Are you a small business owner wanting to establish a retirement plan for your company employees, but are concerned by administrative costs?

See our trust professionals about a retirement plan for your business. Employers can sponsor tax-deferred savings plans, such as 401(k), 403(b) and SIMPLE plans.

Dollar limits on elective salary deferrals are increasing making these plan arrangements beneficial to their participants. In 2008, a participant can defer as much as $15,500 to a 401(k) or 403(b). Contributions to a SIMPLE plan are indexed to inflation. A participant over the age of 50 may also be able to make catch-up contributions, in the amount of $5,000.

Talk to our trust professionals to see which plan would be best for your business.

Contact us at 217-234-6430 or email trust@fnbbankingcenters.com.

INVESTMENT DISCLAIMER

• Not Bank Deposits
• Not Insured or Guaranteed by any Bank
• Not insured by any federal government agency
• Not FDIC Insured
• Involves Investment Risk, Including the Loss of Principal