July 5, 2025

In this episode, we sit down with Justin Wagner, AIF®, Henssler Financial’s Director of Business Development, to explore the real value of offering—and participating in—a 401(k) plan.

For employers, we discuss the end of traditional pensions and why the shift toward defined contribution plans like the 401(k) makes sense today. Justin explains how company contributions are tax deductible, how a strong plan can enhance your ability to attract and retain top talent, and how it can make your company more appealing by demonstrating a commitment to employees' long-term financial wellness.

On the employee side, we break down how contributions can reduce taxable income, the benefits of employer matching, the advantages of tax-deferred growth, and current annual contribution limits. Plus, we address some of the most common myths and misconceptions that prevent people from fully maximizing this powerful retirement tool.

Whether you're an employer considering a plan or an employee looking to make smarter retirement decisions, this episode has something for you.

Join hosts Nick Antonucci, CVA, CEPA, Director of Research, and Managing Associates K.C. Smith, CFP®, CEPA, and D.J. Barker, CWS®, and Kelly-Lynne Scalice, a seasoned communicator and host, on Henssler Money Talks as they explore key financial strategies to help investors navigate market uncertainty.

Tagged financial wellness, employer-sponsored plan, payroll deduction, 401(k), tax-deferred, IRS limits, fiduciary responsibility, pre-tax contributions, retirement planning, retirement savings, vesting, savings incentives, retirement plan, rollover, tax advantages, employer match, plan administrator, participant loans, investment options, fiduciary, required minimum distributions (RMDs), Roth 401(k), employee benefits, plan compliance, Contribution limits, retirement account, plan sponsor, catch-up contributions, defined contribution, plan participant.