Employer Offered or Sponsored Gold Savings Plan™
Great American Bullion enables employers to offer or sponsor a flexible Gold Savings Plan™ (GSP) for their employees. GSP is offered by C-Gold Technologies LLC the "Provider" Dba Gold Savings Plan. GSP is designed to enable employers, employees, contractors or willing and able people, to buy gold, silver, platinum and palladium on a weekly, biweekly, semi monthly, monthly or quarterly basis. Employer funded, subsidised or employee funded plans are managed by the employer. Individual plans are managed directly by the individual through our website by signing up here: https://www.goldsavingsplan.com/auth
To learn more about this plan contact your Corproate Account Representative or send us a note here.
Benefits to Employers
By Offering the Gold Savings Plan™ to their employees, employers
1. Will be able to effectively reduce turn over, increase employee retention and reduce turnover costs to include recruiting, training, and severance costs.
2. Will have the option to buy Gold Savings Plan products into the future. Such gold reserves, will be considered an asset, which can be traded and can yield substential returns to select Employers.
3. If publicly traded, can see increased share prices and values driven by market and stakeholder positive sentiment.
Understanding the Employer Offered - Sponsored Gold Savings Plan™
Many people across the world are concerned about inflation, devalutation of currency, and geopolitical events that affect their purchasing power. Many have turned to gold coins and bars to buy, store and use in case of an emergency, or to save for their kids college tuition, to pass down to their family, or for a rainy day. Not everyone, however, can afford to buy gold in large sums.
The Gold Savings Plan™ (GSP), extends the opportunity to anyone looking to benefit from having gold coins and bars to accumulate on a paycheck by paycheck contribution.
Employers have three options to offer the Gold Savings Plan™
- Employer Funded Plan
- Employer Subsidised Plan
- Voluntary Plans Funded by the Employee or Contractor
OPTION 1: EMPLOYER FUNDED PLAN
Employer funded plans may increase employee retention and overall satisfaction with benefits offered. Here, the employer decides on a budget per employee. This can be customized per employee group. Following are different options:
- Employer allocates a fixed dollar amount per paycheck across the entire organization or for select groups.
- Employers allocates a fixed percentage of the paycheck across the entire organization or for select groups.
- Employers can select a vesting period, if a beneficiary employee meets this vesting period then the employee can withdraw the accumulated gold. If the employee does not meet the vesting period the gold will be retained by the
employer
OPTION 2: EMPLOYER SUBSIDISED PLAN
Subsidised plans encourages the employee to enroll with a matching contribution from the employer up to a dollar amount or percentage of a contribution.
OPTION 3: VOLUNTARY PLAN FUNDED BY THE EMPLOYEE
Voluntary plans funded by the employee can be in addition or instead of the employer funded plan. Here, the employer offers and the employee decides whether or not to enroll and chooses the desired budget per paycheck.
Which products qualify for the Employer offer-sponsored Gold Savings Plan™
Employers and employees will benefit form available gold, silver, platinum and palladium coins and bars:
|
GOLD 1/100oz Gold Increments |
SILVER 1/10 oz silver increments |
Employer On-Boarding Process
Employer on-boarding is swift and simple, complete the following Enrollment Form: https://www.goldsavingsplan.com/employers-form, and one of our GSP representatives will coordinate with the employer representative to complete the on-boarding process:
- All necessary employer information,
- Select one or more from the employer options (Employer Funded, Employer Subsidized and Voluntary Employee Plan)
- Choose the Coins and Bars
- Indicate the amount per paycheck and the group of employees
Our team will then create the employer master account, and provide the employee onboarding link to the employer
Employee Enrollment Process
Once the employer is on-boarded, the following employee enrollment link: https://www.goldsavingsplan.com/employees-form will be provided to the employer to provide to the employee. Aditionnally, we will provide supporting documents to the employees to include a Gold Savings Plan presentation, and coordinate a webinar to help employees onboard.
Gold Savings Plan™ FAQs
When can I take delivery of my accumulated precious metals in my Gold Savings Plan™?
Once a year, all metals accumulated in your Gold Savings Plan will be shipped to you.
Can I pause or Cancel my Gold Savings Plan™, and what happens to any metals I have acquired?
Yes, at anytime, you can pause or cancel your plan by calling Great American Bullion, emailing us or sending us a message via the contact page. All accumulated metals will be shipped to you. Shipping charges may apply.
Can I buy more than one metal?
Yes, you can choose any coin or bar, or a combination thereof.
