401K Planning for Small Businesses in Rochester, New York

A 401K is a workplace savings plan that lets employees invest a portion of their paycheck before taxes are taken out. The savings can grow tax free until retirement, at which point withdrawals will be taxed as ordinary income. A large majority of employers will match an employee’s contribution – up to a point – thereby boosting the employee’s savings rate.

While having a 401K program creates an attractive benefit to potential employees and improves employee retention, it also can provide a tax savings. Because overall employees’ taxable income is reduced with pre-tax 401K contributions, overall employer payroll taxes may be reduced significantly.

TEC Consulting LLC has digital marketing experts in the major metropolitan areas of Rochester, New York, Including: Brockport, Hamlin, Hilton, Clarkson, Sweden, Ogden, Parma, Riga, Spencerport, Greece, Gates, Churchville, Gates-Chili, Charlotte, Scottsville, Irondequoit, Webster, Penfield, East Rochester, Henrietta, Brighton, Fairport, Perinton, Pittsford, Mendon, Honeoye Falls, Rush, Victor, Farmington, and Victor, New York.


Contact our Rochester, NY Digital Marketing Office to discuss your internet marketing needs.