Retirement & 401k Plans
An Employer-Sponsored Retirement Plan, such as a 401(k), offers employees a convenient and tax-advantaged way to save for their future. These plans allow employees to contribute a portion of their paycheck—before or after taxes—into an investment account that grows over time, helping them build financial security for retirement.
Many employers also offer matching contributions, which means free money added to employees’ retirement savings based on how much they contribute.
Key Features:
- Pre-Tax and/or Roth Contributions for tax-advantaged savings
- Employer Matching to boost retirement funds
- Investment Options to align with individual financial goals and risk tolerance
- Portability—funds remain with the employee even after leaving the company
- Automatic Payroll Deductions for easy, consistent saving
By offering a 401(k) or other retirement plan, employers help their teams plan for a more secure financial future—supporting long-term financial wellness and employee retention.