There’s a reason why 95% of the nation’s top employers offer their employees retirement benefits1 — it’s a great investment. By providing your employees with the means to build an independent source of retirement savings, you’re not only helping them plan for a comfortable future, you’re helping your organization realize potential tax, productivity and staffing benefits.
Ready to take the next step?
With 75 years’ experience serving tens of thousands of plan sponsors and millions of participants, AXA has the expertise and solutions that can make the choice a simple one. And our statistics are compelling – 34,601 plans; 824,008 participants; $20.4 billion in plan assets under management.2 But it’s not just our numbers. It’s about our approach to providing employers with the kind of focus and service that makes offering retirement benefits as smooth and low-maintenance as possible.
Care for your employees
Your employees are critical for your organization’s success. By offering them a retirement plan, you’re playing a critical role in their future success. And that’s important, since employees who feel appreciated by their employers have been proven to be more productive.2
Supplement your employees’ retirement income
Today, Social Security typically only covers about 39% of a typical employee’s retirement income needs.3 Which makes employer-sponsored retirement plans more important than ever. Offering a retirement plan means you can help give your employees the resources they need to make ends meet in the future.
Attract and retain talent
If you want to stay ahead of the competition, you need the strongest possible team of employees. A competitive benefits package can be one of the most effective ways to attract and retain top talent. In fact, according to Towers Watson, the percentage of workers who agreed their retirement program was an important factor in accepting a job more than doubled between 2009 and 2011.4
Benefits to your employees
- Tax advantages — Saving in the plan can reduce current taxes and earnings will grow tax-deferred.
- Simplicity — Contributions are made automatically.
- Flexibility — A range of investment choices means the ability to invest in a way that best fits your employees' needs.
1 Source: Transamerica Center for Retirement Studies, 14th Annual Retirement Survey (2013)
2 Source: Perspectives on Psychological Science, “Causal Impact of Employee Work Perceptions and the Bottom Line of Organizations”
3 Source: Social Security Administration4 2011 Towers Watson Retirement Attitudes Survey