401(k) Salary Deferral Retirement Plans
amount that can be deferred by an employee is limited by tax
law. The deferral dollar limit is adjusted for inflation each
year. You may also make matching contributions on behalf of
each participating employee.
addition to the general tax-qualification requirements, all 401(k)
plans must meet certain other requirements. For instance, all
401(k) salary deferrals made by employees must be completely non-forfeitable.
Also, 401(k) plans must meet special nondiscrimination rules.
your company already has profit sharing or other "defined
contribution" plan, a 401(k) option is easy and inexpensive to
add. Your only additional expense is the administration
costs. With a preexisting plan, these added costs are
generally low. If you are setting up a new qualified plan, the
expense and paperwork of adding a 401(k) option along with your plan
Because of today's Economy we have an increase of inquires regarding 401-K Plans.
Save yourself time and effort by obtaining a copy of your 401-K Plan from your Employer prior to asking us any questions.
It is impossible for us to give you any competent advice without reviewing your complete plan. So, unless you let us review your particular plan we can be of no help.
Today is not like years ago. You do not need to be next door to receive both good advice and service. Overnight delivery, Computers, Faxes, Cell Phones make it a time of immediate demand.
We service clients through out the U.S., Australia, and France. The World is no longer round, it is flat.
If you need Help Contact Us or call us at 847-215-8630 for a confidential consultation.
WE TELL YOU WHAT YOU MUST HEAR, NOT WHAT YOU WANT TO HEAR!
For more information please feel free
to browse around our web site. We are always happy to answer
any questions, or to schedule a consultation contact.