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Why should I participate in a qualified retirement plan?

Participating in a retirement plan can enable you to rely on having the money needed for a comfortable retirement. With appropriate planning, your retirement plan will help make your retirement years more enjoyable. To achieve this, the law provides tax incentives that will help you reach this goal. For example, through a 1081.01 (d) plan, you can save in the plan on a pre-tax basis. That's why it is important to take advantage of the savings opportunities provided by a plan so when the time for retirement comes around, you may receive the investments you made to the plan.

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FDIC Member. Products and services offered by Banco Popular de Puerto Rico.

1Withdrawals are subject to the availability of funds in your account.

2Deposits are subject to the provisions of the Bank’s Funds Availability Policy. Easy Deposit Mobile is a free service and only for Banco Popular customers with individual deposit accounts and/or commercial accounts (FlexiCuenta de Negocios® & B-Smart®). Customers selected in accordance with the Bank’s eligibility criteria. Checks deposited before 6:00 p.m. of a business day will be processed the same business day, subject to verification and deposit validation. In the back of the check to be deposited, enter your signature, account number and the phrase “For Deposit Only at BPPR.”