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Planning for your future is now a Snap!  Snap401k was designed for small businesses. We provide: Enrolling in a Snap401k gives you a head start on your long-term financial security. Not only will you begin saving money immediately, a 401k also reduces the income taxes you pay and allows your money to grow on tax-deferred basis. And the earlier you enroll and begin making contributions, the more substantial retirement account your will develop over time. The popularity of 401k plans is a significant factor in attracting and retaining valuable employees in today’s competitive job market. A Snap401k is a strong factor in building strong, lasting relationships with your employees. Choose from the industry’s best companies, like:
401(k) Employer benefits:- Save and invest for your future.
- A well-designed 401k plan can help attract and keep talented employees.
- It allows participants to contribute to their accounts on a before-tax basis.
- Employers are entitled to a tax deduction for their contributions to employees’ accounts.
- Contributions and earnings generally are not taxed by the Federal government or by most State governments until they are distributed.
- Online mutual fund research
| | 401(k) Employee benefits:- Save and invest for your employees’ future.
- Defer paying taxes on a percentage of their compensation until their retirement years, when their tax bracket is usually lower.
- Allow employees a potential source of money in times of need (new home, education, emergency). The interest paid when borrowing from a 401k is credited to the employee's account, unlike interest on loans obtained from financial institutions.
- Higher contribution level than with an IRA ($15,500 in 2008 for a 401k versus $5,000 for an IRA)
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