401(k) Management and Retirement Savings

If you are changing jobs, contemplating retirement,
or recently retired, you may be wondering what you should do with a 401(k) or other retirement savings account from a former employer.

Attract and Keep Qualified Employees

Offering a retirement plan is a smart way to help level the playing field between your small business and larger companies:

Attract talented people in today's competitive job market
Retain valuable employees who want retirement solutions in their benefits package
Benefit from tax advantages that may be available to you as an employer

Whether you are self-employed or a small business owner, there are a wide range of small business retirement plans designed to meet your specific needs. All small business retirement plans can help you save a significant amount of money toward your retirement and provide tax advantages at the same time.

Advantages of Beginning Today

You may be able to take a tax deduction just for saving money for your future.
All earnings on your investments grow tax-deferred until withdrawn.
You can include your spouse in a Self-Employed 401k if you are working together.
You'll have a key benefit to offer any employees today or when your business expands.

Overall

A 401(k) plan can help lay the groundwork for a comfortable retirement. By making pretax contributions, participants have an opportunity to reduce their current taxable income while saving for retirement. Some employers even provide a matching contribution as an extra incentive for the participants to contribute. Contact Anchor Bay Capital, Inc. for additional information on 401(k) and other retirement and benefit plans.

Learn how to take control of your retirement savings: