Outstaffing Smart Retirement Plan

401(k) Pension Plan

All Outstaffing employees are eligible to participate in our 401(k) Pension Plan, regardless of the number of hours they work! The 401(k) Plan is a great employee benefit that can help you reduce your taxes and save for the future. Most companies have very restrictive entry requirements, in contrast, we encourage all employees (both full and part time) to participate.

If you understand the benefits of saving for your retirement and want to save more aggressively, using your pre-tax income, the IRS allows you to contribute up to to a maximum of $14,000 in 2005 (and an additional $4,000 if you are over 50) to an employer sponsored 401(k) Plan. A 401(k) plan is an excellent way to put away money for your retirement. Pre-tax contributions are made directly from your paycheck.

Best of all, the 401(k) is an employee participation plan, you get to choose exactly how your money is invested. The 401(k) Plan gives you a wide choice of investment options for the placement of your pre-tax contributions. The contributions are invested in the 401(k) Plan into individual accounts under the group trust. You are in full control of your investment options using our secure website.

It’s never to early to start to invest for your retirement!

Let compound interest start to work for you today!