If you’re a small business, you probably don’t offer a 401(k) plan for your employees. However, it could be very beneficial to look into it. If you’re not saving for retirement, chances are your employees aren’t either.
About 60% of small business owners don’t save the money they need for retirement. But a small business 401(k) provides desirable employee benefits as well as special tax incentives that you can take advantage of when offering retirement plans to your employees. The days when a 401(k) were outrageously expensive are gone. Check out this article to find out why.