Deferred Compensation Plan

With tax advantages and a death benefit, a universal life policy is well suited for providing Deferred Compensation and financial security for the future.

What is it?

Deferred Compensation is an insurance-based retirement plan where a portion of an employee’s income is paid at a specified future date. The business owner purchases a life insurance policy that accumulates cash value that can be used to supply income later in life.

 

November 24th, 2015 by R.S. Maseychik Agency, Inc