Executive Benefits
You want to attract and retain the best C-suite leaders, and the key is to offer executive benefits that go beyond salary. Executive benefits plans can be offered to a select group of employees and aren’t subject to IRS limits on retirement plan contributions or benefits. And best of all, they provide tax breaks for both your business and your participating employees. There are many executive benefit options you can offer, including:
- Selective Executive Retirement Plan (SERP)
- Deferred compensation
- Buy/sell agreement, which enables orderly business transition
- Voluntary benefits, like dental and vision care
- Life insurance
- Disability insurance
- Long-term care insurance
- and more
Kelly Miller Insurance Associates can set up or maintain your executive benefits plan and help you avoid any IRS penalties or surprise taxes. We can also help you manage risk related to high net worth employees of your company.