Pennoni Associates Benefits

Pennoni Associates offers many options for pension and welfare benefits. Like Pennoni Associates employees, many employees in the United States enroll in group health benefits funded by their employer, through which a significant percentage of each employee's health insurance premium is covered by their employer. These contributions are tax deductible for businesses and tax-free for employees. Pennoni Associates offers health, dental, and vision coverage. Pennoni Associates also provides 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 reliable income flow later in life, a large number of workers enroll in employer-sponsored retirement plans. Pennoni Associates offers defined contribution pension plans. With a defined contribution retirement plan, employers help employees save and invest for retirement.