You are now a certified financial planner who has recently graduated from college. Your parents are helping you to get started in your new business. Since your parents own a midsize company, they decide that IF you can come up with a good retirement plan for the 275 employees that they employ, they will hire you as the financial planner for the business. They want to make sure that all the employees in the company have some medical benefits as well as income when they retire. Most of these people have worked for your parents since you were a little child and you call many of them "Aunt" or "Uncle.

What are you going to suggest to your parents? Are 401K's the way to go? What about Roth IRA's? Perhaps some type of stock option? Most of the employees (200) are making $65,000 a year right now and have been employed with the company for at least 15 years. What are you going to suggest? What do you think makes the better plan for these loyal and hardworking employees?

Make sure you cite your references in APA format and response has to be 250 words.