Retirement & Savings
Great American’s employees have several options in planning and saving for their future via retirement accounts. Our plan consists of two components: a 401(k) program and a Retirement Account.
401(k) Plan
Our 401(k) plan helps employees supplement their retirement savings. Employees may contribute a percentage of their eligible earnings on a pre-tax basis. The company will match a percentage of before-tax contributions with each pay period. Eligible employees may participate immediately upon hire. There is no waiting period to participate in the 401(k) savings and matching accounts.
Retirement Account
The Retirement Account is 100% funded by the Company. The contribution is allocated to each eligible employee’s Retirement Account based on the performance of the Company each year. Eligibility in the program is based on date of hire.
Employee Stock Purchase Plan
Our stock purchase plan provides employees the ability to purchase AFG stock at a discounted rate through payroll deduction.
Individual Retirement Annuity – Flexible Premium Annuity
Employees have additional opportunities to save for retirement through these annuity products.
Employee Discount Program
AFG offers many special Employee Discount programs to employees. These programs include discounts on cars, computers, wireless programs, entertainment and more! You can save money by being a Great American Employee.
Profit Sharing Program
In addition to the Total Rewards Program, Great American offers a discretionary Profit Sharing Program to all non-Officers. Payments are based on both the profitability of an individual business unit as well as Great American corporate performance.