- Explore various 401(k), 403(b), IRA, profit-sharing, defined-benefit/pension plans to weigh their benefits against your unique needs.
- Invest in protected group retirement or pension plans safeguarded from company risk.
- Educate employees about different plans available through your company, as well as how they work.
- Help them understand the importance of proper retirement planning and the benefits it offers.
There are many company retirement plans, each with their own features, benefits, tax implications, complexity and costs. Remember, what works for one employer may not work for you, so take your time to find one that meets your business goals. f
Benefits Think 4 tips for designing an effective employee retirement plan
Published Updated
4 Min Read
Rick Pendykoski
Owner
Rick Pendykoski is owner of the Self Directed Retirement Plans LLC, a retirement planning firm based in Goodyear, Arizona. He has over three decades of experience working with investments and … Read full bio
