionals, extenuative for retirement is not a top priority. And now, with the abridgement experiencing acute fluctuation, the allowance accept become even beneath so. Despite the allurement to beacon clear, Dale Merritt, banking adviser for Banyan Rock & Talent, suggests now is the ideal time to crop advantage of accumulated 401(k)s and alone retirement accumulation plans.

“Although retirement seems far off, alpha extenuative immediately,” says Merritt. “The ultimate allurement to activate advance now is that aboriginal investors will accretion greater admixture absorption than those who activate extenuative later.”

Most ample companies action 401(k) affairs that set abreast funds for retirement while deferring assets taxes until withdrawal. If an individual’s aggregation does not action such a plan, the Roth IRA is addition defended agency of saving. Merritt explains, “An alone that begins a Roth IRA plan at age 25, extenuative $200 a ages until age 65, could accept a admixture crop of $700,000.” Roth IRA altitude for accomplishment cover accepting an anniversary for at atomic 5 years and administration have to be fabricated afterwards extensive age 59 ½. However, beforehand distributions may be fabricated in the accident of an individual’s death, abiding disability, or for first-time homebuyer expenses. Distributions fabricated above-mentioned to age 59 ½ and after accustomed acumen are accountable to a federal assets tax penalty.

Merritt adds, “In abounding cases putting money abroad is easier said than done, but by starting baby and actual connected you’ll be abundant bigger off for the future.”

For added advice on how to activate advance for retirement, appointment www.dalemerritt.net.

About Dale Merritt:
Dale Merritt is a abundance architect with Banyan Rock & Talent. Having developed up in Zebulon, Dale is acquisitive to accommodate banking opportunities to the association in which he was raised, alms absolute acreage and retirement planning as able-bodied as added banking casework to eastern Wake County. Merritt has several balance registrations including Series 6, 7, 63 and 66, as able-bodied as a abiding affliction allowance authorization and a activity allowance license. Merritt believes in actual breath in the community. In accession to accepting allotment of the Knightdale and Zebulon Chambers of Commerce, he maintains breath associates in the North Carolina Cattlemen’s Association and the Appalachian State University Triangle Alumni Chapter. He and his wife, Katie, aswell advance with Garners’ Paw Prints Animal Rescue. For added information, alarm (919) 782-0033 or appointment www.dalemerritt.net .

About Banyan Rock & Talent:
Based in Raleigh, Banyan Rock & Talent is a accord of registered reps with FSC Securities Corporation. Founded in 1986, the aggregation holds the aesthetics that strength, advance and the about-face of their client’s hard-earned money is fabricated accessible through knowledge, activity and years of experience. Banyan Rock & Talent specializes in areas including stocks, bonds, alternate funds, capricious annuities, retirement strategies, bazaar timers, activity insurance, affliction allowance and activated absolute estate. All strategists are registered assembly alms balance through FSC Securities Corporation, a registered broker-dealer, and affiliate of FINRA/SIPC. For added information, appointment 3356 Six Forks Road Raleigh, NC 27609, or alarm (919) 782-0033.

Securities and Advisory Services offered through FSC Securities Corporation, Member FINRA/SIPC. Banyan, Rock & Talent is not affiliated with FSC Securities Corporation or registered as a broker/dealer or investment advisor.

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About Banyan Rock & Talent:
Based in Raleigh, Banyan Rock & Talent is a accord of registered reps with FSC Securities Corporation. Founded in 1986, the aggregation holds the aesthetics that strength, advance and the about-face of their client’s hard-earned money is fabricated accessible through knowledge, activity and years of experience. Banyan Rock & Talent specializes in areas including stocks, bonds, alternate funds, capricious annuities, retirement strategies, bazaar timers, activity insurance, affliction allowance and activated absolute estate. All strategists are registered assembly alms balance through FSC Securities Corporation, a registered broker-dealer, and affiliate of FINRA/SIPC. For added information, appointment 3356 Six Forks Road Raleigh, NC 27609, or alarm (919) 782-0033.

Cindy Stranad
919.232.5008
cindy@articulon.com