The ing Retirement Plan A Worldwide Bank Supports RetirementConsidering how few people have any retirement plan, it may seem odd that I am writing specifically about an ing retirement plan. But if you are interested in saving for retirement, you might want to consider the ing group.
ing stands for International Nederlander Group, a Dutch financial institution that was the tenth largest company in the world in 2007.
I know it best through ing Direct, the Canadian entity. I keep my savings there because I get great interest without fees. The hitch is that since everything I do with them is online, I still have to maintain my other bank accounts to get local access to my money. In my opinion, it's a small price to pay.
ing provides personal savings accounts, both tax sheltered and otherwise. I have five different accounts so I can keep various pots of savings separate.
My research for this article uncovered the fact that ing retirement plans have been adopted by various states and other employers.
If you are looking for a way to save for your retirement, ing may have a plan for you.
If you have employees, there may be an ing retirement plan to fit your circumstances.
Although I have been a happy client of ing Direct for about four years, you should know that in October of 2005 the National Association of Securities Dealers fined ing $1.5 million for improper market timing and ordered $1.4 million in restitution to mutual funds. To the best of my knowledge, there have been no subsequent problems. In any case, you should to your own research into any bank you invest with.
Whether the ing retirement plan is the plan for you or not, do start to save for your retirement as soon as possible.
Tax sheltered plans give you money both now and in the future. But any savings is better than no savings.
How much did you save today? How much is enough?

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