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Executive Bonus Plans
 
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Health Benefits Program
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Executive Benefits Program
       Buy-Sell Planning
       Split Dollar Life Insurance
       Key Person Life Insurance
       Executive Bonus Plan
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Health Promotion Program


An executive bonus plan allows a business to purchase life insurance on selected key executives on the company, including yourself. 

These plans can help you plan for the future and provide tax-deferred strategies for retirement, estate liquidity, death benefit protection and much more. 

Why provide Executive Bonus Plans? 

Employers: 

• Reward top executives in a tax deductible way 
• Encourage executive loyalty 
• Select participants without any discrimination rules 
• Create a plan that is simply to manage 

Employees: 

• Own a life insurance policy 
• Cash value for retirement on a tax-deferred basis 
• Receive a cash death benefit for beneficiaries 


How it works? 

Purchase life insurance that is paid by the business. The business owners can pay the premium directly or indirectly through a salary bonus. The bonus amount is deductible as a ordinary business expense. The bonus amount is taxable to the employees just like any other cash bonus. 








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