401(k) Retirement Plans

401(k) Retirement Plans allow eligible employees to contribute funds to a retirement investment program. The employee can choose the amount to contribute and is deducted from the employee's paycheck before it is taxed. Premature withdrawal of funds from the account can result in paying high tax percentages and other penalty fees against the investor.

There are various 401(k) Retirement Plan programs, each with a different investment portfolio. LHUI and our employee benefits specialists can help guide your employees to understand the rules and regulations of 401(k) Retirement Plans. We can also help educate your employee decided on the right investment portfolio.