In today’s world, retirement plans such as a 401(k) are not only commonplace, but are almost a requirement. Whether you are talking about attracting new talent or retaining your current employees, giving people the opportunity to save for their retirement is something most employers need to consider. Defined benefit plans are far less common these days. As such, most employees are realizing the need to plan for their own retirement. Sure, employers will reap the benefits of their company contributions being tax deductible, but what if there was another way a contractor could leverage their retirement plan to help make bids more competitive? The Davis Bacon Act can allow employers to do just that.
By: G. David Sload, ABC President-CEO It was September 1981, and a bright young lady entered the offices of the ABC Keystone Chapter to begin what would become a storied […]