We understand the complexities of managing a Defined Benefit Plan for your business. The Employee Benefit professionals at M&T Investment Group are well-positioned to assist you in managing your Defined Benefit Plan through a range of custody and cash management services that include:
- Trustee services for retirement plans
- Investment management
- Disbursement services
- Master trust services
If you have an existing Defined Benefit Plan with over $1,000,000 in assets, require an SAS 70 letter with annual filing or you are looking for a corporate trustee, M&T Investment Group offers solutions to guide you and your employees through the intricacies of managing your plan.
Cash Balance Plans
If your company is looking for a retirement plan that combines the best features of Defined Contribution and Defined Benefit Plans, a Cash Balance Plan may provide the solution.
A Cash Balance Plan may be well-suited for:
- Professional practices, including retirement plans for medical practices
- Profitable small businesses with stable earnings
- Companies with a disparity between the ages of the owners and employees or the salary of the owners and employees
The Employee Benefit professionals at M&T Investment Group can help you determine if the Cash Balance Plan would benefit you and your employees.
To learn more about Defined Benefit Plans, such as a Cash Balance Plan, contact your M&T relationship manager today or call us at 1-800-724-8330.