Strategically using Life Insurance as Part of Executive Compensation

That future obligation is a liability on the company's books, so companies frequently “informally fund” these plans by offsetting the liability ...

Strategies To Create Executive Compensation Plans Using Life ...

Successful companies understand the importance of rewarding their key employees, and using a key man life insurance policy is one way to do it. An executive ...

How To Choose the Right Executive Compensation Strategy

The main purpose and advantage for using permanent, cash value life insurance is the death benefit. Some executive compensation strategies provide the death ...

Executive Bonus Life Insurance: A Tool to Win the War for Talent

If your organization is looking for ways to attract & retain top executives, consider providing this incentive to key individuals as part of ...

Incentivizing executives with Section 162 bonus plans - Modern Life

In a single-bonus arrangement, the business provides a total bonus equal to the amount of life insurance premium. The employee pays income tax ...

Executive Bonus Life Insurance: What It Is and How It Works

Generally, this means that a business can pay for the premiums of executive bonus life insurance with money that is fully tax-deductible(as long ...

How to Understand an Executive Bonus Plan Without Being an Expert

A Section 162 executive bonus plan is a way to attract, reward, and retain key employees using life insurance.

Retaining top talent through executive bonus plans using life ...

Offering life insurance as part of a compensation package can help companies show that they care about their executives' financial well-being ...

Why You Should Consider Life Insurance for Your Executive ...

Incorporating life insurance into compensation packages serves as an effective retention strategy. Executives are more likely to stay with a ...

What is a Section 162 executive bonus plan and how does it work

Executive bonus plans (Section 162 plans) use life insurance benefits to entice and keep key employees at your company.

Executive Bonus Strategies | Financial Professional

Executive bonus arrangements provide a key employee with a bonus used to fund a permanent life insurance policy: ... pay the premium on the life insurance policy.

Life Insurance For Executives | Blue Herring

Executive compensation plans utilize life insurance policies to help companies retain executives and other key personnel for as long as possible. These plans ...

Retaining Key Executives With Insurance Strategies - ThinkAdvisor

The basic form of the employer-sponsored life insurance-funded executive bonus plan is referred to as a Section 162 bonus plan. In this ...

Maximizing Executive Compensation: A Strategic Guide for ...

Life insurance provides financial security for executives' families in the event of their untimely passing. It can help cover expenses, such as ...

Executive Comp for Nonprofits - Life Insurance Strategies Group

In addition to this split-dollar strategy, nonprofit organizations are turning to a number of life insurance-based solutions for their executive ...

How Life Insurance-Based Executive Benefits Can Motivate Loyalty

Select key employees are given the opportunity to own a permanent life insurance policy insuring themselves, with the employer paying the ...

Using split-dollar arrangements in executive compensation plans

The key to making this strategy even more effective is using a cash-value life insurance policy in the split-dollar arrangement. The company max ...

How Insurance Can Benefit Your Business - Baird Wealth

Executive bonus plans (also known as Section 162) offer additional death and retirement benefits through life insurance for selected employees, ...

Life Insurance: The executive bonus that keeps on giving - LinkedIn

An executive bonus arrangement, also sometimes referred to as a “Section 162 Bonus Plan,” is a benefit arrangement in which an employer pays ...

Culture From the Top Down: Executive Compensation Plans ...

Split-dollar life insurance is a way for an executive to receive life insurance coverage leveraging employer dollars and premium payments.