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Scarborough Alliance is dedicated to helping union members increase their financial knowledge When it comes to retirement planning and investing, more knowledge means having more power over your financial future. Increasing your financial literacy while working with a trusted advisor who can create a savings plan you can stick with will help you attain your financial goals, both leading up to and during retirement. Explore our articles, calculators, and videos on various financial topics.
An employer-sponsored retirement savings account could be one of your best tools for creating a secure retirement. It provides two important advantages. First, all contributions and earnings are tax-deferred. You …Read More
In 1997, the Roth IRA was introduced. This new IRA allowed for contributions to be made on an after-tax basis and all gains (or growth) to be distributed completely tax-free. …Read More
An IRA can be an effective retirement tool. There are two basic types of Individual Retirement Accounts (IRA): the Roth IRA and the traditional IRA. Use this tool to determine …Read More
Roth 401(k) vs. Traditional 401(k) Calculator A 401(k) contribution can be an effective retirement tool. As of January 2006, there is a new type of 401(k) – the Roth 401(k). …Read More
A 457 plan contribution can be an effective retirement tool. The Roth 457 plan allows you to contribute to your 457 account on an after-tax basis – and pay no …Read More