Retirement Packages

Retirement packages are benefits offered by employers to help employees during their retirement years. They typically include a combination of pensions, savings plans (like 401(k)s), and health insurance. These packages are designed to provide financial security when workers stop earning a salary. Employees often contribute to their retirement plans while working, and employers may match some of those contributions. The goal is to ensure that individuals have sufficient resources to maintain their lifestyle and cover expenses once they retire, allowing for a more comfortable and secure transition away from full-time work.