Why Executive Benefits / Executive Retirement Plan?
Non-qualified executive benefit plans offer flexibility to the employer that traditional qualified plans cannot offer because of potential discrimination issues. With a non-qualified plan; however, the employer has the ability to carve out certain highly compensated individuals they would like to reward. These plans can be custom tailored to meet a specific executive’s individual wealth management needs.
In a non-qualified plan, the executive will no longer have the same contribution restrictions that traditional retirement vehicles impose. The executive also enjoys preferential tax treatment on the growth of the assets prior to the executive’s retirement.
At Blackrock Financial Group, our executive benefit plans are designed to accomplish specific objectives of an organization. Whether to ATTRACT, RETAIN, or RETIRE key people, the plan document creates the terms of the agreement between employer and executive. The agreement clearly outlines the expectations and rewards that both the employer and executive will abide by and receive when complete.
Non-qualified executive benefit plans offer flexibility to the employer that traditional qualified plans cannot offer because of potential discrimination issues. With a non-qualified plan; however, the employer has the ability to carve out certain highly compensated individuals they would like to reward. These plans can be custom tailored to meet a specific executive’s individual wealth management needs.
In a non-qualified plan, the executive will no longer have the same contribution restrictions that traditional retirement vehicles impose. The executive also enjoys preferential tax treatment on the growth of the assets prior to the executive’s retirement.
At Blackrock Financial Group, our executive benefit plans are designed to accomplish specific objectives of an organization. Whether to ATTRACT, RETAIN, or RETIRE key people, the plan document creates the terms of the agreement between employer and executive. The agreement clearly outlines the expectations and rewards that both the employer and executive will abide by and receive when complete.
Why Use an Executive Retirement Plan?
