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Payroll-deducted IRAs are available to all
employees through Staff One, regardless of whether their worksite
employer chooses to adopt the Staff One 401(k) plan. Employees may set up a
Traditional, Education or Roth IRA account with one of four mutual fund
companies:
- Scudder Investments
- Fidelity Investments
- Oppenheimer Funds
- American Funds
Contributions to the account are
made through after-tax payroll deductions processed by Staff One. Employees may
use IRAs as a standalone benefit, or as a supplement to a 401(k) plan. This may
also be a good supplementary vehicle for highly-compensated employees who have
reached their contribution limits in a 401(k).
Planning for retirement never looked this good. One Source. Many Solutions.
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