There are two types of retirement plans that you can choose when it is time to prepare a budget and get ready for the future. Even if you are renting right now, you need to sit down and think about how much you want to put back and save for the future. A 401(k) can really help you get that done, but it is also a good idea to look at some of the benefits of this kind of account before you decide whether it is right for you or not. Some of the benefits of using a 401(k) for your retirement goals include:

# Higher contribution limits: Compared to some of the other retirement accounts you can use, the 401(k) allows you to invest more money. In fact, you will be able to invest up to $23,000, including the employer match. This is a lot of money and can help you build up that retirement nest egg faster than before. If you are 50 or older, then you can add in another $7500 each year to help you get there faster.

# Employer match: One of the best things about the 401(k) is the employer match. The employer is able to match your investment to a certain amount. Matching isn’t required by the government for these accounts, so not all companies will do it. But if they do, it can be a great investment and some free money for your retirement.

# Lower taxable income: Since you invest in your 401(k) with pre-tax dollars, you are going to pay less in taxes when the tax season comes along. This can be a big benefit if you would like to get more money back to do with as you will.

# You can take it with you: If you change jobs or move, your money is coming with you. You will have to take the time to roll over the account to an IRA if you get a new job, but it doesn’t disappear just because you get fired or decide to go with a different company.

As you are planning out your retirement, you also need to take some time to look for a comfortable apartment that will serve all your needs. Our brand new apartments in Jacksonville, FL are certain to meet all of your needs. These apartments have the space and great amenities you have been waiting for, along with a perfect location in Florida so you can be right next to all the action. Come take a tour of some of our units and see if they are the right home for you.