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As long as you offer them the same qualified plan as you are in. You can set yourself up in a non qualified plan and can offer them the 401k. As a business owner you can take the amount you pay in taxes and have Uncle Sam pay for your retirement. The best part is, this set-up will provide you with a tax free retirement concept. I would like to send you a complimentary book on it.
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Since this is a 401K plan, it is a qualified plan, and all employees including the owners are eligable to contribute and be matched. You can also explore profit sharing plan where owners will have much bigger salary deferral rate.
Best of luck