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What Every Business Should Know About 401(k) Plans

Employee Benefits
Blue Cast
10/18/2016
 

Learn more about what it takes to offer a 401(k) plan at your business by registering for our upcoming webinar.

One of the most important personal benefits for employees is a 401(k) plan, which is a valuable tool to improve their preparation for retirement. However, the Small Business Administration reports that only 29 percent of businesses with less than 25 employees offer some type of retirement savings plan. This offers an opportunity for small businesses to provide a 401(k) plan as a way to have a competitive advantage for attracting and retaining high-quality employees.

In just 45 minutes, we will learn:

  • The basics of a 401(k) plan.
  • The process of setting up an effective plan at your business.
  • How third-party administrators can simplify the process of setting up and managing your plan.

Join us and learn more about how a 401(k) plan can help provide several key advantages for your business while also giving your employees an attractive benefit. Such an offering can help keep your current employees longer and improve your prospect base for future hires.

 

 

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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