Employer Retirement Plans - WallStreet E Online Brokerage

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By: WallStreetE
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Updated: 02-Apr-09
Videos: 74

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Added: 05-May-08

Some things just go together. And so it is with employers and their employee retirement plans… Employees get retirement income, employers get a tax deduction. Traditional pensions and profit sharing-plans are funded 100% by the employer, and everyone gets to participate. With Salary Reduction Plans… only eligible employees get to put away a percentage of their salary, pre-tax. In the best plans, employers contribute or match contributions. You won’t pay taxes on that money until you start withdrawing…years from now…when you’re retired and in a lower tax bracket or too rich to care. But where pensions are automatic