What is a Supplemental Retirement Plan?

In addition to the qualified retirement plans offered to employees, supplemental retirement coverage is a pension plan that can be tailored to provide benefits that exceed those covered in basic retirement plans such as an IRA and 401(k). Supplemental plans can be customized for either a select group of management executives, or other principal employees to ensure that a desired living standard is maintained. Consult with our insurance and retirement specialists to learn how Life Insurance Quotations Express programs can help your business.

Incentives for Business Owners

When employees have maxed out their contributions, supplemental retirement plans offer top employees a chance to save more. Give your Vancouver business an additional boost that encourages your staff to remain engaged and productive. Benefit from many tax advantages as a business owner by consulting with Life Insurance Quotations Express advisers for tailor made supplemental savings plans that provide:

• A powerful employee recruiting and retention advantage
• Flexible contribution limits
• Easily structured options according to your business goals
• An opportunity to reward important employees
• Tax deferral incentives

Decide How You Want To Contribute

Vancouver employers can make additional contributions subject to a particular schedule adding customized elements to each supplemental retirement plan. These customizations are numerous and should be carefully considered while determining the needs and wants of the employee. Our approach is to provide clear descriptions of the possibilities that lay before you with a perfect understanding of your end goals. This strategy allows us to keep the client as the focal point of everything we do and that is why we have been successful for so many years.