401K Planning for Small Businesses in Toledo, Ohio

A 401K is a workplace savings plan that lets employees invest a portion of their paycheck before taxes are taken out. The savings can grow tax free until retirement, at which point withdrawals will be taxed as ordinary income. A large majority of employers will match an employee’s contribution – up to a point – thereby boosting the employee’s savings rate.

While having a 401K program creates an attractive benefit to potential employees and improves employee retention, it also can provide a tax savings. Because overall employees’ taxable income is reduced with pre-tax 401K contributions, overall employer payroll taxes may be reduced significantly.

TEC Consulting LLC has digital marketing experts in the major metropolitan areas of Toledo, Ohio, Including: Oregon, Perrysburg, Maumee, Sylvania, Bowling Green,
Fremont, Napoleon, and Fostoria, OH. Our digital marketing experts also service the following cities in Michigan including: Woodhaven, Trenton, Monroe, Adrian, and Grosse Ile, MI.


Contact our Toledo, Ohio Digital Marketing Office to discuss your internet marketing needs.