Thomaston Savings Bank Benefits

At Thomaston Savings Bank, they offer several types of pension and welfare benefits. Countless businesses in the United States, like Thomaston Savings Bank, sponsor group health coverage for their employees, through which businesses typically pay a significant percentage of their employees' health insurance premiums. These contributions are tax deductible for employers and tax-free for employees. Thomaston Savings Bank provides health, dental, and vision insurance. Thomaston Savings Bank also offers 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 stable source of money later in life, many workers use employer-funded retirement plans. Thomaston Savings Bank offers defined contribution pension plans. With a defined contribution pension plan, businesses help employees save and invest for retirement.