Corporate Retirement Plans

Corporate Retirement Plans 

Helping You and Your Employees Meet Retirement Goals

Retirement savings programs are extremely important to both employers and employees alike. For businesses of any size, establishing an employee retirement plan is an important step in attracting and retaining an experienced and qualified workforce. 

As a business owner, you have many issues vying for your time and resources. Unfortunately, the complexity and expense of managing a retirement plan and the resources necessary to take retirement administration “in-house” prevents many businesses from offering a plan to their employees. Our Retirement Services Group can help alleviate these and many other obstacles by guiding and advising you through every step of the process, from plan design and implementation, to recordkeeping and compliance testing.

Our retirement planners will design, manage and promote a retirement plan solution that precisely meets your needs, and helps your employees meet their retirement goals. Because we are very active in the local business community, we are aware of the unique needs of local businesses and their employees. We do not outsource the administrative support you require, including tax reporting and annual filings. We also provide education and guidance to your participants, so that your employees can fully appreciate the value of the plan you choose.

Chemung Canal Trust Company offers a comprehensive range of retirement planning services and savings options that permit both tax-deductible contributions and tax-deferred earnings including:

  • Administration services
  • Annual form 5500 and tax reporting
  • Investment services
  • On-site employee educational workshops
  • Explanation of plan-specific investment options
  • Personalized planning


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