Sponsor Advertising
401(k) Plan (Traditional)
A defined contribution plan that permits employees to have a portion of their salary deducted from their paycheck and contributed to an account. Federal (and sometimes state) taxes on the employee contributions and investment earnings are deferred until the participant receives a distribution from the plan (typically at retirement). Employers may also make contributions to a participant's account.
403(b) Plan
See Tax Sheltered Annuity (TSA).
Sponsor Advertising
Starting a plan will help your company stay competitive in today's tight labor market.
401(k) plans help you:
Sponsor Advertising
