| Benefit |
Advantage |
Disadvantage |
Tiger's
Eye Comments |
| Cash Compensation |
Recognizable / Instant Gratification |
Payroll Taxes & Costs / sunk
Costs |
No "Bang" for Employer
Beyond Payday |
| Pension Plan |
Employer & Employee Tax Benefits
/ Employer control |
Employer Contribution Obligation |
Great Employee Security |
| Profit Sharing Plans |
Employer Contribution Flexibility |
Only Employer funded |
The Ultimate in Employer Flexibility |
| 401(K) |
Employee's Subsidize Contribution
Expense |
Additional Administrative Work
and Costs |
Gets Employees Involved in their
Retirement Planning |
| Non-Qualified Plans |
Total Employer discretion |
No Immediate Employer Tax Benefits |
ERISA "By-Pass" Plans |
