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If you're serious about growing your company by attracting and retaining the best people, then you're serious about offering a solid employee benefit package. Here is a sampling of the plans we offer:
401(k) Plan
Employer benefits include:
- Flexibility in matching employee contributions--match all, some, or none at all.
- Employees share the funding of retirement.
Employee benefits include:
- Employee contributions are pre-tax.
- If the employer makes matching contributions, they are also pre-tax.
Employer and employee contributions are tax-deductible.
Profit Sharing Plan
This plan allows employees to share in the success of your company by earning a percentage over and above their base compensation.
Some employer benefits include:
- Flexibility in funding requirements.
- Tax-deductible contributions.
- Contributions declared at your discretion. (You're not required to make contributions if you have a marginal year.)
Some employee benefits include:
- Earnings on contributions are tax-deferred until distribution.
- Flexible distribution options.
Money Purchase Plan
This plan is designed to be attractive to employees while offering premium flexibility for companies.
Some of the features include:
- Earnings tax-deferred.
- Consistent annual contributions on behalf of each employee are mandatory.
Financial Calculators
Trust and Investment Management Service
E-mail
Investment products are not deposits or obligations of, or guaranteed by Lake City Bank or any other bank, are not insured or guaranteed by the FDIC or any governmental agency and are subject to investment risks, including possible loss of principal invested. Past performance is not a guarantee of future results.
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