Many business owners want to reward key employees without adding long-term liabilities. An Executive Bonus Plan uses life insurance to provide powerful, tax-efficient compensation that attracts and retains top talent.

Key Advantages of an Executive Bonus Plan

💰 Immediate Ownership
The policy belongs to the executive from day one, creating instant value and loyalty.

🏦 Tax-Deductible for the Employer
Bonuses paid by the company are generally deductible as a business expense.

🧾 Tax-Deferred Cash Value Growth
The life insurance cash value grows tax-deferred and can be accessed later for supplemental retirement income.

⚖️ Simple to Set Up
Unlike complicated qualified plans, executive bonus plans have minimal paperwork and no government reporting.

👨‍💼 Attractive Executive Retention Tool
Offers long-term benefits while allowing flexibility if the executive leaves the company.