Attracting, rewarding and retaining top talent is a necessity for your organization. A deferred compensation plan allows key executives who have maximized their 403(b) workplace savings plan to defer an additional portion of their compensation. As a plan sponsor, implementing a successful 457 plan requires dedication, attention to detail and an integrated approach.
CBIZ RPS works with plan sponsors to provide holistic plan design consulting in several keys areas, including plan implementation, plan maintenance and distribution planning, among others. Working with CBIZ RPS to offer a deferred compensation plan will help you to enhance your total rewards program while also assisting you in recruiting, retaining, and rewarding key executives and professional talent.
Benefits of a 457 Plan
- Enhance your competitive total rewards program and recruit, retain and reward key executive talent
- Allow eligible executives to save more toward their retirement
- Maximize effectiveness of company contributions and plan design
The CBIZ InR 457 Program
Your employees deserve the best retirement possible. Pensions, social security and other retirement income go a long way, but they're unlikely to be enough to maintain the standard of retirement living your employees want. The CBIZ InR 457 Program can help your employees fill that retirement gap .