Tax Sheltered Retirement Plans

401(K) Plan

In addition to discretionary contributions by the company, each eligible employee can voluntarily contribute a portion of his/her wages to the plan. These amounts are excluded from the employee’s gross income, reducing that year’s federal income taxes. 

These plans offer generous tax benefits. Contributions are tax deductible; and contributions, income, and capital gains are tax-deferred while invested in the plan.

(Trust Products are not FDIC Insured)