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We understand that, next
to health insurance, the number one benefit people want is a solid retirement
package. Old Second is a leader in the industry by providing you with excellent
opportunities to accumulate significant retirement savings through our tax-qualified
plans!
- 401(k)—Old
Second offers a 401(k) Salary Savings Plan that matches dollar for dollar up
to 6%. There is no percentage limit for your deferrals, subject to statutory
wage limitations. Under our safe harbor provision, you are immediately vested
in your deferrals and match.
- Profit Sharing—In addition to the 401(k), Old Second offers a discretionary non-contributory Profit Sharing Plan.
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