Why Sponsor a Qualified Retirement Plan?
There are a number of reasons why an employer would consider sponsoring a qualified retirement plan. Those reasons include: • A better, more productive employee work force. • A significant contribution to the social well being of America. • Their own wealth accumulation needs. We have all heard the discussions of the inadequacies of the Social Security system and the growing demands of a large number of retirees. Working people are rightly concerned about how they are going to fund their retirement years. Their life expectancy has grown measurably longer than their parents and grandparents and the cost of living continues to escalate. These types of financial concerns often weigh on workers and distract them from their full productive potential. Qualified retirement plans are one of the first things prospective employees consider when they are investigating new employment. For both the existing employee and the prospective new hire, a retirement plan begins to address the concerns of,
