A Journey Towards a Fulfilling Retirement
As the hustle and bustle of our careers and daily responsibilities consume our lives, it’s essential to pause and consider the significance of retirement.
Our retirement benefits program is designed to help our employees plan for and achieve a comfortable retirement.
One of the benefits we offer is a 401(k) plan. This is a defined contribution plan that allows employees to save for retirement on a pre-tax basis.
Employer contributions may also be available. This plan allows employees to choose how to invest their savings, and provides a variety of investment options to choose from.
Another benefit we offer is a pension plan. A pension plan is a defined benefit plan that pays employees a fixed income during their retirement. The amount of the benefit is based on factors such as years of service and salary.
We also offer a profit-sharing plan, which is a type of defined contribution plan in which a portion of the company’s profits are set aside for the benefit of employees.
In addition to these benefits, we also provide retirement planning resources such as financial counseling and retirement planning workshops. These resources are designed to help employees understand their retirement benefits and to make informed decisions about how to invest their savings.
We also provide retirement income options such as annuities, which provide a guaranteed income stream during retirement, and immediate income options such as cash balance plans.
All of these benefits are available to our employees and we encourage our employees to take advantage of these resources to help them plan for and achieve a comfortable retirement.
As the hustle and bustle of our careers and daily responsibilities consume our lives, it’s essential to pause and consider the significance of retirement.
In summary, at Peak, we understand the importance of planning for retirement and we are committed to helping our employees achieve a comfortable retirement. Our retirement benefits program includes 401(k) plans, pension plans, profit-sharing plans, and a variety of retirement income options.
Additionally, we provide retirement planning resources such as financial counseling and retirement planning workshops. We encourage all of our employees to take advantage of these resources and benefits to help them plan for and achieve a comfortable retirement.
Was this information helpful?
Need help? Answer a few questions and get recommendations customized for you.
This field is required.
Do you expect to add a new member to your family this year (via birth or adoption)?
This field is required.
Do you or a dependent take any regular prescription medications?
This field is required.
Do you have any major medical procedures or surgeries planned for the upcoming year?
This field is required.
If you had an unexpected $3,000 medical bill today, would you prefer to pay it from savings or have a lower deductible plan?
This field is required.
How often do you anticipate visiting a doctor for non-routine care (illness, specialists, etc.)?
This field is required.
Do you currently have at least 3–6 months of emergency savings in the bank?
This field is required.
Do you wear glasses or contacts, or do you expect to need major dental work (like braces or crowns) this year?
This field is required.
Are you interested in setting aside pre-tax dollars to pay for childcare or elder care expenses?
This field is required.
Do you own a pet and would you like to see options for pet insurance?
This field is required.
Are you planning to retire within the next 5 years?
Here are recommendations based on your selections.
We’ll prioritize plans with low maternity/delivery costs and robust pediatric networks.
We’ll focus on standard coverage options for your current household size.
We’ll look for plans with fixed co-pays for brand-name or maintenance medications.
A balance of moderate premiums and fair prescription coverage is likely best.
A plan with a lower ‘Out-of-Pocket Maximum’ will likely save you the most money overall.
A plan with a lower ‘Out-of-Pocket Maximum’ will likely save you the most money overall.
You can likely opt for a lower-cost plan and save the difference in an HSA.
High-Deductible Health Plans (HDHP) offer lower premiums and tax-advantaged savings.”
A PPO plan offers more predictable costs, even if the monthly premium is higher.”
We recommend plans with low co-pays for specialist visits to keep costs predictable.
A standard mid-tier plan offers a balance of cost-sharing and monthly savings.
A ‘Catastrophic’ or HDHP plan might be the most cost-effective way to get coverage.
You are a great candidate for an HSA-eligible plan to grow your wealth tax-free.
We recommend a plan with a lower deductible to protect you from high unexpected costs.
We’ll show you ‘Premier’ dental and vision buy-up options for higher coverage limits.
A ‘Basic’ preventive plan will cover your annual cleanings and exams at the lowest cost.
You could save up to 30% on care costs by using a pre-tax Dependent Care FSA.
We will exclude the Dependent Care FSA from your recommended tax-savings strategy.
We’ll display our group discount rates for accident and illness coverage for your furry friends.
No problem—we’ll skip these voluntary benefits in your final summary.
We’ll highlight ‘Catch-up Contributions’ and Medicare transition resources for you.
We’ll focus on long-term growth strategies and maximizing your employer match.