401K Planning for Small Businesses in Arlington, TX

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 Group LLC has digital marketing experts in the major metropolitan areas of Arlington, TX, Including: Grand Prairie, Hurst, Euless, Bedford, Richland Hills, North Richland Hills, Colleyville, Haltom City, Irving, Forest Hill, Mansfield, Watauga, Duncanville, Fort Worth, and Cedar Hill, Texas.

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Contact our Arlington, Texas Digital Marketing Office to discuss your internet marketing needs.