Establishing a retirement plan for employees can be a smart way to support one of your key assets (your people) and for both you and your company to benefit.
Supporting your employees
As a business owner, you take care of your employees through salary, health care options and paid vacation. So why not offer a retirement plan that will help them now and in retirement? You may also find that a retirement plan is an excellent tool for attracting and retaining valuable employees, as well as helping them achieve a financially sound future.
Choose a plan that suits your business
There are many types of retirement plans, including 401k, 403b, IRA, profit-sharing and defined benefit (or pension) plans. Each has its own benefits, levels of complexity and administrative costs. Some are designed for large companies; others are designed for smaller companies. There may also be tax implications.
CedarSmith can help you customize a plan to fit your company’s needs.
Get in touch and we’ll be more than happy to help!