Advantages of an "EZ" Plan
Your Advantages
You benefit because an "EZ" plan:
- Allows a maximum annual contribution of 25% of compensation up to $44,000.
- Helps recruit and keep quality employees.
- Is easy to establish.
Employee Advantages
Plan members benefit because an "EZ" plan allows them to:
- Defer taxes on the amount saved and its earnings.
- Build their retirement savings.
