Retirement
Plans
Small
and mid-size businesses turn to the Trust Services of The
North Side Bank & Trust for employee retirement planning.
Whether you are a business owner or human resources manager,
your Trust Services partner at The North Side Bank & Trust
works closely with you to determine which specific plan is
suited to meeting your business’ needs.
Profit
Sharing Plans, 401K Plans, or a Defined Contribution Plan can be
expertly constructed and managed through our Trust Services
department. For those choosing to steer away from traditional
corporate plans, we implement an easy-to-manage SEP Plan (Simplified
Employee Pension) - an effective alternative for self-employed
individuals or small businesses.
In any
situation, The North Side Bank & Trust provides convenient
Trust Services solutions to your employee benefits needs.
SEP
Plans
A Simplified Employee
Pension Plan is a retirement plan established by an employer.
Each year the employer may contribute a percentage of each
eligible employee’s compensation directly to an IRA
established for the employee.
Non-deposit investment products are not insured
by the FDIC or any other agency of the United States, are not obligations of, or guaranteed by The North
Side Bank and Trust Co. Non-deposit investment products are
subject to investment risks, including the possible loss of the
principal amount invested.
|
