HalSi Offers 401k Plans
We are extremely pleased to announce that we are now offering 401k retirement plans! 401(k) plans can be a powerful tool in promoting financial security in retirement. They are a valuable option for businesses considering a retirement plan, providing benefits to employees and their employers.
What are the benefits of a 401(k) Plan to an employer?
- A 401(k) plan can help attract and keep talented employees.
- Employers are entitled to a tax deduction for contributions to employees’ accounts.
- Contributions and earnings generally are not taxed by the Federal Government or by most State governments until they are distributed.
What are the benefits of a 401(k) Plan to employees?
- It allows participants to decide how much to contribute to their accounts.
- The money contributed may grow through investments in stocks, bonds, mutual funds, money market funds, savings accounts, and other investment vehicles.
- Contributions and earnings generally are not taxed by the Federal Government or by most State governments until they are distributed.
- A 401(k) plan may allow participants to take their benefits with them when they leave the company, easing administrative responsibilities.