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- Contributions and earnings may be withdrawn without a 10% additional tax at or after age 59½
First United takes the stress out of managing business finances.