Today’s labor market is competitive, and finding quality employees who have the experience, values and knowledge necessary for the job can be a challenge, along with keeping them motivated and happy to be there. Offering benefits that are the right fit for your business can help to reduce employee turnover, which in turn helps your long-term stability. We can guide you through the process of designing a custom benefits package that keeps you competitive and doesn’t drain your wallet. No matter what your needs are or where you’re at in the process of establishing a benefits package, May Financial Solutions is here to help.
We will work with you and your plan fiduciaries to find the right retirement plan for your needs and budget, and help you find the best way to fund these qualified and non-qualified plans. Some of the options we offer are profit sharing, 401(k), defined contribution and defined benefit.
Key person life insurance offers a death benefit that helps indemnify an employer for the loss of one of its most important assets—the key person. This can help assure continuity of the business for employees, customers and creditors, while protecting against losses in sales, momentum and credit. It can also be used to assist with recruiting and developing a replacement for the employee.
We offer select group benefit solutions to our clients. This can include life insurance, disability insurance and other plan options. We’ll work together to make sure you understand your options and select what’s right for you and your employees.
Adding voluntary coverage options can enhance your benefits program with little to no out-of-pocket cost for you. These options include whole and universal life insurance, dental insurance, vision insurance, short- or long-term care and cancer protection. We’ll help you understand all of the options and select the ones that are right for you and your business.
*Please consult your own tax advisor for tax advice.
**Your participation in the payroll deduction life insurance program is completely voluntary. Since this program is not intended to be subject to the Employee Retirement Income Security Act of 1974 (ERISA), your employer cannot contribute to or endorse any policy offered under this program.