It’s hard to attract and keep great employees when competitors offer better benefits. Without a strong retirement plan in place, you risk losing top talent and missing an opportunity to boost loyalty and morale.
A 401(k) plan gives your employees a way to save for their future and gives your business a powerful edge in hiring and retention.
Here’s what makes it so valuable:
Attract and retain quality talent with a benefit employees truly value.
Boost loyalty and productivity by showing your commitment to their future.
Gain tax advantages with deductible matched contributions.
Reward performance by tying contributions to milestones.
A 401(k) lets employees put a portion of their paycheck into a retirement savings account where it can grow over time.
Two common types:
Traditional 401(k): Contributions are pre-tax; withdrawals are taxed in retirement.
Roth 401(k): Contributions are taxed now; withdrawals in retirement are tax-free.
Employers can match employee contributions a powerful incentive that also encourages long-term retention, since matched funds often require employees to stay for a set period before they can access them.
When you offer a 401(k) plan:
Your employees feel valued and secure.
Your business stands out to top candidates.
Your team becomes more committed for the long haul.
Contact us to explore the best 401(k) solutions for your business and give your employees and your company the future they deserve.
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