A Double Bonus Plan enhances the executive bonus concept by having the company pay both the bonus and the taxes owed on it—creating a “net zero” tax burden for the executive.

Key Advantages of a Double Bonus Plan

🪙 Tax-Free to the Executive
The company covers both the premium and the tax, maximizing take-home value.

📈 Tax-Deferred Growth
Cash value inside the life insurance policy grows tax-deferred, providing long-term wealth accumulation.

💡 Powerful Recruiting Tool
Show executives you care about their long-term financial future.

🔒 Retention Incentive
Provides ongoing value that encourages key employees to stay long-term.

🏢 Flexible Design
You can choose benefit amounts, vesting schedules, and funding levels based on performance.