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401(k) Plans - Top 10 Myths Dispelled

Employee Benefits
Blue Cast

For many business owners, offering a 401(k) plan to their employees seems out of reach.

In fact, out of 5.1 million micro and small businesses in the U.S., only 13 percent have a 401(k) plan in place. This benefit is often viewed as too expensive and overly complicated to manage.

Offering a 401(k) plan can be a powerful tool for your business, and can help ensure that both you and your employees are planning for your financial futures.

  • Plans exist for all business sizes, including sole proprietorships.
  • Tax benefits can help offset costs.
  • Managing plans and investments is easy.

In this short webinar, we’ll dispel the top 10 myths around 401(k) plans, and give you the truth about how important, and affordable, this benefit can be.

This website contains articles posted for informational and educational value. Paychex is not responsible for information contained within any of these materials. Any opinions expressed within materials are not necessarily the opinion of, or supported by, Paychex. The information in these materials should not be considered legal or accounting advice, and it should not substitute for legal, accounting, and other professional advice where the facts and circumstances warrant.
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