Providing your employees with a steady income and quality benefits is important for maintaining a healthy and productive workforce. And if your company offers a 401K Plan, it can provide your workers with positive assurance for the future.
By utilizing a 401K, you’ll be able to offer an investment plan that allows your employees to set aside a certain amount of income for retirement. These plans allow your business to:
- Deduct specified contributions from an employee’s paycheck
- Match a percentage that your employees invest
- Help your employees prepare for their retirement
- Provide a tax-deferred plan where your employees only pay taxes upon withdrawal*
At Howard Insurance Team, we’re committed to setting up a 401K Plan that’s designed to help your employees achieve their long-term financial goals. Contact one of our knowledgeable specialists today.
*Federal income tax laws are complex and subject to change. Please consult your attorney or tax advisor for answers to specific questions.