Advantages of a Money Purchase Plan
Your Advantages
You benefit because a money purchase plan:
- Lets you deduct your contributions from taxes as a business expense
- Helps recruit and keep quality employees
Employee Advantages
Plan members benefit because a money purchase plan allows them to:
- Know how much is being contributed to their accounts
- Defer taxes on the amount saved and its earnings until the plan pays benefits
Please contact us for more information at 1.800.243.4896.
