ATTRACTIVE OFFICE FOR LEASE:ADDRESS: 1620 N. Placentia Avenue, Placentia, CA 92870CONTACT: 714-986-2222 or svlinvestmentteam@svlinvestment.com 1/ Two offices: One with window/view2/ Approximately 310 rental square feet3/ Rent: $725/month (including janitorial and electric/water)4/ Deposit: 1 month rent ($725)5/ Lease term: 1-2 years lease6/ Neighbors: Placentia Chamber of Commerce (Suite 220), Christian Educators Association International (Suite 200)7/ Street signage is available (on our street
What Is a 401(k)? A 401(k) is a retirement savings plan that provides tax advantages to savers. Named after a section of the U.S. Internal Revenue Code, the 401(k) is an employer-provided, defined contribution plan. The employer may match employee contributions; with some plans, the match is mandatory. There are two major types of 401(k)s: traditional and Roth. With a traditional 401(k), employee contributions are pretax, meaning they reduce taxable income, but withdrawals in retirement are taxed. Employee
Advantages of Defined Benefit Plan over Profit Sharing Plan and 401k 1. Higher Contribution LimitsDefined Benefit Plans allow much larger annual contributions—often several times higher than Profit-Sharing or 401(k) plans.Contributions are based on the participant’s age, income, and desired retirement benefit, potentially exceeding $300,000+ per year for older, high-income earners.By contrast, 401(k) and Profit-Sharing Plans are capped at around $69,000 total (2024) including employer and employee