Robin Solomon Quoted on the Value of 401(k) Contributions

Robin Solomon was quoted on the importance of 401(k) plan contributions, in the May 18, 2017 article called “The Smartest Employee Benefits Small Businesses Are Offering”.

“Another smart benefit is an employer contribution to a retirement account, such as a 401(k) plan,” Robin Solomon, a Benefits and Tax Attorney with Ivins, Phillips & Barker, says. “These contributions are not currently taxable to the employee, and the compound interest can accumulate into a tidy pile at retirement. If the employer cannot afford to contribute, it can at least provide a mechanism for employees to contribute their own funds on a pre-tax or Roth basis.”