Once your business is set up with a 401k program through First United, your employees can make pre-tax contributions to their very own retirement account. Employers can match a percentage of those contributions to help them grow even faster.
- Employee is the primary contributor
- Employer can match a percentage of the contribution
- Contributions and earnings may be withdrawn without a 10% additional tax at or after age 59½
If you want your community to survive and thrive, you’ve got to support it. The VIP service we get from My Bank makes it possible for Andy and I to coach the local little league, T-ball and serve on the Frostburg City Council. First United is a hometown bank that supports hometowns… and the people who live here.