Georgia 401k Plans

401(k) plans can are a powerful tool in promoting financial security in retirement. They are a valuable option for businesses considering a retirement plan, providing benefits to employees.

Employees are not the only ones who gain from their company's retirement plan. 401(k) plans also benefit employers for the following reasons:

• A well-designed 401(k) plan can help attract and keep talented employees
• Employers are entitled to a tax deduction for their contributions to employees’ accounts
• Contributions and earnings are generally not taxed by the Federal government or by most State governments until they are distributed
• Money contributed may grow through investments in stocks, mutual funds, money market funds, savings accounts, and other investment vehicles
• A 401(k) plan may allow participants to take their benefits with them when they leave the company, freeing the company from administrative burdens

Lloyd Pro Group can help design a 401(k) plan that will help you secure a financially sound investment plan for your and your employees. Fill out the form above and contact us today for more information!