At Louisiana Insurance Group, we offer customized 401K retirement savings plans for your employees. However large or small your business, a strong benefits package is an important part of any company for attracting and retaining quality, long-term staff. As an employer, a 401K retirement plan is an efficient way to show employees that you value their time with your business.
A 401K plan is an employer-sponsored retirement savings system in which an employee has the option to deduct a particular amount of money from each paycheck. The decided amount is taken out pre-tax, meaning you pay less income tax, and many times is matched by the employer. Overall, a 401K is the easiest way to invest tax-free and to save for the future.