Lake Forest College Benefits

Lake Forest College offers a few retirement plans and perks to promote employee well-being. Like Lake Forest College workers, numerous members of the American workforce take advantage of health benefits sponsored by their employer, through which companies typically pay a significant portion of their employees' health insurance premiums. These contributions are tax deductible for businesses and tax-free for employees. Lake Forest College provides health, dental, and vision insurance. Lake Forest College also provides long-term disability insurance and group life insurance. Employer-sponsored pension plans help to ensure a stable money source later in life. Lake Forest College offers defined contribution pension plans. With a defined contribution pension plan, employers help workers save and invest for retirement.