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Retirement Plans

A well designed employee benefit program, one that includes a retirement plan, is a sure-fire way of attracting and retaining qualified and valuable employees.

Today, there are a variety of different types of retirement plans available to businesses of all sizes. Since the early 1980's, 401(k) plans have become the most recognizable retirement plan in the workplace. Flexible plan design, numerous investment options and employee involvement are just a few of the reasons for the enormous popularity of 401(k) plans.

Concerned about the administrative costs of a 401(k) plan? Do you believe your business is too small for this particular type of retirement plan? Why not consider a Simplified Employee Pension (SEP) or a SIMPLE IRA retirement plan? These are two alternatives to 401(k) plans that are ideally suited for businesses with a smaller number of employees…. and sometimes just one!

To learn more about the various retirement plans and which ones might be best suited to your business, contact an advisor at the Camden Benefits Group. We can provide invaluable assistance in designing, implementing and administering a retirement plan that is specifically tailored to your needs and budget!