Employee retirement plans are a key benefit in attracting and retaining a valuable workforce. Many employees understand the importance of setting aside a portion of their income each month to invest for retirement.
When you choose to work with the First, you receive a team of investment experts who will visit directly with your staff to educate each employee about their investment options. We offer employee contribution plans that include 401(k) options and a variety of Individual Retirement Accounts (IRAs), including Traditional, Roth, Rollover and Simplified Employee Pension plans.
Employee Education
We want to make investing easy. First, we stress the importance of saving, and saving early. By introducing the trusted three-part strategy that includes employer savings, employee savings and social security savings, we demonstrate how these dollars can accumulate.
Second, we educate investors about proper asset allocation based on an individual’s target retirement date. We offer a variety of investment options to correspond with individual goals. One option for investors is to choose a “Life Cycle Option” which encourages employees to take action, rather than be overwhelmed with information and, as a result, do nothing. Our goal is to help each person make appropriate choices for their goals.
As employees approach retirement, the First offers the ability to help them plan for this transition with income replacement strategies and estate planning.
