Providing your employees with great, cheap health insurance and employee benefits is becoming more and more important, especially in the State of California. As a business with 50 or more full-time employees, you could face financial penalties for not providing adequate health and benefit plans to your employees. However, providing them with such care and complying with the regulations of the ACA may qualify your business for tax breaks.
One of the things prospective employees seek the most is a great retirement and pension plan. These perks appeal to many career-minded individuals. Being set up for retirement is almost everyone’s dream. It means that after you have put in so many years with a company, you can acquire your savings for retirement, using it to continue a fruitful life after work.
A pension plan is a benefit for retirement that helps an employee invest a portion of their untaxed earnings to an account where it is saved. Once the employee retires, they are given that money. Some choose to receive the entire sum in the account while others prefer payments. A business can choose how their employees’ pensions are gathered. Some companies offer grade vesting while others may offer cliff vesting.
To further understand how retirement and pension plans work, contact Taylor Benefits Insurance Agency. We will find the right retirement and pension plans for your business. We’ll work through multiple insurance carriers throughout California to find the least expensive rates too. Just give us a call at 800-903-6066 and we will be happy to get you started!
Are you looking for a California Group Health Insurance & Employee Benefit Plans? Click the quote button below to get an instant quote.
We’re ready to help! Call today: 800-903-6066