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Retirement Plan Services
Pension Plans

Pension Plans let employers offer employees a different retirement vehicle than 401(k), Profit Sharing, or Money Purchase Plan.

Listed below are some features and benefits associated with First National Bank's plans:

Features

  • Allows retirees to count on a specified income
  • Plan is fully funded by the employer
  • Employee benefit is calculated by a specific formula
  • Provides a great benefit to long time and older employees
  • Requires annual employer contributions

Employer Benefits

  • Employer contributions are tax deductible
  • Attract and retain valuable employees
  • Contributions are based on actuarial calculations
  • Allows for greater accumulation of personal retirement benefits
  • Attractive supplement to existing retirement plan
  • Ongoing plan communications tailored to fit the needs of your employees

NOT A DEPOSIT
NOT FDIC-INSURED
NOT INSURED BY ANY FEDERAL GOVERNMENT AGENCY
NOT GUARANTEED BY THE BANK
MAY GO DOWN IN VALUE

 


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