Low cost Group Long Term Care can provide valuable protections to help pay the high cost of long term care. The program pays benefits for all levels of care in a nursing home, comprehensive home care including skilled nursing, personal care and homemaker services. This plan is available to employees and their immediate families to include your spouse, parents, and grandparents. National Headquarters Opportunities Much of what we do at the American Red Cross deals with saving. An early retirement option is available.
Employees can also elect to contribute on an after tax basis to an annuity within the plan.
Voluntary contributions can be made to the plan on a pre or post tax basis through payroll deductions. The Red Cross has chosen 3 very reputable companies to provide our employees with the option of enrolling in a plan that fits their lifestyles and investment strategies. Lincoln Life and Aetna provide Annuity Contracts and Vanguard provides a custodial account for investing in Mutual Funds. All earnings are generated on a tax-deferred basis until withdrawal. We felt that it was necessary to provide our employees with options to help them prepare for retirement.