We feel that employee benefits packages and 401(k) plans aren’t just for CEOs and big corporations. Companies of any size – and their employees – deserve great benefits too. If you’re an employer wanting to provide for the future of your staff, let us tailor an employee benefits plan to meet your needs. All it takes is one phone call to our financial planning professionals. Maquoketa State Bank offers administration for all types of retirement plans including:
If you have considered offering your employees a salary deferral 401(k) but the administration process seemed unmanageable, let Maquoketa State Bank help. MSB offers administration of a Cafeteria Plan that benefits the employee and the employer. The Section 125 or Cafeteria Plan allows employees to pay for medical expenses, dependent day care and premium costs before federal, state and social security taxes are computed on the employee’s pay. The employer will save social security taxes on the amounts that employees have deducted for premium costs, dependent day care, and medical expenses.
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Deposit and loan products offered by MaquoketaState Bank, Member FDIC, Equal Housing Lender.
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