|Oppenheimer can help institutions establish a comprehensive retirement plan to attract and retain valued employees. Oppenheimer offers a range of plan options to help employers address their organization's retirement needs.
Retirement Plan Strategies
Any business can establish a retirement plan. Having a retirement plan in place benefits both the employer and its employeesthe employer receives a current deduction for allowable plan contributions, and the plan participants receive compounded tax-deferred growth.
There are a variety of different plan designs and variations of those plans that can be established by an employer. Careful consideration must be given to employer needs and objectives versus the needs and objectives of the employees. Each plan may provide varying employer and employee contribution flexibility, employee eligibility rules, vesting capabilities and administrations requirements.