Employer Sponsored Plans
From a planning perspective, a major portion of one's financial and risk management picture is derived through employer sponsored plans. Examples include:
Retirement Plans
There are many different types of cost effective Employer Sponsored Plans available that are designed to complement your employee's retirement savings as well as help you maintain your competitive edge. The decision to implement one of these plans should be made based upon cost effectiveness, investment options and ease of administration.
Medical Plans
Having a medical insurance plan is an essential element of the benefit package you are able to provide for your employees. The major benefits of an employer sponsored health plan are:
- Minimal to no underwriting
- Major medical risk reduction
- Tax advantages
- Cost predictability
Income Protection Plans
There are many current risks to anyone's financial picture that could have drastic unintended effects. These plans can be offered as a benefit from the employer or the cost can be shared by both the employee and the employer. These plans also have certain tax advantages depending on how they are structured.
- Long-term disability
- Short-term disability
- Life Insurance/Accidental Death
- Long Term Care
For a complimentary analysis of your current employer sponsored plan, or for a cost comparison/benefit analysis, please contact us. Let us help you create a plan that is best suited for you and your company.