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Tax deferred retirement accounts allow employees to contribute pre-taxed income into 401(k), Simple Plans, and 403(b) and 457(b) plans where they are not taxed until
Tax deferred retirement accounts allow employees to contribute pre-taxed income into 401(k), Simple Plans, and 403(b) and 457(b) plans where they are not taxed until the employee retires and begins receiving payments/distributions. Many employers offer their employees the option to invest in these retirement accounts, but should it be mandatory for every company to offer their employees a retirement plan?
What do you think?
- Should it be mandatory for employers to offer their employees a retirement account?
- What are the benefits of offering a retirement plan to employees?
- What are the drawbacks?
- How would it impact a small business owner?
- Who absorbs the cost?
- Do employers have to match employee contributions?
- What benefits do employers receive for matching employee contributions?
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