Life Insurance & Deferred CompensationContact & Navigate
Life & Deferred Compensation plans provide extra retirement benefits to selected employees, as well as additional life insurance benefits to the employee's family. These attractive plans can help you compete for and retain executives and key employees.
Life & Deferred Compensation plans are an appealing way to cut tax liability while offering added benefits for employees. Funding for a salary continuation plan is paid by the employee, and no taxes are owed on these funds until payment is received.
Deferred Compensation is ideal for a variety of businesses, including:
- Firms looking to offer more competitive benefits
- Companies with employee 401(k) plans that are restrained by IRS limitations from making maximum contributions