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10 Top 401(k) Myths & FAQ’s For Businesses (keeping it simple)

By | 2018-05-01T19:25:22-05:00 May 23rd, 2017|401K, Blog|

Plus, Answers to Your Voluntary Supplemental Benefits Questions Many of our clients ask us what we see in our industry regarding retirement plans 401(k)’s and voluntary benefits. Their time is valuable and they are trying to reduce expenses, yet they need to attract and retain key employees. As an Insurance Agency with 20+ years of experience, we know the benefits world has changed dramatically. We also know that sometimes our clients make decisions, or non-decisions, on old school rules. With that in mind, here's the 10 top 401(k) myths and frequently asked questions we get from our business clients and peers. 10 Top 401(k) Myths and FAQ’s: I Can't Afford To Offer A Match: As an owner, look at gross revenues, not at the cost of a match. We all have payroll expenses and related taxes. We pay the taxes out of our gross revenues, right? For many plans, the PERSONAL TAX [...]

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