Eliminate employee stress with Defined Benefit Plans

Eliminate employee stress with Defined Benefit Plans

A defined benefit plan is a qualified employer-sponsored retirement plan. This means they are qualified to receive certain tax benefits under the law, like tax-deferred investment growth or tax deductions for contributions. Unlike 401(k)s, defined benefit plans are usually funded entirely by employer contributions, although in rare cases employees may be required to make some contributions.

In either case, offering a comprehensive package, driven mostly by employer contributions, can create loyalty and a sense of duty to employees and coworkers.

Learn More with an Intelliplan Pro