Tax deferred retirement accounts allow employees to contribute pre-taxed income into 401(k), Simple Plans, and 403(b) and 457(b) plans where they are not taxed until the employee retires and begins receiving payments/distributions. Many employers offer their employees the option to invest in these retirement accounts, but should it be mandatory for every company to offer their employees a retirement plan?
What do you think?
Should it be mandatory for employers to offer their employees a retirement account?
What are the benefits of offering a retirement plan to employees?
What are the drawbacks?
How would it impact a small business owner?
Who absorbs the cost?
Do employers have to match employee contributions?
What benefits do employers receive for matching employee contributions?