Retirement PlanningMoney Purchase Plans

Money Purchase Plans are similar to profit sharing plans, with a few exceptions.

Listed below are some of those exceptions, along with plan features and benefits employers can expect from First National Bank's plans:

Features

• Employer contributions are required
• Contributions are made based on compensation
• Contributions not dependent upon profits
• Income tax savings on contributions
• Diversified range of investment options available
• Internet and telephone account access 24 hours a day, seven days a week
  

Employer Benefits

• Plan consulting
• Plan compliance
• Attract & retain valuable employees
• Employer contributions are tax deductible
• Contributions are based on a consistent contribution formula
• Ongoing plan communications tailored to the needs of your employees
• Daily valuation of plan assets
• Performance reporting
• Attractive supplement to existing retirement plans