401(k) Plan
Our 401(k) plan solutions provide robust platforms for your employees’ retirement savings, balancing flexibility, tax advantages, and growth potential.
Unlocking the Power of 401(k) Plans
A 401(k) plan is a powerful tool for businesses to attract and retain quality employees by offering them a tax-advantaged method to save for retirement. Employees can contribute a portion of their pre-tax salary, often matched by employer contributions, growing their savings tax-deferred until withdrawal in retirement.
- Savings Supercharged: The power of pre-tax contributions and tax-deferred growth can supercharge your employees' retirement savings.
- Employer Contributions: Boost employee morale and participation with optional matching or non-elective contributions.
- Loan and Hardship Withdrawals: Provide your employees with financial flexibility during times of need.
- Wide Investment Choices: Offer your employees a diverse array of investment options to match their risk tolerance and retirement goals.
Your 401(k) Plan Ally with Prosperity
Prosperity Financial Group offers a comprehensive suite of 401(k) plan services, including plan design, investment selection, and administration. With our in-depth industry knowledge and commitment to personalized service, we ensure your plan aligns with your business goals and delivers a valuable benefit to your employees.
You’re in GOOD Company
More than 4,500 employees at over 30 companies save with Prosperity 401(k) Advisors.
401k Resources
2024 IRS Updates: 401(k), IRA, & More
The Internal Revenue Service (IRS) has announced significant updates for 2024, impacting various retirement plans, including 401(k), Individual Retirement Accounts (IRA), and Roth IRAs. These changes, primarily influenced by cost-of-living
Boosting Executive Retention with Split-Dollar Life Insurance
In the competitive corporate landscape, attracting and retaining executive talent goes beyond offering a top salary. Today, savvy companies are looking toward more comprehensive compensation packages, where tools like Split-Dollar
Strategies to Retain Top Corporate Talent
Today’s world is evolving rapidly, making it more challenging than ever to attract and hold onto talented employees, particularly senior management. Here are some strategies that might be beneficial, and
