Originally designed to replace workplace pensions, 401(k) plans offer individual employees a number of obvious benefits. But many employers often question what advantages there are for them to offer a 401(k) plan to their team. Helping employees enjoy financial stability and build a retirement fund, 401(k) investment plans have become a popular and proven investment for the future.
The benefits of offering and matching 401(k) plans include:
Tax Savings — With tax credits available for employers with just one employee, the setup expenses can be covered for the most part. Furthermore, other incurred costs can be deducted from your annual taxes, including company-matched contributions.
Recruitment Strength — Offering potential employees solid perks such as an employer-matched 401(k) allows your organization to stand out among the best employers. The financial benefit is likely to attract the strongest and most qualified to your team.
Employee Trust and Loyalty — Matched contributions tell employees that their financial future is of concern to the company. Increased employee loyalty and job satisfaction results in improved productivity and less turnover.
Why Choose EMS for Your 401(k) Plan
As a Certified Wealth Preservation Planner (CWPP™), EMS Financial Enterprises leader, Dale Shaffer has helped hundreds of private companies and organizations discover the benefits of incorporating a 401(k) plan for their employees. With low set-up fees on customizable plans, the establishment of a matched-contribution 401(k) is quick, easy and sensible. Our approach to financial services allows you to enjoy the confidence that only comes from knowing your bottom line is protected.
At EMS Financial, we don’t expect you to know the answers. Your certified financial advisor will walk you through the steps to ensure your needs are met and your expectations are exceeded. Let’s get started now. Contact an EMS Financial team member for professional assistance you can count on.