Financial Services for Businesses
- Overview
- Business Owner & Executive Compensation Benefits
- Succession Planning
- Employee Benefits
- Retirement & Savings Plans
- Voluntary Insurance Through Payroll Deduction
- Retirement Distribution Planning
- Estate & Family Wealth Transfer Planning
Employee Benefits
Deferred Compensation
Owners and key employees could use this plan to reduce current income by deferring payment of some of their salary until retirement. There are multiple tax advantages to both the employer and the participant with a deferred compensation plan.
Bonus Arrangements
Establishing a distinctive compensation plan can help you recruit and retain top talent. As an advantage to the business owner, you can be selective as to whom and how much to benefit a key employee and the bonus arrangement generally requires no ongoing administration or IRS approval.
Split Dollar Arrangements
This is a plan where the business can assist a key employee, including you as the business owner, with the purchase of permanent life insurance. Split dollar is a highly flexible employee benefit which allows an employer to provide valuable life insurance protection for selected.