Providing quality retirement plans for your employees ought to be important to you. Isn’t it satisfying to know that after your employees have spent decades working for you, they can have a time to really relax and enjoy their golden years?

Not all companies offer retirement plans, but it’s an added perk that will certainly keep your employees happy, productive, and looking forward to the future.

LDPI provides several high quality retirement plans on a group or individual basis depending on the plan:

401(k): A 401(k) allows you to postpone receiving a portion of your salary until you retire. You can choose the amount of income you’d like to send to the future, or defer annually.

Annuities: Annuities can offer a series of payments that usually start at retirement and go on for the rest of your life.

Long-term care: Long-term care has been defined as “medically necessary assistance, recommended by a physician for the treatment of a chronic illness or debilitating injury on a long term basis. Recovery is usually not expected. Care is oriented toward helping a person function, not toward a cure.”

Simple IRA: Simple IRA plans are retirement plans that are maintained on a calendar year basis, mostly for small employers, which permits contributions under a qualified salary reduction agreement.

Roth IRA: A Roth IRA often depends on a person’s income. It may offer greater tax savings and withdrawal flexibility than it’s traditional counterpart.

Traditional IRA: Your earnings are not taxed until you start withdrawing money, and contributions of up to $2,000 annually, may be deductible.