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 April 1st of the year after one turns 73, 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.