With the job market improving many companies are asking the question, “Does my company need a 401(k) Plan?” A retirement plan is a good retention tool for employers. Employees not only want a good paying job, but they also want a way to put some money away for retirement. If your business doesn’t offer a retirement plan, you could be at a disadvantage to your competitors when it comes to retaining your top employees.
There are many different varieties of retirement plans and many different limits for each one. Check out Dave Cash’s blog for a list of these limits.
Cook Martin Poulson offers retirement plan consulting where we will sit down and discuss the various options you have. We can get you set up with a plan that will not only allow you to keep your top employees, but also be able to recruit future leaders for your business.