“Executive Bonus” Can Work For You Even If You Aren’t An Executive

How Internal Revenue Code (IRC) Section 162—Aka “Executive Bonus”—Can Work For You Even If You Aren’t An Executive

Executive bonus has practical applications that you may not know about. You can get benefits that protect you and provide tax advantages to the business.

You own or run a business (and even if you don’t, but you work for one, this is something you want to bring to the attention of management).

You concentrate on the practical everyday responsibilities for you and others in the business operations. You may not be thinking specifically of life, disability, and long-term care coverage.

However, you might be concerned about:

· Continuing your current lifestyle.

· Protecting your paycheck.

· Making sure you have the care you need in a situation where you could be disabled for months or even years.

· Taking care of your family should you die too soon.

So, you might then request quotes and information to protect through insurance these three key areas: Life, Disability, and Long-Term Care insurance coverage.

You will be asking yourself, “What will this cost me now to be protected for the future? Will I be able to afford it?”

“Executive Bonus” planning is a way to help you get the desired coverage. Regardless of your profession—attorney, tradesman, retail business owner—you make executive decisions. Business owners can provide these benefits to key employees.

I will work with you to help navigate the steps to put together a solid, lifelong plan which makes total sense for you and for the business.

We will discuss the implementation through your company which will allow you to obtain tax-free insurance benefits for yourself and your family as well as substantial tax deductions for your company.

I look forward to hearing from you soon!