Business 401(k) Pension Sharing Plans offer tax advantages for your business and participating employees. Contributions to the plan are typically tax-deductible for the company, while employees enjoy the potential for tax-deferred growth on their investments.
Flexible Contribution Matching: You can match employee contributions to varying degrees, allowing you to tailor the plan to your company’s budget and goals.
Employee Empowerment: These plans empower employees to take control of their retirement planning by providing a range of investment options within the 401(k). They can choose investments that align with their individual financial goals.
Compliance Assistance: Managing a 401(k) plan can be complex due to regulatory requirements. Working with a knowledgeable advisor can help ensure your plan complies with changing laws.
Long-Term Loyalty: Generally, employees who see your commitment to their financial future are potentially more likely to stay with your company, reducing turnover and recruitment costs.
At Taylor Financial, we specialize in designing and managing Business 401(k) Pension Sharing Plans that meet your organization’s and your employees’ unique needs. Our financial professionals will work closely with you to create a plan that enhances your employee benefits package while providing tax advantages for your business. Contact us today to explore how Business 401(k) Pension Sharing Plans can be a valuable asset for your company’s growth and success.
