401(k) Plans

A 401(k) plan is a tax deferred investment plan offered through employers. Under these plans, employees invest a percentage of their own pre-tax income for retirement and their earnings grow tax-deferred until withdrawn.* Employers may match some or all of the employee contributions to further encourage their participation.

The 401(k) plan (or its not-for-profit or government counterparts) forms the base of sound retirement plan. It is supplemented by tax-advantaged IRAs and other investments, along with Social Security to form a plan that matches your time horizon and investment risk tolerance to meet your retirement financial needs.

An HSBC SecuritiesFinancial Advisor can help you with 401(k) investment choices and discuss your specific retirement planning needs. Call 1-800-662-3343 or visit your local HSBC branch today.

If you are an employer, HSBC Securities can offer a variety of 401(k) plan alternatives and mutual fund investment choices for any size business, large or small. We provide tax-saving and investment opportunities for your employees as well as administrative and cost efficiencies for your company. Our personal attention, customization, local presence and technological superiority distinguish us when it comes to business retirement plans.

In addition to the benefits described above, if you choose HSBC Securities to administer your 401(k) plan, you will be offered the HSBC Interest Checking Plus Relationship Checking account for you and your employees. We'll even waive the usual $15,000 combined balance requirement as a special courtesy to you and your employees. Interest Checking Plus is our highest level of relationship checking bringing you a wide array of advantages and privileges. In addition, you and your employees may even qualify for HSBC Premier - our preeminent service package with unparalleled values and benefits. HSBC Premier is a complete combination of essential products and services to meet all your financial needs, from banking and investing to insurance and estate planning.

* Penalty may apply for early withdrawal

NOT A BANK DEPOSIT OR OBLIGATION OF THE BANK OR ANY OF ITS AFFILIATES

NOT FDIC-INSURED

NOT INSURED BY ANY FEDERAL GOVERNMENT AGENCY

NOT GUARANTEED BY THE BANK OR ANY OF ITS AFFILIATES

MAY LOSE VALUE

Securities and annuities are provided by Registered Representatives and Insurance Agents of HSBC Securities (USA) Inc., member NYSE/FINRA/SIPC, registered Futures Commission Merchant, a wholly-owned subsidiary of HSBC Markets (USA) Inc. and an indirectly wholly-owned subsidiary of HSBC Holdings plc.

HSBC Securities (USA) Inc. or any other member of the HSBC Group may from time to time underwrite, perform or seek to perform investment banking services for issuers or make a market or otherwise buy or sell as principal securities or other instruments, or together with the issuers directors, officers and employees may have either a long or short position in securities, commodities, currencies or other instruments or futures or options contracts convertible into securities or other instruments.

This information is not an offer to sell or a solicitation of an offer to buy any security, nor shall any such security be offered or sold to any person, in any jurisdiction in which such offer, solicitation, purchase or sale may not lawfully be made.

401(k) Plans

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