Executive Bonus Plan
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.
- A way to reward key employees with no discrimination rules.
- A plan where all contributions can be tax deductible.
- A plan that is simple to administer and requires no IRS approval to implement or terminate.
“
All well managed portfolios hold defensive reserves. ”
Harlan W. Wiese
RFC
LUTCF
CLTC
Private Client Division
Brokerage Manager
“
Successful people make a habit of doing what unsuccessful people are unwilling to do. ”
Holly L. Hullum
Private Client Division
“
The success of a financial strategy is often more dependent on its systematic nature than its rate of return. ”
Kurt G. Poetschke
Private Client Division
“
Compound interest is good, compound taxation is bad. ”
Ray Croff
CLU
ChFC
RFC
CAP
Registered Financial Consultant
Managing Partner - Denton
“
Our firm philosophy is simple: protect assets, grow wealth & live well. ”
William E. Watson III
Registered Financial Consultant
President
General Agent
“
The best time to plan is before you have to. If you wait until you have to plan, you are reacting and not planning, and your options are very limited. ”
Stephen Hull
MBA, RFC
Registered Financial Consultant
© 2022 Turtle Creek Financial
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.