401(k) Plans

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A 401(k) is a flexible retirement plan that can help employees invest and save for retirement. Employees invest a portion of their wages into an individual account. Employers can also contribute to the account.

Features and benefits:

  • Funded by payroll deductions
  • Roth Savings
  • Employer has discretion to match employee contributions
  • Allows more investment choices
  • Employer may be eligible for tax deduction
  • Employee retention
  • Offers traditional pre-tax deferrals or Roth deferrals

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Advisory products and services offered by Investment Advisory Representatives through Uwharrie Investment Advisors, a Registered Investment Advisor and subsidiary of Uwharrie Capital Corp and an affiliate of Uwharrie Bank.

Retail brokerage and insurance products offered by Registered Representatives through Private Client Services, LLC. FINRA and SIPC member. Private Client Services and Uwharrie Capital Corp along with its affiliates and/or subsidiaries are separate, distinct, and unaffiliated entities. It is important to note that the securities and insurance offered are: NOT BANK DEPOSITS AND NOT INSURED BY THE FDIC OR ANY FEDERAL GOVERNMENT AGENCY – NOT OBLIGATIONS OF OR GUARANTEED BY ANY FINANCIAL INSTITUTION – SUBJECT TO RISK AND MAY LOSE VALUE. Risk(s) will vary depending on investment made by the client. A Uwharrie Investment Advisor Representative will review these risk(s) with the client prior to investing.

Customer Disclosures and Client Relationship Summary (Form CRS)