Fourward Thinking: Your 401(k) Game Plan
By Nick Hemsted
Use your 401(k) to reward and retain top talent.
Consider adding profit-sharing or a vesting schedule that encourages loyalty. Smart design supports your growth strategy. Benefits can be tools, not just expenses.
A cash balance plan may be right for your company.
If you're highly profitable and want to supercharge retirement savings, it can allow $100K+ contributions for owners. Combine it with a 401(k) for maximum tax efficiency. Ask your advisor if it fits
Your plan should serve your team—not just your top earners.
Make it inclusive. Review eligibility, vesting, and loan provisions. If your plan only benefits the C-suite, it could fail compliance tests. Design for everyone.
Your employees trust you with their future.
A 401(k) is more than a benefit—it’s a promise. Run it with intention, monitor it like your business, and treat it with the care it deserves. Because they’re not just investing—they’re believing in you.
Planning doesn’t have to be about control.
It can be about freedom.
We work with people who want more intention - not more to-do lists.
Disclosures: This blog contains general information that may not be suitable for everyone. The information contained herein should not be construed as personalized investment advice. There is no guarantee that the views and opinions expressed in this blog will come to pass. Investing in the stock market involves gains and losses and may not be suitable for all investors. Information presented herein is subject to change without notice and should not be considered as a solicitation to buy or sell any security. Legacy Financial Group does not offer legal or tax advice. Please consult the appropriate professional regarding your individual circumstance. Past performance is no guarantee of future results.
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