What Your Advisor Didn’t Tell You About 401Ks
- Laurie Chen, CPA, MBA
- Aug 27, 2023
- 1 min read
A 401k plan can be a great way to help your employee’s future but it also means tax savings for your business.
You can maximize your contributions and keep more money in your pocket:
Can deduct the cost of their matching contributions as a business expense
In certain situations, the employer's contributions may be excluded from the employee's gross income
Great benefit for employers, as helps to attract and retain top talent, while saving money on taxes
Let's plan together to maximize your planning for 401k in your business!
