Executive Bonus Plans are a popular vehicle  to supplement retirement plans for business owners.  Properly structured, Executive Bonus plans allow you to pay for personal life insurance with tax deductible premiums and tax deferred build up of cash values.

With the Executive Bonus Plan, the business pays the premiums and:

• Executives receive a permanent life insurance policy that provides tax deferred accumulation of cash values

• Executives receive a valuable supplement to retirement income to help act as "Golden Handcuffs" to retain your most valuable executives and employees

• A bonus that is tax deductible to the business as compensation

Another popular option for executive compensation is the Non-qualified Deferred Compensations Plan, which uses life insurance as a funding vehicle because of tax advantages that accrue for the executive and the company.

Deferred compensation, one of several plans that are known as "Golden Handcuffs" plans,  is based on an promise by the company to compensate the executive after a period of time. The package includes a sizable life insurance component.

The executive is encouraged by such promises to stay long enough to get the package, and also to help the company prosper.  The insurance carrier provides the policy that can grow to a sizable value to help the executives keep their eye on the ball, so to speak, doing the right thing to help the company up to and beyond the date of retirement.

Contact Us today for more information on Executive Benefits and other business planning solutions.

For more information contact us to get started today!

Gain Financial Services, Inc.
3200 Cherry Creek South Drive
Suite 700
Denver, CO 80209

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Call us today at (303) 456-7967 or toll-free at (800) 416-4481