Kofax, Inc. Benefits

Kofax, Inc. employees collect several types of pension and welfare benefits. Like Kofax, Inc., many American employers fund group health benefits, through which a significant percentage of each employee's health insurance premium is covered by their employer. These contributions are tax deductible for employers and tax-free for workers. Kofax, Inc. provides health, dental, and vision coverage. Kofax, Inc. also offers group life insurance, short-term disability insurance for accidents or illness, long-term disability insurance, and death benefits, which cover certain causes of death. To help ensure a stable money source later in life, numerous employees enroll in employer-funded retirement plans. Kofax, Inc. provides defined contribution pension plans. With a defined contribution pension plan, companies help employees save and invest for retirement.