401(k) Plans

Want to Offer Employees a Way to Save for Retirement With Certain Tax Advantages
Prefer Flexibility in Types of Investment Vehicles for Participant
Desire to Offer Employer-Matched Contributions

Ask About 401(k) Safe Harbor

Provide Flexibility to Employees, While Maximizing Owner Contributions

	Who Contributes	Investment Vehicles	Good For ...
401(k)	Employee & Employer	Variety of Non-Insured Investments²	Larger Companies or Companies Willing to Pay Higher Administrative Costs for Greater Investment Flexibility
Defined Benefit Plan	Typically Employer, In Some Cases Employee Contributions Are Permitted or Required	Structured as a Liability Paid According to a Formula at Retirement	Business That Want to Offer Funds for Retirement Not Tied to the Success of an Investment
Employee Stock Option Plan (ESOP)	Employer	Company Stock	Business That Want an Option for Employees to Become Partial Owners
Roth IRA	Employee	Insured Deposit Accounts or Non-Insured Investments²	Employees Who Prefer to Pay Taxes Now to Avoid Them Later
Savings Incentive Match for Employees (SIMPLE)	Employee & Employer	Insured Deposit Accounts or Non-Insured Investments²	Small Businesses That Need a Start-up Retirement Plan
Simplified Employee Pension (SEP)	Employer	Insured Deposit Accounts or Non-Insured Investments²	Business That Want to Offer Tax-Deferred Retirement Savings
Traditional IRA	Employee	Insured Deposit Accounts or Non-Insured Investments²	Employees Who Want to Build Tax-Deferred Retirement Savings

1 Consult a qualified tax professional for details.

2 Not FDIC Insured • Not Bank Guaranteed • May Lose Value • Not Insured by Any Federal Government Agency • Not a Bank Deposit

Provide Employees Flexible Savings for Retirement