401K Plans Huntington WV

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 Huntington, WV that can help answer your questions about 401K Plans.

Mr. Robert P. Simmons, CFP®
(800) 505-2030
704 4th Avenue
Huntington, WV
Firm
RBC Wealth Management
Areas of Specialization
Asset Allocation, Business Succession Planning, Education Planning, Estate Planning, Long-Term Care, Retirement Income Management, Wealth Management
Key Considerations
Average Net Worth: $250,001 - $500,000

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

Profession: Not Applicable

Data Provided By:
Mr. John J. Sartaine, CFP®
(304) 528-7084
1200 3rd Ave
Huntington, WV
Firm
Morgan Stanley
Areas of Specialization
General Financial Planning, Investment Management, Retirement Planning
Key Considerations
Average Net Worth: $1,000,001 - $5,000,000

Average Income: $250,001 - $500,000

Profession: Medical/Dental Professionals

Data Provided By:
Mr. W. Bret Hensley, CFP®
(304) 302-0272
609 Central Ave
Barboursville, WV
Firm
Creative Financial Solutions LLC
Areas of Specialization
Comprehensive Financial Planning, Investment Management, Tax Preparation

Data Provided By:
Mr. Wesley H Richardson, CFP®
(304) 733-0011
102 Meadow Pointe
Barboursville, WV
Firm
Northwestern Mutual Financial Network
Areas of Specialization
Asset Allocation, Business Succession Planning, Charitable Giving, Comprehensive Financial Planning, Employee and Employer Plan Benefits, Estate Planning, Insurance Planning

Data Provided By:
Mr. Michael W. Hobbs, CFP®
(606) 325-0404
503 Amanda Furnace Circle
Ashland, KY
Firm
Hobbs Financial Management LLC

Data Provided By:
Mrs. Brandon B. Roisman, CFP®
(304) 529-1000
1200 3rd Ave
Huntington, WV
Firm
Morgan Stanley Wealth Management
Areas of Specialization
Estate Planning, Insurance Planning, Investment Planning, Long-Term Care, Mortgages, Retirement Planning, Wealth Management

Data Provided By:
Mr. James D. Perry Jr., CFP®
(304) 529-6500
300 Tenth Street
Huntington, WV
Firm
JJB Hilliard WL Lyons Inc

Data Provided By:
Brandon Michael Cline, CFP®
(304) 733-0011
PO Box 207
Barboursville, WV
Firm
Northwestern Mutual®
Areas of Specialization
Business Succession Planning, Comprehensive Financial Planning, Estate Planning, Insurance Planning, Investment Management, Retirement Planning, Special Needs Planning
Key Considerations
Average Net Worth: $1,000,001 - $5,000,000

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

Profession: Medical/Dental Professionals

Data Provided By:
Mr. Steven L. Simmerman, CFP®
(606) 920-9673
1600 Carter Avenue
Ashland, KY
Firm
Raymond James & Associates

Data Provided By:
Mr. Shaun Alan Kiser, CFP®
(606) 834-3027
900 Diederich Blvd
Russell, KY
Firm
Peoples Bank
Areas of Specialization
Investment Management

Data Provided By:
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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