b'18Retirement PlanOne of the best things you can do for your future is to contribute to aretirement plan. The earlier you start, the more time your money has to grow ONLINE AND AFFORDABLEfromcompoundinterest(whichiswhenyouearnreturnsonyourinvestments, as well as returns on those returns). This helps your money growat a faster rate than with simple interest.ALIGNS WITH US NANNY ASSOCIATIONBy saving just under $4,500 annually over the course of a 45-year career, NATIONAL STANDARDSyou could have more than $1 million by the time you retire. If your employer offers matching contributions through a retirement planlike a SIMPLE 401k, your yearly investment could be as small as $2,200 to CACHE CUSTOMIZED QUALIFICATION INreach that magical $1 million mark. PARTNERSHIP WITH NANNY STELLA, INCYour contributions are made pre-tax, reducing your gross wages and theamount you owe in taxes. SPECIFICALLY FOR NANNIES BYLEADINING INDUSTRY EXPERTSYou will be able to self-direct your investments from a list of monitored,low-costmutualfundsandhaveaccesstoadvisorswhocanprovideguidance personalized to your retirement goals.If you change nanny jobs, your new family can adopt the retirement planandcontinuecontributions,oryoucanrollyourmoneyintoanotherqualified retirement plan or individual retirement account (IRA).Educational AssistanceIfyouaretakingclasses,yournannyfamilycanmakeatax-freecontribution of up to $5,250 per year toward your qualified educationalexpenses like tuition, fees, equipment, supplies, and textbooks.Educationalassistancemayalsoapplytowork-relatedcontinuingeducation, training, seminars, and conferences.NannyMag.com| 25'