Retirement Plans - Wealth Management
Defined Benefit Plans

Enhanced Benefit Plans

These plans enable only the employer to contribute to the plan; the employer also has to meet certain funding obligations as calculated by actuaries.

Features of Enhanced Benefit Plans:

• Defined formula specifies benefits to be received at retirement.
• Benefits are measured by, and based upon, factors such as years of experience and compensation earned by an employee.
• Defined program for the funding of benefits is followed during participant's service.
• Actuary determines necessary contributions.
• Benefits can be projected at any point in time.

Benefits of Enhanced Benefit Plans:

• Older employees receive enhanced benefits.
• Top management with lesser tenure can receive higher benefits.
• Employers can maximize tax deductions.

To learn more, call a Wealth Management Advisor at 402.633.3400, or toll-free at 1.800.538.7298, Monday through Friday, 8:00 a.m. to 5:00 p.m. CT.