Which Retirement Plan To Offer For A Small Business?
- 61667 POINTSview profileSteve SavantSyndicated Financial Columnist, Host of the weekly talk show Steve Savant's Money, the Name of the Game, Scottsdale ArizonaA qualified defined contribution plan is a good place to begin and the most popular is the 401(k). The contributions are pretax or tax deductible, the account accumulates tax deferred and some employers actually match portion of your contribution. By offering a 401(k) an employer can attract employees and retain them with this retirement benefit.Answered on September 5, 2013flag this answer
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