In today’s highly-competitive marketplace, it is becoming increasingly difficult to attract and retain top talent. Salary is no longer the sole compensation driver. Employees are also looking at an employer’s overall benefits package and its potential to help protect their families and adequately prepare them for retirement. These concerns are heightened by ever-changing tax laws, pension plan uncertainties, and Social Security shortfalls. As a business owner, you can offer insurance and retirement benefits that can make a difference for both your executives and your business.
Providing for your employees’ retirement can create a loyal and dedicated community around your business. A variety of retirement-planning products exist to provide the benefits that support your employees’ commitment to your business.
Consider a few of the following retirement planning options:
Establishing individual retirement arrangements funded by annuities is easy for a small business. Offering this type of benefit may help you retain and motivate your company’s employees.
Disability Income Insurance
Provide employees with income protection that supplements your company’s group long term disability plan in the event of a disability.
Learn how life insurance can supplement your employees’ retirement planning strategy to help align with the goals of their golden years.
Long Term Care Insurance
Help retain your employees and enhance your company’s benefits while taking advantage of tax savings.
Offering your employees a retirement plan is a way to help them save for the future and is a great incentive as part of an employee benefits package.