Many company owners would like to provide benefits of this nature to compete for good employees, reward loyalty and allow ofr tax deferred contributions for themselves.
A small business has unique challenges and having a 401k plan that fits what they need is very important. There are several types of plans and structures and respected companies that have the experience to service the account on your behalf.
American Investment Training works and trains for the largest financial services firms in the world. We can answer your small business 401k questions and provide you with several retirement account firms. These firms are experts in the small to medium size retirment planning market.
Questions on how to set up the plan, contribution limits, withdrawal rules, 401k transfers, fees and deductions can be answered.
401k Plan Questions
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1 comment:
A 401(k) plan is a very popular retirement plan for large and medium and small sized companies.
because of the following features:
Flexible plan design
Employees can make pre-tax salary deferrals of up to $15,5001
Your business may make optional profit sharing and matching contributions.
Individuals age 50 and over are allowed to make a $5,0001 catch-up contribution.
Company contributions are tax deductible; contributions and earnings are tax deferred.
401 k investments
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