Retirement PlanningPension Plans

Pension Plans let employers offer employees a different retirement vehicle than 401(k), Profit Sharing, or Money Purchase Plan.

First National Bank handles retirement plans for both large and small business clients and plan sizes range from zero to over $50 million in assets.

The knowledge and experience of First National's retirement planning specialists are at your service to help you understand how profit sharing plans, money purchase pension plans, defined benefit pension plans, 401(k) plans and IRAs benefit you and your employees. When considering a retirement plan, there are several things employers should look for in a full-service provider:

Trustee and custodial services
Investment management services
Recordkeeping or agent services
Proprietary and non-proprietary mutual funds
Daily valuation of plan assets
Plan consulting and plan design
Plan compliance
Internet and telephone account access 24 hours a day, seven days a week
Master plan services
Plan communication tailored to the needs of your employees
Online review of retirement accounts

First National Bank Advisors will be happy to help you explore and understand the many retirement planning options and determine the combinations best for you. These options could come from the services of Wealth Management.

First National is pleased to be a full-service employee retirement plan provider.