Business Owners & Executives
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Rewarding and Retaining Key Employees
A split-dollar life insurance agreement (or “split-dollar plan”) is a strategy generally used as an employer benefit or for estate planning involving life insurance. It's an agreement between two or more parties to share the ownership, costs, and benefits of a permanent life insurance policy, like whole life.
Retirement Benefits Beyond the Qualified Plan Limit
A SERP is an employer paid deferred compensation agreement that provides supplemental retirement income to a participant, based on the employee meeting certain vesting or other specified conditions.
Managing a Concentrated Stock Position
If you have a large portion of your investment portfolio in a single stock, you have a concentrated stock position. Company founders, board members, senior management and other employees and individuals who might work for a public company and be compensated in part in its stock often end up with concentrated positions.
Making the Most of Your Stock Options
There is typically a vesting schedule attached to option grants that specify when you have the right to exercise your stock options. Companies can offer employees: Incentive Stock Options (“ISO”) Nonqualified Stock Options (“NQSO”).
Protecting Against the Cost of Care and Loss of Income
With asset-based long-term care insurance, policyholders can use their premiums to build cash value over time, which can be used to cover the costs of long-term care services. The policyholder can also receive long-term care benefits from the policy's death benefit.
Business Executives
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Business Executives
● Protecting Against the Cost of Care
A Smarter Way to Plan for Long-Term Care
Asset-based long-term care and annuity-funded LTC solutions combine long-term care protection with the guarantees of a life insurance or annuity contract. If long-term care is never needed, the remaining death benefit passes to your beneficiaries, so the funds you set aside are never wasted.
For business executives, it’s a way to protect both your family and your legacy without leaving funds exposed to a use-it-or-lose-it long-term care policy.
Why Choose Us?
At Wealth Preservers, we specialize in insurance solutions that help business executives protect what they’ve built. Our team works with you to design an Asset-Based LTC or Annuity-Funded LTC policy that fits your specific needs and budget.
Planning for long-term care doesn’t have to be complicated. We’ll walk you through your options so you can move forward with confidence, knowing you and your family are protected.
● Rewarding and Retaining Key Employees
A Win-Win for Key Employees and Employers
A split-dollar key employee arrangement lets a business share the cost and benefits of a life insurance policy with a valued employee. It’s a flexible way to attract, retain, and reward the people who matter most to your company.
For the key employee, it provides a meaningful financial benefit that helps protect their family’s future. For the employer, it’s a tool to strengthen loyalty and long-term retention.
Our team can help you design a split-dollar arrangement structured around your company’s goals and your key employees’ needs.
● Retirement Benefits Beyond the Qualified Plan Limit
Ensure Your Retirement Is as Comfortable as Your Working Years
A SERP is a non-qualified retirement plan an employer offers to provide additional retirement benefits to key employees, such as executives and senior managers, beyond what a traditional 401(k) or pension plan allows.
Why This Matters
A SERP helps employers attract and retain top talent by offering meaningful retirement benefits beyond the limits of qualified plans. For key employees, it provides a path to a more comfortable retirement, with income that supplements what traditional retirement plans alone can’t cover.
How We Help
At Wealth Preservers, we design SERP solutions tailored to both the company and the employees it’s meant to reward. Our team works with you to build a plan that fits your business goals and helps your key people plan confidently for retirement.
● Aligning Your Leadership Team With the Company’s Success
Empower Your Executives to Drive Your Company Forward
As a C corporation, your company has the opportunity to offer executive benefits that help attract and retain top talent, from stock options to deferred compensation plans, giving your executives real financial incentive to drive the business forward.
Executive benefits can also align your leadership team’s interests with the company’s, encouraging them to focus on long-term success rather than short-term wins.
How This Works
C Corp executive benefits are typically structured around specific goals or milestones, such as revenue targets or growth metrics, creating a culture of accountability while incentivizing your executives to work toward your company’s long-term success.
Ready to learn more about C Corp executive benefits? Contact us today to schedule a consultation.
● Funding It in a Tax-Efficient Way
Some SERPs are funded using a specially designed life insurance policy structured to satisfy the IRS’s seven-pay test, keeping the policy from being classified as a Modified Endowment Contract so its cash value can grow and be accessed on a tax-advantaged basis.
Our team can help you evaluate whether a seven-pay funding strategy makes sense as part of your company’s SERP design.
● Retirement Planning
Expert Retirement Planning Services
At Wealth Preservers, we understand the importance of planning for retirement, whether you’re just starting to think about the future or getting ready to retire. Our team helps you make informed decisions every step of the way.
Our retirement planning services are tailored to your unique goals. We take the time to understand your current financial situation and long-term objectives, then build a plan that works for you, from Social Security timing to investment options and everything in between.
Retirement Income Strategies
Our retirement income strategies are built to be flexible, so you can adjust as your needs and circumstances change. We help you identify potential income sources, Social Security, pensions, investments, and build a plan that balances growth with risk.
