Executive bonus plans can provide key executives significant benefits on a tax-deductible basis for the employer in an effort to recruit, reward and/or retain top talent.
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The information contained herein is based on our current understanding of federal tax and state insurance laws as they relate to life insurance, annuities, ERISA qualifies retirement plans or other subject matter discussed.
These laws are subject to change in the future. Turtle Creek Financial Group and or its associates do not provide tax or legal advice.
Please consult your own advisors for legal, tax or accounting advice.