Executive Bonus: A Deductible Fringe Benefit for Select Executives
Do you have business prospects that would like to provide a retirement benefit for their key executives, but do not want, or cannot afford, to provide retirement benefits for all employees? Do the business owners want the business to receive an income tax deduction? Do the key executives also have a need for life insurance, such as to provide survivor income to a spouse or other heirs? If so, the executive bonus arrangement should be considered.
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