MFA Incorporated Benefits

At MFA Incorporated, they provide many options for retirement and welfare benefits to promote employee well-being. A large number of American companies, like MFA Incorporated, finance group health benefits for their employees, through which employers typically foot the bill for a large percentage of their workers' health insurance premiums. These contributions are tax deductible for businesses and tax-free for workers. MFA Incorporated offers health, dental, and vision insurance. MFA Incorporated also offers death benefits, which cover certain causes of death, group life insurance, and short-term disability insurance for accidents or illness. To help secure a reliable income flow later in life, a large number of employees avail themselves of employer-financed pension plans. MFA Incorporated offers defined benefit pension plans and defined contribution pension plans. With a defined benefit retirement plan, retirees receive predetermined compensation when they retire. With a defined contribution retirement plan, businesses help workers save and invest for retirement.