Retirement Plans

Overview - The Vision HR 401(k) plan enables your employees to save money for retirement by putting a portion of their before-tax salary into a tax deferred savings account. These funds can then earn a return on a tax-deferred basis through any of the plan's investment options.

The Plan - Vision HR offers options in three basic categories: stocks, bonds, and money market securities. Your employees will be able to create their own diverse mix of investments, selecting from relatively low-risk to highly aggressive investments. Each employee will direct his or her investment and can change investment choices at any time. Investment professionals monitor the individual investments in each fund's portfolio.

The Fine Print - Contributions to the Vision HR 401(k) plan are made through convenient, automatic payroll deductions of 1% to 50% of an employee's before-tax salary, with an annual monetary limit dictated by the IRS. Employers may choose to match the employee contribution or may consider a profit-sharing 401(k) where the company matches are discretionary.

Advantages - As a valuable addition to your benefits package, the Vision HR 401(k) plan will help you attract and retain quality employees and the Vision HR plan makes it easy to gain this competitive edge. After all, Vision HR handles everything.

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