Different classes of employer-sponsor plans include retirement saving plans and group healthcare plans.
Employer-sponsored retirement savings plans are useful for the employees because it presents them with an automatic savings device, provides tax breaks and, in some cases, offers free money in terms of employers matching the employee's contributions. Some examples of retirement employer-sponsored savings plans are 401(k)s and the some forms of IRAs.
Group healthcare plans are often seen as a premium for employees due to the rising cost of healthcare services.
Investment dictionary. Academic. 2012.
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