Executive Benefits
Executive Benefits
- Salary Continuation Plans
- Split Dollar
Insurance Plans - Deferred
Compensation Plans - Supplemental Executive Retirement Plans (SERP)
- Executive Bonus Plans
- Executive Group Term Carve Out Plans
- Supplemental Executive Diability Income and Long Term Care Plans
Programs like 401(k) plans are a good start, but they may not meet the financial expectations of the most talented executives. Executives want to enjoy a rewarding, worry-free retirement, pay for their children's college education, and establish sound financial security. They participate in retirement programs to make these dreams realities; however, due to government limitations, executives may not be able to achieve these lifestyle goals through current benefit programs.
Non-Qualified Executive Benefits enable employers to selectively reward key employees and executives. These benefits help to attract key executives who will contribute to a company's growth and profitability. A well-designed executive benefits program provides incentives that help retain key employees and executives.
At Barry, Evans, Josephs & Snipes, we design, implement, and administer executive benefit plans that supplement restrictive qualified retirement and group insurance plans. We create executive benefit plans that are cost-efficient and effective. Our programs are designed to meet the personal needs and goals of executives within the context of a business' overall corporate financial goals.
