As a general rule, you’ll need at least 75 to 80 percent of your final working salary to maintain your lifestyle during retirement. You might be hesitant to increase your retirement plan contribution because you don't want to reduce your take-home pay. But the power of tax-deferral means the impact to your paycheck may not be as much as you think.
Access this short video on reasons to participate in your retirement plan
Tax qualified retirement plans from American United Life Insurance Company® (AUL) are funded by an AUL group annuity contract. While a participant in an annuity contract may benefit from additional investment and annuity related benefits under the annuity contract, any tax deferral is provided by the plan and not the annuity contract. • Non-registered group variable annuity contracts are issued by American United Life Insurance Company® (AUL), One American Square, Indianapolis, IN 46206-0368, 1-800-249-6269. • A variable annuity contract is a long-term, tax-deferred investment designed for retirement that will fluctuate in value. Investing always involves risk, including the potential loss of principal.
