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401(k) Plan
Upon qualifying for enrollment, employees can make contributions to the Company-sponsored 401(k) plan on a pre-tax or after-tax (ROTH) basis. Aiding employees in achieving their retirement goals, the Company provides a 3% mandatory company contribution and a match based upon Company profits.
Direct Deposit
Paychecks can be automatically deposited into employees’ bank accounts for safety and convenience. Additionally, funds can be routed to numerous different accounts.
Savings Bonds
Employees can purchase series EE or I U.S. Savings Bonds through convenient payroll deductions.
Tax Savings
Employees pay for medical, dental, and vision premiums on a pre-tax basis, which reduces the amount of employees’ taxable income and increases the amount of take-home pay.
Flexible Spending Accounts
Medical and Dependent Flexible Spending Account Programs allow employees to set aside pre-tax dollars to pay for qualified medical and dependent expenditures. An added feature of this program is a debit card to assist in purchasing and tracking expenses. Using these programs helps to lower employees’ taxable income base and increases the amount of take-home pay.
Group Legal Plan/Identity Theft Shield
The Group Legal Plan provides a variety of prepaid legal services, as well as professional legal counsel at discounted hourly rates. Prepaid services include will preparation, document review, motor vehicle services, and consulting. The Company also offers an additional benefit that protects employees against identity theft.
College Savings Plan
Employees can save through payroll deductions in a tax-free vehicle for the college needs of themselves, their dependents, or their grandchildren.
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