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I'm starting a new business I need help running my business Wills & Estate Planning

Can LLCs establish 401(K) plans or other tax-favored retirement plans for members?

 

A: Yes.  There is not distinction between LLCs and corporations in this area.  LLCs may sponsor federally tax-favored retirement plans for members.




The Kramer Law Firm LLC
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Rockville, MD 20850

Maryland Small Business Lawyers
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The Kramer Law Firm LLC represents small business clients throughout Washington, D.C. and Montgomery and Prince George's Counties in Maryland, including the communities of Bethesda, Bowie, Chevy Chase, Gaithersburg, Germantown, Laurel, Potomac, Rockville and Silver Spring and all of the surrounding areas.

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