Cody Chamber Group 401(k) Enrollment Survey |
The Cody Country Chamber of Commerce is now working with Absaroka Wealth Management to offer a Group 401(k) Plan that can be adopted by member businesses. The survey below will gather specific information on who would like to participate.
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An earlier survey informed us that there is enough interest among our members to support a successful Group 401(k) Plan.
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If your business is interested in learning more about the terms of the plan, please fill out this short survey below so we can contact you for more details.
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Please contact the Cody Chamber directly if you have any questions.
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Additional Information:
This will allow your business to potentially benefit from lower costs and lower administrative burden to operate a 401(k) Plan for your employees to participate in. Offering a 401(k) Plan can be a great way to attract and retain employees.
Your business can offer a retirement plan to your employees and receive tax credits for offering the plan. You can receive the following tax credits:
· A Credit for Startup Costs in the first three years of offering a retirement plan. This can cover up to 50% of your eligible startup costs.
· An Auto-Enrollment Tax Credit of $500/year for the first three years if you include a feature to automatically enroll employees into your retirement plan.