Executive benefit plans are an important tool used in attracting and retaining an organization’s top executive team members. While benefits payable under qualified benefit plans are often limited for highly compensated individuals, executive benefit plans can be tailored to meet the specific financial needs of key employees. Life insurance can often be used to informally finance nonqualified benefit plans which can often produce a “win-win” situation for both the company and the executive.
Some of the executive benefit plans that we specialize in designing and implementing include:
- Split Dollar Plans
- Supplemental Executive Retirement Plans (SERP)
- Death Benefit Only Plans (DBO)
- 162 Executive Bonus Plans
- Deferred Compensation Plans
To learn more about how executive benefit plans could help your organizaiton, please contact us.