Premium Financing.
Premium finance is a strategy used by wealthy individuals and business owners to finance premiums for large life insurance policies. The strategy allows a high net-worth individual who has a need for permanent life insurance to use an alternative method for paying the premiums. Rather than using their current cash flow or assets to pay for those premiums, they may choose to finance them from a bank. Individuals who are well suited to the strategy understand both the power, and associated risks, of leverage.
Premium finance is very attractive for healthy insured’s between the age of 25 -55, but arrangements can be successfully designed for clients up to insurance age 70. There are many options to consider when designing and implementing a financed life insurance policy, and we appreciate the opportunity to work with you and your clients to suggest policy designs that might be suitable for financed life insurance.
Captive Insurance.
A Favorite for our Pro Athletes
Both large corporations and smaller, closely held businesses can enjoy the attractive risk management and tax planning benefits of operating their own Captive Insurance Company. We help you determine if a Captive Insurance Company can benefit your organization, then we offer strategies to establish and manage the Captive.
Executive & Employee Benefits.
Executive Benefits are a way to provide special benefits to the owners and key people of a business. The Executive Benefits a business owner can offer are a great way to reward the people who are key to your business today, while creating incentives for continued great work and creating a platform to help recruit the people you want – those are just a few of the advantages an executive benefit program may help you accomplish.
Executive Benefits are normally provided to a select group of employees. This may include the owners, other highly compensated individuals or a select group of management. These plans are not designed to benefit all of the employees in the business.
There are a number of programs available underneath the umbrella of Executive Benefits. The information and material you will find on this page are designed to help guide you through a variety of programs and key concepts. You may find more detailed information on specific programs on other areas of this site.
403(b) Plans.
The 403(b) is a tax deferred retirement plan available to employees of educational institutions and certain non-profit organizations as determined by section 501(c)(3) of the Internal Revenue Code. Contributions and investment earnings in a 403(b) grow tax deferred until withdrawal (assumed to be retirement), at which time they are taxed as ordinary income.
As an approved financial consultant for the largest school district in the country, Los Angeles Unified, we provide financial literacy to educators on their pensions and 403(b)/457 plans.
There are many options to consider when designing and implementing a 403(b) policy, and we appreciate the opportunity to work with you and your clients to suggest policy designs that might be suitable for 403(b).