EMPLOYEE BENEFITS

Caring for You

We are all family here at RMD Management, and we want to help take care of you the best we can.  RMD provides benefits like health insurance, retirement plans, health savings accounts and flexible spending accounts. To learn more, look through the documents and descriptions provided below. If you ever have questions, just submit a question form and our team will work to help you find the best option.

Doctor taking blood pressure of older patient

HEALTH INSURANCE

RETIREMENT

EMPLOYEE NAVIGATOR

HEALTH SAVINGS ACCOUNTS

FLEXIBLE SPENDING ACCOUNTS

Retirement Protection

401K RETIREMENT PLAN

Saving for the Future

A 401(k) plan is an arrangement that allows an employee to choose between taking compensation in cash or deferring a percentage of it to a 401(k) account under the plan. The amount deferred is usually not taxable to the employee until it is withdrawn or distributed from the plan. However, if the plan permits, an employee can make 401(k) contributions on an after-tax basis (these accounts are known as Roth 401(k)s), and these amounts are generally tax-free when withdrawn. 401(k) plans are a type of retirement plan known as a qualified plan, which means that this plan is governed by the regulations stipulated in the Employee Retirement Income Security Act of 1974 and the tax code.

Qualified plans can be divided two different ways: they can be either defined-contribution or defined-benefit (pension) plans. 401(k) plans are a type of defined-contribution plan, which means that a participant's balance is determined by contributions made to the plan and the performance of plan investments.