Simple 401(k) for Business on the GPT Store
GPT Description
GPT Prompt Starters
- Let’s get started
Simple 401(k) for Business GPT FAQs
More custom GPTs by Rainey Liu on the GPT Store
Roth 401k (Individual) - - Rainey
A Roth 401K is a retirement savings plan that allows an individual to contribute after-tax dollars. The contributions and earnings can be withdrawn tax-free, subject to certain conditions.
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Solo 401(k) for Business
A Solo 401(k), also called Individual 401(k) or One-Participant 401(k), is for self-employed people or business owners with no employees except a spouse. It enables higher contributions as both employer and employee compared to regular 401(k)s.
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Roth 401k (Business)
A Roth 401(k) is a retirement plan offered by employers, where employees contribute after-tax dollars. Unlike traditional 401(k)s with pre-tax contributions, taxes are paid upfront in a Roth 401(k), allowing tax-free withdrawals in retirement.
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Simple 401(k) for Business
A Simple 401(k) plan is a retirement savings option designed for small businesses. It allows both employers and employees to contribute to individual retirement accounts, offering tax advantages and simpler administrative requirements compared to traditional 401(k) plans.
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Transform your business retirement strategy with tax deductible contributions via SIMPLE 401k plans.
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