401K Planning for Small Businesses in Anchorage, Alaska

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 Anchorage, Alaska, Including: Wasilla, Palmer, Sterling, Soldotna, Kenai, Homer, Kodiak, Fairbanks, College, Bethel, and Kongiganak, Alaska as well as Beaver Creek, Burwash Landing Dawson City and Haines Junction, Canada..

Contact our Anchorage, AK Digital Marketing Office to discuss your internet marketing needs.