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what are the advantages and disadvantages for providing a 401 k match from the employer's perspective?

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Accounting

what are the advantages and disadvantages for providing a 401 kmatch from the employer's perspective?

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The number of companies offering 401k plans to their employees has grown steadily for decades In many cases offering a 401k is essential to hiring the right people A 401k is an employersponsored retirement plan to which employees can make contributions on a posttax or pretax basis Sponsors can make matching or nonelective contributions and can add a profitsharing feature to    See Answer
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