Offline 401k Suites vs. Online

I run a graphics design firm from my home that caters to a few businesses in the neighborhood. Some of my employees work from home while a couple are based in my home office. I need a 401k plan that can be accessed by all of my employees irrespective of where they work from. Christina P. Smartt, PhiladelphiaPA 19103

Christina, the best option for you is to look for an online 401k suite like the one offered at These are software packages that can be operated by you or your employee from any place. Here is how it works.

In general, online 401k suites are the ones that are easiest to manage because you do not need to be at your desk to update records or view your account status. The software of your online 401k version is usually housed on a secure server. When you want to pull up your 401k account all you have to do is get to a computer with an internet connection, log in and start accessing the account.

A good 401k suite will let you customize the plan to match your unique needs. With a online 401k suite like this one, your work from home employees can access their account right from their homes while you and the employees working out of your home office can do so right here. Make sure to check all the features of the plan before you sign up for an online 401k DIY package. The 401k suite should give your employees the flexibility to change their investment choices, modify personal details and opt for different plan options. Of course, any new employees should also be able to view all the details about the plan and join online too.

About Elliot Earl, Director, Pension Trade Association
Director, Pension Trade Association Founded in 1982, the Pension Trade Association [California Domestic Nonprofit Corporation #C1629080] is dedicated to helping workers save for their retirement through expanded coverage of 401k -type defined contribution pension plans.

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