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Retirement & Financial Benefits
Defined Contribution Pension Plan
Health & Insurance Benefits
Long-term Disability Insurance
Temporary Disability Insurance
At Lake Sunapee Bank, they provide some retirement plans and other welfare benefits for their workers. Like Lake Sunapee Bank employees, numerous members of the American workforce use group health coverage financed by their employer, through which companies typically foot the bill for a sizable portion of their workers' health insurance premiums. In this setup, businesses receive tax deductions for their contributions and workers are given the benefits tax-free. Lake Sunapee Bank offers health benefits. Lake Sunapee Bank also provides group life insurance, long-term disability insurance, and short-term disability insurance for accidents or illness. To help guarantee a reliable flow of cash later in life, many workers depend on employer-sponsored retirement plans. Lake Sunapee Bank offers defined contribution pension plans. With a defined contribution pension plan, companies help workers save and invest for retirement.
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