Offer Employee Benefits

Benefits show your employees that you are invested in not only their overall health but their future. Benefits can help you attract and retain talent and are an essential part of building a workplace culture that will help your business thrive. We know that’s important to you, so we’ve worked to create more solutions for you and your employees!

HSA

A win-win for employers & employees! HSA's give employees more control over their health care dollars. Employers and employees can save money on insurance premiums with lower-cost HSA-eligible health insurance plans.

  • Interest bearing checking account
  • No minimum deposit required to open
  • Free debit card, online banking & bill pay
  • Free direct deposit available
  • Free electronic statements
  • Checks available
  • Employer contributions are tax deductible

Learn more about HSAs

IRA

IRA (Individual Retirement Account) is a tax-advantaged savings vehicle - putting you in charge of your retirement plan. The specific tax benefit depends on the type of IRA: Roth or Traditional. We’re happy to talk to you about the difference between the two, but advise you see a tax advisor to help you determine which is best for you.

  • Can rollover from an employer plan
  • Transfer from an existing IRA
  • Start funding a new plan with as little as $100
  • Lump Sum Deposit (Contribution Limits apply for lump sum deposits)
  • Depending on your plan, you may qualify for tax credits, or funds may grow tax free

Learn more about Traditional IRAs Learn more about Roth IRAs Compare Traditional and Roth IRAs

SEPS

SEP (Simplified Employee Pension Plans) are a plan that allows you to provide a retirement benefit to your employees. SEP plans help employers attract and retain quality employees while meeting the increasing need for financial security at retirement.

  • Sole proprietor, partnership, and corporation all qualify
  • Plan contributions are tax deductible to the employer
  • Employers set eligibility criteria such as: Age, Service, & Compensation
  • Earnings are not taxed until they are withdrawn for employees

Learn more about SEPS