Tom Wood Benefits

At Tom Wood, they offer some pension plans and amenities to promote employee well-being. Numerous members of the American workforce, like Tom Wood employees, use health plans financed by their employer, through which companies typically foot the bill for a significant portion of their workers' health insurance premiums. These contributions are tax deductible for companies and tax-free for workers. Tom Wood provides health and dental plans. Tom Wood also offers group life insurance and death benefits, which cover certain causes of death. Employer-funded pension plans help to guarantee a stable flow of cash later in life. Tom Wood provides defined contribution pension plans. With a defined contribution pension plan, employers help employees save and invest for retirement.