Rebuilding Retirement Tools & Resources for Businesses: Prepare yourself and key employees for retirement
Are my company's key employees (including me) able to set aside enough money for retirement?
Key employees often do not receive enough retirement benefits from other company provided programs to replace their income in retirement. Recent market conditions have widened the income gap. Effective executive benefit programs can help close this gap.
Tools to help you plan
- Check out the Retirement Income Concepts Guide (PDF: 170 KB) for ways business owners & key employees can save for retirement.
- Read the Nonqualified Deferred Compensation: Understanding Plan Sponsor and Participant Expectations (PDF: 1.2 MB) White Paper for understand the needs and expectations plan sponsors and participants.
Who can help my key employees save for retirement?
Contact your financial advisor. Or find a representative of The Principal or financial professional near you.
More ways to help prepare yourself and other key employees for retirement
- If I had an accident or severe illness, could I still meet my retirement savings goals?
- Is there a way I can fill the gap in my retirement account to provide for my dependents in the future?
- How have recent market conditions impacted the value of my business as it relates to my retirement and exit strategy?
