Employee Benefits Packages

Implementation of a benefits package provides both you and your employees with several advantages beyond the benefit.

 

Benefits Provide You the Advantage

Implementation of a benefits package provides both you and your employees with several advantages beyond the benefit.

Tax Savings for You and the Company

When properly structured, your benefit plan will help key employees save for retirement or health care needs while providing a deduction for the company.
• Reduce business taxes for every dollar of employee participation
• Reduce business taxes with an annual deduction for employer contributions and plan expenses
• Use business dollars for personal benefits

Attract, Retain and Motivate Employees

Give your company a competitive edge to recruit and retain exceptional employees. A benefits package rewards valuable employees and encourages loyalty and productivity.
Research indicates that employees are placing an increasing value on benefits as a primary consideration when seeking new opportunities.

RETIREMENT PLANS:
• Provide a foundation for financial security and a comfortable retirement
• Accumulate tax-deferred money until distributed in retirement
• Allow benefits paid at retirement to be taxed under special advantageous rules

CAFETERIA PLANS:
• Allow employees to pay for necessary medical and childcare expenses on a pre-tax basis, saving them money