Looking for retirement benefits with tax advantages?

 

If you're considering retirement options for your employees, Vicary Insurance Agency in Erie, Pennsylvania recommends the tax-free benefits of 401(k) and annuity plans.

As the "benefits specialists," Vicary Insurance can assist you in obtaining business 401(k) plans and annuities as well as other insurance products.

401(k) plans

401(k) plans are a valuable option for businesses considering a retirement plan and providing benefits to employees. They also provide a tax deduction for any contributions to employees' accounts. Contributions and earnings are generally not taxed by the federal government or by most state governments until they are distributed. These plans can help to attract and keep valued employees.

Annuities

An annuity is a contract between an insurance company and an annuity owner. In exchange for a payment, or series of payments, the insurance company guarantees to pay a stream of income in the future. The income can be guaranteed for a specific period of time or for life. Vicary Insurance offers qualified plans, non-qualified immediate options and flexible premium plans from many of the top-rated carriers.