Once your business is set up with a 401k program through First United, your employees can make pre-tax contributions to their very own retirement account. Employers can match a percentage of those contributions to help them grow even faster.
- Employee is the primary contributor
- Employer can match a percentage of the contribution
- Contributions and earnings may be withdrawn without a 10% additional tax at or after age 59½
“They provide us not only with loans for our buildings and properties and a line of credit to do business with, but they’ve helped us with recommending other things we can do to make our business more profitable.”