Synovus Financial Corp Benefits

At Synovus Financial Corp, workers collect a few pension and welfare benefits. Like Synovus Financial Corp, many American companies fund health insurance for their employees, through which a significant portion of each worker's health insurance premium is funded by their employer. In this setup, businesses receive tax deductions for their contributions and employees receive the benefits tax-free. Synovus Financial Corp offers dental, health, and vision plans. Synovus Financial Corp also provides long-term disability insurance, group life insurance, and death benefits, which cover certain causes of death. To help secure a reliable source of cash later in life, countless employees depend on employer-funded pension plans. Synovus Financial Corp offers defined contribution pension plans. With a defined contribution retirement plan, companies help workers save and invest for retirement.