Great employees contribute great things to your business, and they expect a good benefits package in return. As an employer, it’s important to offer attractive retirement plan services to distinguish your company from its competitors.
Whether you want to create retirement services that include 401(k)s or other types of benefits, you’ll appreciate the experience and expertise that come with National PEO’s retirement planning services. We help you set up plan options if you don’t already have them. If you already have an employee retirement plan in place, our financial advisors will manage it for you.
It’s important to create great retirement plans for your employees. At the same time, you have to manage your own financial priorities. There are so many plan options, and each has a complex set of rules. Because tax laws frequently update, the rules are always changing.
National PEO’s team of financial advisors stays on top of the latest retirement planning and tax laws. We ensure that your business offers plans that are good for employees but also affordable for your company. When you work with our team, you’ll craft an employee retirement planning strategy that balances their long-term security with your company’s big picture.
In the old days, employees saved for retirement by paying off their mortgages, filling up their savings accounts, and buying cash-value life insurance policies. Today, thanks to employer matching and employee stock options, many employees depend on employer retirement plans. When you provide great retirement options, you’ll retain the best and brightest workers. Because they’re counting on good performance from your company stock for their retirement, everyone has a stake in your company’s success.
Small businesses often have big visions, but they struggle to attract the best employees. It’s tough for a company that’s just getting started to offer expensive benefits packages. However, by adding a retirement plan to your options, you can help your small company compete with the best in your industry. You can attract talented people who might otherwise go somewhere else by providing outstanding benefits.
The retirement plans that most companies offer usually depend on where they are in the business lifecycle. Whether you’re a new, growing, or mature business, we can construct the right retirement planning options for your company.
Whether your company is large or small, National PEO offers multiple retirement plan options such as a 401(k) with no match, a Safe Harbor 401(k) with match, and boutique plans, including SIMPLE IRAs, designed to suit your needs. Best of all, we handle everything for you. We take you through set-up, administer all employee enrollments, maintain your plans, and offer post-retirement services.
As part of National PEO’s retirement planning services to your company, you’ll get: