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Defined Contribution/401k Plans

Defined Contribution (DC) plans are retirement savings plans in which employees and employers contribute money to individual accounts. The ultimate retirement benefit in a DC plan depends on the contributions made and the investment performance of those contributions. Here are some common types of Defined Contribution plans:

Each of these Defined Contribution plans has its own features, contribution limits, and eligibility criteria, making them suitable for different types of employers and employees. It is important to understand the different options that are available, call us to schedule an appointment to discuss each in more detail.

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