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eflat123

401k alternative for small company...

eflat123
20 years ago

My employer killed our 401k at the end of 2002 because the cost of it was too high. We are less than 20 people. I think it had to do with many of us falling into the "highly-compensated" category and the safe-harbor provisions...dunno. In taking a preliminary look at my 2003 income tax situation, I really miss that 401k...

Besides the traditional/Roth IRA's that each one of us can individually set up, are there any alternatives for a small (cost-conscious) company to investigate?

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