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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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