Group Retirement

”If you fail to plan, you’re planning to fail” – Benjamin Franklin

Offering a group retirement and savings plan can be an affordable and effective way to attract, motivate and keep employees, while helping them save for their retirement. But it’s not just about your employees. There are real benefits to your company when you offer a plan. 

Honeybees have evolved an extraordinary form of communication known as the "waggle" dance. When a worker discovers a good source of nectar or pollen, it will return to the hive to perform a waggle dance to let its nest mates know where it lies.

What is a group Retirement Plan?

A group retirement plan is arranged by an employer for their employees as a workplace benefit. An employer may wish to offer a group retirement plan as their contributions are tax-deductible and the plan acts as a strong recruitment/employee incentive.

Once the plan is implemented, employee contributions are invested in preselected investments offered under the plan. Employers often match a percentage of the contributions made by their employees. For employees, it’s an excellent and easy way to save for retirement or other life goals.