financial

Why Life Insurance is Often Used to Informally Fund a Nonqualified Deferred Compensation Arrangement

The changing demographics of the United States are having a profound effect on the labor supply in the nation. The population is aging, with the number of baby boomers reaching ages 65 and over expected to outnumber those ages 18 and under by 2034. (1) This is contributing to a tight labor market. At the […]

SERPs Provide Supplemental Retirement Income With Qualified Plan Limits

Have the limitations of qualified plan funding reduced the ability of your business clients to provide highly compensated executives with retirement benefits? Would your business clients be interested in providing a supplemental benefit to a select group of key executives as long as the arrangement binds the executive to the company? If so, a Supplemental […]

REBAs Provide Employers with a Deductible Executive Benefit Plan with Handcuffs

In today’s business environment, executives are sometimes reluctant to participate in benefit programs where their employer’s obligation is nothing more than an unsecured promise. They have legitimate concerns about the effect that bankruptcy, buyouts, and management changes could have on future benefits. Would your business clients be willing to address these concerns if it could […]

Four Planning Strategies for An Uncertain Estate Tax Future

The current federal estate tax has gone through a constant stream of changes over the past few decades. There have been attempts to repeal the tax, changes to the exemption amount, and changes to the tax rates.In recent years the changes have favored reduced taxes, but this has not always been the case. During times […]