Start Saving for Your Retirement Now!
Payroll Masters is excited to offer businesses a variety of retirement packages through The Online 401(k) that are seamlessly integrated with your payroll. The Online 401(k) is a web-based retirement plan solution built to address the needs of small businesses. Payroll Masters automatically deducts money out of your employees’ paychecks each pay period then automatically uploads your payroll data and 401(k) contribution data to The Online 401(k). The Online 401(k) deposits your 401(k) contributions via the Automated Clearing House (ACH) Network to the financial institution or “custodian” holding your assets. Clients can manage their plans even after market hours from the Online 401(k)/Payroll Masters website.

About The Online 401(k)
The Online 401(k) serves more than 3,300 businesses across 50 states and continues to grow. The company’s philosophy is simple: providing affordable, flexible, easy-to-use 401(k) plans for businesses with fewer than 100 employees. The government even provides a $500 tax credit to small businesses that set up a 401(k) plan, for the first 3 years it’s in place. In addition, the expenses your company incurs (including matches and what you pay to manage the plan) are tax-deductible! The Online 401(k) will help you determine which type of retirement plan is right for you and your employees. Financial planners are available in your area to help guide you through the process. In addition, The Online 401(k) offers an automatic enrollment feature.