Help them save for retirement—without busting your bottom line.
Traditional pension programs are like rotary dial telephones: fun to have but pretty uncommon.
Your employees want, need and expect to be able to save for retirement while reducing their taxable income. So naturally they’ll look to you for help.
When you offer a 401(k) or 401K retirement savings account, you provide more than an employee benefit; you promote future financial security.
Unlike a traditional pension plan, a 401(k) does not guarantee a fixed monthly benefit at retirement. What it does is give the employee a choice in where their savings will be invested, typically in mutual funds featuring a mix of stocks, bonds and money market accounts.
It also gives you a choice too in whether or not you make or match employee contributions.
At Eisenberg Insurance, we’ll work with you to determine the type of plan that will benefit both you and your employees. We’ll help you understand the pros and cons of 401(k) offerings, and we’ll taken on the administrative burden for you, freeing you up to focus on business profitability and growth.
We work with Guardian and Mutual of Omaha, both trusted names in 401(k) benefit plans.