401(k) and 403(b) are qualified retirement plans allowing eligible employees to save and invest for retirement through payroll deductions. Participants may elect to contribute either Pre or Post-Tax.

Profit Sharing Plans allow employer only contributions into a retirement plan. Employer contributions are typically discretionary with the contribution amount determined on an annual basis.

Defined Benefit plans promise a specific monthly benefit to be paid in the future at retirement. The benefit to be paid is determined by key factors including age, length of employment, and salary history.

Cash Balance plans are Defined Benefit plans that define the promised benefit in terms of a stated Account Balance making it easier for participants to understand the promised future benefit.