MFA Incorporated Benefits

MFA Incorporated provides several retirement savings plans and other welfare benefits. Countless members of the American workforce, like MFA Incorporated employees, rely on employer-financed group health plans, through which companies typically cover a large portion of their employees' health insurance premiums. In this arrangement, companies are provided with tax deductions for their contributions and employees are provided with the insurance tax-free. MFA Incorporated provides health, dental, and vision insurance. MFA Incorporated also provides death benefits, which cover certain causes of death, group life insurance, and short-term disability insurance for accidents or illness. To help secure a steady money flow later in life, a large number of employees avail themselves of employer-sponsored pension plans. MFA Incorporated provides defined benefit pension plans and defined contribution pension plans. Businesses with defined benefit pension plans pay employees a fixed sum when they reach retirement. With a defined contribution retirement plan, companies help workers save and invest for retirement.