Find out how much you'll need to save each year to retire in style. The deadline is October 1. Employer contributions are fully deductible as a business expense. Jacobs chose the matching-contribution option, so his employees are reminded each pay period that the company is sharing the wealth. From an administrative viewpoint, it couldn't be easier.
Employees select their own investments.
Making the right choice Consultant Dan Maul of Seattle helped Jacobs choose the right retirement plan. Maul surveyed MetroCellular's employees to determine their interest and expected contribution levels, and compared costs of various alternatives. But, he warns, not all of them may be willing to take your money. They also offer broad investment choices and provide good phone and Internet support. Ameritrade and TD Waterhouse .