If you’re a business-owner who wants to offer your employees a 401K retirement plan, getting help from a qualified insurance agent can help. Just like most other retirement plans, a 401K has certain rules you have to be aware of, and even though they’re not necessarily complicated, newbies to this plan need to know what they are. The right agent can help you learn all about 401K benefits in Tampa, FL so that you can be familiar with them and can explain them properly to your employees.
Making Sure You Know What It’s About
A 401K plan is a popular plan, and it’s one where both the employee and employer contribute to, which most people already know. This is a tax-deferred plan, which means you’re not taxed on the amounts you contribute until after you retire and start taking the money out of the account. Agencies such as Affordable Insurance Team will explain all of these things in more detail so that you can feel confident when you go before your employees to explain it to them.
Giving Your Employees the Best
Learning about 401K benefits in Tampa, FL isn’t difficult, but working with a good insurance agent is still recommended because they can answer your questions and make sure you understand all of the ins and outs of this retirement plan before you go any further. They can also help you set up other accounts that might be necessary for your employees, and all you have to do to get started is give one of them a call.
