Cadence Bank delivers cost savings and efficient solutions for your employees’ benefits, retirement and banking needs. Our employee benefit plans are structured for all types of businesses, from sole proprietorships to institutions. Our deep experience in creating and servicing these packages allows you to step away from the day to day business of your business, so you can focus on leading it.

Business Retirement Services

At Cadence Bank, our trust specialists work with you to understand what’s important to you, your business and your employees. From that solid foundation, we structure tailored platforms that strengthen your company’s retirement plans, ease administrative burdens and reward your employees.

We provide competitively priced full plan administration and investment management services for all plan types, including 401(k)s, IRAs, SEP-IRAs and Simple IRAs. We can serve as Corporate Trustee, Investment Advisor, Recordkeeper or any combination of the three.

Our experienced specialists can enroll and educate your employees in their desired retirement plan through on-site meetings, thus eliminating you and your employees from having to do so.

Our employee retirement services include:

• 401(k) plans
• Individual Retirement Accounts (IRAs)
• SEP-IRAs
• Simple IRAs
• Pension and profit-sharing plans
• Trustee and administrative services
• Participant record keeping
• Governmental filings
• Direct deposit for employees

Additionally, if you have a customer who is planning to retire soon, we can serve as Trustee or Custodian for their rollover IRA. We are able to deposit distributions from the IRA directly into their checking account for monthly living expenses, as well as transmit Federal Withholding Tax on their behalf if they are concerned about a large tax bill at the end of the year.