Washington College Benefits

Washington College provides some retirement benefits and perks to promote employee well-being. Numerous companies in the United States, like Washington College, sponsor group health coverage for their employees, through which companies typically pay a significant percentage of their employees' health insurance premiums. In this arrangement, businesses collect tax deductions for their contributions and employees are provided with the coverage tax-free. Washington College offers health, dental, and vision benefits. Washington College also offers long-term disability insurance, group life insurance, and death benefits, which cover certain causes of death. Employer-funded retirement plans help to ensure a steady money source later in life. Washington College offers defined contribution pension plans. With a defined contribution retirement plan, companies help workers save and invest for retirement.