Executive Benefits

The core of any company resides in its executives and key employees. These are the people making long-term decisions that will steer your company’s fate. You can be a first-rate organization or small business with a large impact. Your executive and director benefits are an important tool to reward key talent and keep talent on your team. You need to establish and maintain an executive benefit plan that beats your industry’s standard, and at Kabri Financial we create packages that will draw the attention of the best talent in your industry.

Why do you even need executive benefits? Traditional broad-based benefit programs like a 401(k) or a Profit Sharing Plan or even a Pension often result in a disparity. Often the nondiscrimination rules of those plans do not allow flexibility to adequately reward your key performers.

The tools for building world-class executive benefit plans are clear.

• Deferral plans push a portion of salary and bonuses out to a later time when executives are generally in a lower tax bracket.
• Supplemental Executive Retirement Plans (SERPs) can guarantee sufficient income at a later date, such as retirement, for your top talent.
• Split-Dollar Loan arrangements can offer the retirement income of a SERP with greatly reduced expense.

Welfare plans such as life, disability, and long-term care insurance are important and expected, and they need to be top-notch. These asset protection services help executives retain what they earn, grow it, and stay on board for more. Kabri Financial works with your team to put together the best executive benefit plans for your institution. We do all the legwork and implementation. Let us help your team run your business the right way, and let Kabri Financial make sure you’re rewarding employees with an attractive executive benefit plan.