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What Your Advisor Didn’t Tell You About 401Ks

  • Writer: Laurie Chen, CPA, MBA
    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!




 
 
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