You are in a competitive labor market and want to provide employees with an attractive benefit. You want to allow employees to defer a portion of their salary on a pre-tax basis. Employer contributions are non-forfeitable when made. Employees may borrow against a portion of their account balance. Tax Deductibility Contributions are tax-deductible to your business.
Employees share a portion of the responsibility and cost of providing retirement benefits.
Payroll deduction provides an easy, disciplined way to save. Employees can tailor their investment portfolios to match individual objectives. Employees make their own contributions and investment decisions. Inc. Member SIPC Wachovia Securities, Inc. is a non-bank affiliate of Wachovia Bank, N.A. Wachovia Securities, Inc., Statement of Financial Condition as of June 30, 2001. The information contained herein is not intended to constitute an offer or solicitation for the sale of securities or brokerage services to customers in any other state or country.