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Many financial experts agree that 401ks are the preferred way to help build wealth for retirement. 401k plans were created with unique advantages that can make a real difference in your savings:
- $500 tax credit plus deductions to lower your cost
- The highest contribution limits among retirement options
- A Roth option with no income limits
And more! Read on to discover how the new small-business 401ks can benefit you.
Save more money, pay fewer taxes
IRAs are nice, but they lack some of the best features of a 401k. Now small businesses have access to a 401k designed specifically for them, with all the same advantages that large companies have been enjoying for years:
Good for you
- An opportunity to save more »
- The ability to lower your personal taxes »
- Access to funds in a pinch »
- Matching and profit-sharing options »
Good for your company
Sound enticing? Click any of the above features to learn more, or read all about owner benefits or company benefits.