If you own a business, then you might have to think about offering employee benefits administration. Though you have probably already thought about the healthcare needs of your employees, you might not have thought about the importance of contacting a 401 k plan trustee. If you want to offer your employees the best possible chance to plan for their future, you should contact a 401 k plan trustee to consult with you and your employees as soon as possible. Here are a few more important facts you need to know about 401ks and the types of employee benefit plans that are available before you decide to call someone.

The section of the Internal Revenue Code that made 401(k) plans possible was enacted into law in 1978 and has been providing working Americans with a great way to save for their futures ever since.

A 401(k) is a retirement savings plan sponsored by an employer, and often paid partially by them as well. In fact, the 401(k) is one of the most popular retirement plans around because of the fact that it is one of the easiest ways to save since so little work is needed to add to it.

Did you know that employers are allowed to automatically enroll their employees in 401(k) plans? If they do this, they require employees to actively opt out if they do not want to participate. Though, as of yet, there are not a whole lot of reasons not to invest if your employer offers the option of opting into an employee benefits planning program.

Whether you decide to offer your employees the option of opting into a 401 k program or you decide to offer them other means of investing for their retirement, you should contact a financial advisor to help you with all the confusing and complicated details that will be involved as early in the process as you can. Helpful sites.