top of page
Pointing Pen and Finger on Document


The Protection Plan

Income Security Associates, LLC

One of the best tactics for attracting and retaining good employees is to offer competitive benefits, and one of the most popular benefits today are retirement plans. Not only that, many states today are now mandating that businesses offer them.


The good news is that offering a retirement plan — if you don’t already — has many advantages as an employer, and there a variety of offerings to choose from, each of which are designed to meet unique savings goals, company sizes, and monthly budgets. 

In order to select the right plan for your employees, and for your organization as a whole, it’s important to know about various types of employer-sponsored and non-employer-sponsored plans, and how each of these plans differ. Employers have a variety of retirement plan offerings across several categories, including defined benefit plans, defined contribution plans, traditional retirement plans, and non-traditional retirement plans. Each of these plans are designed to meet unique savings goals, company sizes, and monthly budgets.

Income Security Associates, LLC

Although employers below a certain size and in certain states are not required to offer their employees a retirement plan option, many employers choose to offer these plans as an employee recruiting and retention tool. Employer-sponsored plans can be offered to employees at little to no cost to the employee while offering important tax incentives to employers, making them an attractive addition to any employee benefits program. To make plans even more attractive to employees, employers may offer matching contributions, though this is not required. Employer-sponsored plans can include 401(k) plans, SIMPLE IRAs, SEP plans, profit-sharing plans, employee stock ownership plans, 457 plans, cash-balance plans, and non-qualified deferred compensation plans.

I can help you offer a retirement benefit for your employees to help them put away funds toward their retirement and help you recruit and retain the talent you need for your business. It's a win-win!

bottom of page