Smyth Companies, Inc. Benefits

Smyth Companies, Inc. provides some retirement plans and other amenities to promote employee well-being. A large number of Americans, like Smyth Companies, Inc. employees, participate in employer-sponsored group health benefits, through which businesses typically cover a large percentage of their employees' health insurance premiums. In this system, companies are provided with tax deductions for their contributions and employees collect the coverage tax-free. Smyth Companies, Inc. offers health and dental benefits. Smyth Companies, Inc. 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. Employer-sponsored retirement plans help to secure a steady flow of money later in life. Smyth Companies, Inc. offers defined contribution pension plans. With a defined contribution retirement plan, employers help employees save and invest for retirement.