401K Plans Dover DE

This page provides relevant content and local businesses that can help with your search for information on 401K Plans. You will find informative articles about 401K Plans, including "What is a 401K?". Below you will also find local businesses that may provide the products or services you are looking for. Please scroll down to find the local resources in Dover, DE that can help answer your questions about 401K Plans.

Mr. Dion L. Williams, CFP®
(302) 672-1445
270 Beiser Blvd
Dover, DE
Firm
Del-One Federal Credit Union

Data Provided By:
Mr. Michael B. Gast, CFP®
(302) 735-2092
121 South State Street
Dover, DE
Firm
M & T Bank

Data Provided By:
Mr. Christopher S. Hayes, CFP®
(302) 736-7728
55 Kings Hwy
Dover, DE
Firm
Merrill Lynch
Areas of Specialization
Asset Allocation, Charitable Giving, Comprehensive Financial Planning, Divorce Issues, Education Planning, Estate Planning, General Financial Planning

Data Provided By:
Mr. Jeffrey T Puglia, CFP®
(302) 265-2236
223A S Rehoboth Blvd Ste A
Milford, DE
Firm
Lpl Holdings, Inc
Areas of Specialization
Asset Allocation, Business Succession Planning, Comprehensive Financial Planning, Debt Management, Divorce Issues, Employee and Employer Plan Benefits, Estate Planning
Key Considerations
Average Net Worth: $500,001 - $1,000,000

Average Income: $50,001 - $100,000

Profession: Not Applicable

Data Provided By:
Joan Sharp
Life Strategies, LLC
(302) 324-5363
42 Read's Way, New Castle Corp. Commons
New Castle, DE
Expertises
Helping Clients Identify & Achieve Goals, Newlyweds & Novice Investors, Special Needs Planning, Planning Issues for Unmarried & Same-Sex Couples, Women's Financial Planning Issues
Certifications
NAPFA Registered Financial Advisor, CAP, CFP®, ChFc, MSFS

Mr. Jeffrey L. Gehrmann, CFP®
(302) 735-8272
139 S State St
Dover, DE
Firm
M&T Securities, Inc.

Data Provided By:
Mr. William Lawrence Corsino, CFP®
(800) 856-9412
55 Kings Hwy
Dover, DE
Firm
Merrill Lynch, Pierce, Fenner & Smith Incorporated
Areas of Specialization
Asset Allocation, Banking, Comprehensive Financial Planning, Debt Management, Divorce Issues, Education Planning, General Financial Planning
Key Considerations
Average Net Worth: $1,000,001 - $5,000,000

Average Income: $100,001 - $250,000

Profession: Not Applicable

Data Provided By:
Mr. Stephen R Price, CFP®
(302) 659-6783
600 Jimmy Dr
Smyrna, DE
Firm
M&T Bank
Areas of Specialization
Banking

Data Provided By:
Burwell Hutchinson
Fischer & Hutchinson Wealth Advisors, LLC
(302) 644-3540
404 E. Savannah Road
Lewes, DE
Expertises
Ongoing Investment Management, Retirement Planning & Distribution Rules, Planning Concerns for Corporate Executives, Real Estate Investments, Estate & Generational Planning Issues, Tax Planning
Certifications
NAPFA Registered Financial Advisor, CFP®, CPA

Burwell Hutchinson
Fischer & Hutchinson Wealth Advisors, LLC
(302) 442-4233
5560 Kirkwood Highway
Wilmington, DE
Expertises
Ongoing Investment Management, Retirement Planning & Distribution Rules, Planning Concerns for Corporate Executives, Real Estate Investments, Estate & Generational Planning Issues, Tax Planning
Certifications
NAPFA Registered Financial Advisor, CFP®, CPA

Data Provided By:

What is a 401K?

Answer:
A 401K is an employer-sponsored retirement plan

that allows employees to deduct a percentage from their paychecks, which are invested into the fund. The amount that is put into a 401K is tax deductible, up to certain limits.

Typically, companies offer to contribute a certain amount as well to each employee’s account. This contribution is generally setup so the company will only contribute the same percentage the employee does or less.

For example, if you invest 6 percent of your pretax income into your 401K, depending on the company, your company may contribute another 6 percent for you, or perhaps only 3 percent. The amount matched is up to the employer. You will also gain the benefit of having to pay taxes on 6 percent less of your income as the 401K investment is tax-deferred .

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