Most Popular Benefits
Defined Contribution (DC) Retirement Plan
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Retirement & Financial Benefits
Defined Contribution Pension Plan
Health & Insurance Benefits
At Torrington Savings Bank, they provide some retirement savings plans and other amenities for their workers. Like Torrington Savings Bank, many American employers fund group health coverage for their employees, through which a significant percentage of each worker's health insurance premium is funded by their employer. These contributions are tax deductible for businesses and tax-free for employees. Torrington Savings Bank provides health, dental, and vision benefits. To help secure a stable cash stream later in life, many workers depend on employer-provided retirement plans. Torrington Savings Bank offers defined contribution pension plans. With a defined contribution retirement plan, employers help workers save and invest for retirement.
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