A defined benefit plan, better known as a pension, guarantees employees a specified monthly payment upon retirement. The employer makes all the contributions, typically based on age, salary and years of service.
Partner with Associated to establish your defined benefit plan. We can:
For firms offering both a defined benefit and a defined contribution plan, we can integrate administrative services and employee access to account information.
Our experts will work to keep your plan in compliance with the latest government regulations. We can also assist government employers with GASB 45, the Government Accounting Standards Board statement on financial reporting of expenses for post-employment benefits other than pensions.
Call Associated to structure and manage your retirement plan benefits today.