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Other Ascensus retirement services include individual 401(k), business 401(k), MEP 401(k), PEP 401(k), defined benefit plans, SEP IRA, profit-sharing, and non-qualified deferred compensation programs.
And most companies that offer 401(k) plans also offer a match. Still, a 401(k) match at employer A could be better (or worse) than employer B, so pay close attention to the details of your plan.
Indeed, some employers offer some really generous matches (think more than 100%). Key Points 401k matches are wise to take advantage of if you’re able to make the contributions.
It is not mandatory for a company to offer a contribution to their 401(k) plans. Contributions may benefit the company in various ways: as an employee benefit to attract and retain employees , as a business tax deduction , or as a safe harbor contribution to automatically pass certain annual testing of the plan required by the IRS and ...
Colonial Life began offering accident and cancer insurance policies to employees using pre-tax dollars in 1985. [5] These policies accounted for half of all new policies issued by the company by 1990. [5] In 1989, Colonial Life created a holding company, Colonial Companies, Inc. [8] Colonial Life became a wholly owned subsidiary of Colonial ...
In addition to offering employees a profit-sharing retirement plan, it offers pretax and after-tax 401(k) plans with a company match. Employees get a 100% match of contributions of up to 3% of ...
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