Employer-Sponsored Retirement
Hard Work Pays Off
When the time finally comes for you to retire, there are a variety of employer-sponsored retirement plans. These plans allow you to receive regular income from your previous employer based on money saved, your salary, and years of employment. Employer-sponsored plans are a great way to receive income on a regular basis. Whether it’s a 401K, stock ownership plan, or a pension, employer-sponsored plans can provide you with a great deal of financial security during your later years. At Sure Trust, our brokers will run down your list of options early on in your career to determine which plan works for you.

Various Employer-Sponsored Retirement Plans Include:

Pension Plans
A pension plan involves contributing money during employment that will later be used as income in the future, which includes retirement. The contribution is set a fixed rate determined by various factors like salary and length of employment.

Stock Ownership Plan
A stock ownership plan is when your contributions are invested in company shares, which can be liquidated after retirement as a means of income. Unlike regular stock ownership, the shares can only sold or otherwise distributed after employment has ended.

Tradition & Roth 401K
A 401K plan involves contributing a percentage of your income, which is sometime matched by your employer and placed in an account. This remains tax-deferred until the funds are release post-retirement.

403(B) Plans
A 403(B) plans shares many similarities with a 401K except for the fact that it is made available for employees working in public education, non-profit organizations, and medical establishments like hospitals. Like 401Ks, these plans remain tax-deferred as they accrue interest.
Employer-Sponsored Retirement Plans are broken into two Groups: