Job benefits such as a 401k retirement plan or medical, dental, and vision coverage have become commodities in the job market. For many business owners, having a variety of tax-efficient compensation plans has been critical in retaining employees who are essential to the operation of a successful business. What if employers could offer candidates cash bonuses and life insurance coverage, through a policy paid for with tax-deductible premiums?
In this episode of Money Script Monday, Laurence illustrates how companies can create a win-win scenario with an indexed universal life policy and an Executive Bonus 162 Plan to attract, attain, and retain top executives.
Resources Provided for This Episode
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