Have you ever heard of Jim Gaffigan?
401(k) Retirement Plan
The STBA in cooperation with the Community Investment Services, Inc. has created a multiple employer 401(k) Retirement Plan that costs the employer only $300.00 per year. The plan has 18 investment choices and offers 1-800 Tele-Touch and Internet services which allows your employees to get account balances and make changes in their investments 24 hours a day, seven days a week. Owners and highly compensated may elect to use the plan's Safe Harbor option, which allows owners and highly compensated individuals to save up to $18,000 a year without going through typical 401(k) discrimination testing. The employer has the option of whether or not they want to make matching contributions. This plan will help you to establish a valuable benefit to help you retain employees. This is a great benefit to our members and we urge you to look into it, whether or not you currently have a retirement plan in place.