401(k) Retirement Plans
The Consumer Federation of America reports that only 49% of non-retired Americans say they are saving enough for a comfortable retirement. As a business owner, you have the power to help ease the stresses of being unprepared. By offering a 401(k) retirement option, your employees have an easy way to regularly put away money for the future.
Why Invest in 401(k) Plans for Small Businesses?
Offering your employees the chance to join a 401(k) savings program helps them become more financially responsible and empowered. But this benefit also works to help your company draw in and retain talented employees.
Employers have the option of matching or contributing funds to employee 401(k) accounts as an additional benefit.
These contributions may be used effectively as performance incentives and may be tied to company goals.