Deferred comp plans can be complex and heavily regulated. An Executive Bonus Plan provides similar benefits—without the red tape.

Key Advantages of Executive Bonus Plans Over Deferred Comp

🗂️ No IRS Approval Needed
Avoids the strict compliance rules of deferred comp plans.

💸 Immediate Ownership
The policy belongs to the executive, not the company.

⏰ Immediate Funding
Bonuses are paid right away—no waiting for years to receive benefits.

📉 No Balance Sheet Liability
The company has no long-term obligation once the bonus is paid.

💬 Simple, Transparent, and Flexible
Easier to explain, manage, and customize for each key employee.