Feb
19
2016

Timing is everything with investing and the same could be said for setting up your practice’s 401(k) plan. It is the rare practice manager who recognizes the groundwork for adopting the plan is best done early in the year.

Considering a 401(k) plan involves eligible employees electing to defer salary, the more payroll periods there are available, the less noticeable the impact is on take home pay. Contributions must be sent to the retirement plan to be invested, so coordination with your payroll system will be necessary and eligible employees will need to decide how to invest.

So, when is the best time to consider setting up your practice’s new 401(k) plan for 2016? Quite simply, the answer is now.

The retirement solutions offered by AXA Equitable are an exclusive AAHA member benefit. The plan choices and services are designed to reduce the hassle and anxiety associated with retirement planning. From setup to administration, you have access to dedicated professionals experienced in retirement planning.

Contact a Members Retirement Program specialist today at 1-800-523-1125, ext. 2196 or visit us at axa2plan.com.

Please be advised that this document is not intended as legal or tax advice. Accordingly, any advice provided in this document is not intended or written to be used, and cannot be used, by any taxpayer for the purpose of avoiding penalties that may be imposed on the taxpayer. Such advice was written to support the promotion or marketing of the transaction(s) or matter(s) addressed, and you should seek advice based on your particular circumstances from an independent tax advisor.

The Members Retirement Program (contract form #6059) is funded by a group variable annuity contract issued and distributed by AXA Equitable Life Insurance Company (New York, N.Y. 10104, 212-314-6400). AXA Equitable, its distributors, and their respective representatives do not provide tax, accounting, or legal advice.

GE-100209A (2/15) (exp. 2/17)

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