PROVIDING BESPOKE AND INNOVATIVE INSURANCE SOLUTIONS
Because of the limits on the amount of money that can be contributed to qualified plans, executives may experience insufficient funds for their lifestyle upon retirement. Non-qualified deferred compensation plans offer a tax-deferred way to bridge this retirement gap by allowing for pre-tax savings deferral in excess of qualified plan limits with tax-deferred growth potential.
We work closely with each company and its general counsel to custom-design deferred compensation plans that attract top executives to ensure sufficient retirement security. We also ensure that each plan will provide key employees long-term incentive to remain with the company by deferring a portion of their salary until they achieve specific goals or objectives. This offers companies a unique strategy to achieve a sustainable competitive advantage in the marketplace where they maintain above-average profitability for a number of years.
We consistently create deferred compensation plans that achieve fundamental corporate objectives:
Attracting top executives by offering the option of deferring maximum compensation, including signing bonuses;
Motivating key employees to achieve corporate goals and maintain a high standard of performance;
Providing key employees with incentive to remain with a company; and
Contributing to a company's growth and profitability.