A 401(k) Is The Best Gift You Can Give

Finding gifts for your employees is expensive and stressful on your budget, especially if you’re a small business owner. The great thing is that 401(k) plans don’t have to cost you anything, making it a budget-friendly gift option.

Debunking 4 Myths Surrounding Small-Business 401(k) Plans

Considering opening a 401(k) plan for your business, but concerned about the process or qualifications? Fear not. We’re debunking some of the top myths surrounding small business 401(k) plans and why you shouldn’t let these myths stand in the way of you or your employees’ retirement planning goals.

3 Things You Should Know About A Traditional 401(k)

Generally speaking, the more money you make, the more of an incentive it is for you to contribute to your 401(k) since you will save more in taxes by contributing. It should be noted however that contributing to a 401(k) regardless of your income level will still help you save money on taxes.

401(k) Fees Are A Thing Of The Past

If you’ve shopped around for 401(k) providers, then you have probably been comparing plans and evaluating fees. The harsh truth is that many 401(k) providers are either charging for fees that they shouldn’t, or they are simply overcharging.

Most Millionaires Built Their Wealth With a 401(k)

“The fact that the average millionaire didn’t go to an elite school is great news for many Americans who can’t afford an expensive education. The state university or community college can provide a solid foundation for the future. You don’t need a prestigious diploma to win with money.” – Chris Hogan