What is an Executive Bonus Plan, and how does it work?
An Executive Bonus Plan is an employer-funded benefit for key employees. Employers use life insurance policies to provide:
FAQs
Is life insurance a good investment?
Yes, certain types of life insurance, like Whole Life Insurance, offer investment benefits. They provide:
How can I build wealth while paying off debt?
Focus on high-interest debt first. Contribute to retirement savings simultaneously, even if it’s a small amount. Use strategies like Infinite… Read More »How can I build wealth while paying off debt?
What is a Fixed Index Annuity, and how does it work?
A Fixed Index Annuity (FIA) is a safe retirement investment that provides:
What’s the difference between a 401(k) and an IRA?
401(k): An employer-sponsored retirement plan that allows pre-tax contributions, often with employer matching. IRA (Individual Retirement Account): A personal account… Read More »What’s the difference between a 401(k) and an IRA?