A 401(k) is an employer sponsored retirement plan that makes it easy for employees to save for retirement through payroll contributions. With pre-tax contributions, you can save on taxes, and some plans even offer employer contributions to get you even closer to your retirement goals.

Key Benefits

  • Additional catch-up contributions can be made if older than age 50
  • Some plans may offer a Roth 401(k) feature
  • Taxes deferred until distributions are made
  • Penalty free distributions after 59 ½
  • Distributions must begin by age 70 ½ unless still employed at that company

To learn more about our 401(k) plans or to speak with an expert, take the next step. Call us at 864-288-2849 or submit a contact form.

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