Shaking Hands

Executive Benefits

Our focus and biggest value add is in designing plans, from a structural and plan provisions perspective, that provide ways for executives and companies to accumulate wealth on a tax favored basis.

 

Our expertise is in plan design, funding, financing, implementation, and administration of non-qualified executive benefit plans to better attract and retain executive talent for publicly traded and privately held companies as well as financial institutions.

Executive Benefits Focus

Deferred Compensation Plan (DCP)

Concept where an executive can elect to defer, pre-tax, an unlimited amount of compensation (salary and/or bonus) and receive that compensation as a distribution at a specified period in the future (distributions are taxable as ordinary income). This deferral grows tax-deferred and the plan is not subject to discrimination testing unlike qualified retirement plans.  

Long Term Incentive Plan (LTIP)

A company paid benefit designed to help the company ​achieve specified performance goals and retain key talent. Contributions are ​performance-based and can vest over time. Benefits accrue tax deferred and may be received during employment or at retirement.  

Super Roth

An executive owned, company endorsed benefit that allows the executive to contribute unlimited after-tax dollars. The executive directs the company to ​make contributions into the plan from their compensation. Distributions are income tax-free by way of withdrawals up to basis followed by loans taken against the policy thereafter. Plan can also provide asset protection.  

Split Dollar Plan

Life insurance policy on an individual where the death benefit is shared ​between the company and the individual. Premium payments are made by the company and Split-Dollar Plans are typically structured to where ​the company is reimbursed for their premium payments upon the death of the executive. 

Supplemental Executive Retirement Plan (SERP) 

A company paid benefit designed to maintain the ​executive’s employment until retirement when the executive will then receive this as a stream of taxable income. Contributions can be made through ​defined contributions during employment and accrue tax-deferred or the ​benefit provided at retirement can be a defined benefit which is based on a ​formula (e.g. 50% of the executive’s 3 year average salary). ​ 

Executive Disability Income (EDI)

Allows for income replacement for a specified duration (typically through age 65) in the event an individual suffers a disability and is unable to work. EDI typically picks up where Short-Term Disability ends, and the plan can be structured in a number of ways including whether or not the individual is able to find work in their current occupation (own occupation).  

Executive Long Term Care Plan

Insurance used to offset costs associated with assisted living expenses from ​a care giver. These benefits are received income tax-free with a guaranteed death benefit and return of premium if the Long Term Care is not used. Premium payments can be made after-tax by either the company or the ​individual and the policy is individually owned.  

Estate Preservation Plan (EPP)

A company paid benefit that creates an asset outside of the executive’s estate. At death, the tax-free death benefit can be used to offset the executive’s estate taxes.​

 
 
 
 
 
 
 
 

5690 West Cypress Street, Suite A,
Tampa, Florida 33607
Phone: +1.813.367.1111 • Fax: +1.813.433.2488
support@mezrahconsulting.com 

Privacy

  • Facebook
  • Twitter
  • LinkedIn
  • YouTube

© 2021 Mezrah Consulting. All rights reserved.


Disclaimer:
Mezrah Consulting and/or its agents are licensed to sell traditional life insurance in: AL, AZ, CA, CO, CT, DC, DE, FL, GA, HI, IL, LA, MA, MD, NJ, NY, VA, WV. Insurance services are limited to residents of the above listed states. Residents of other states should consult with a local agent for insurance services.


Securities offered through Lion Street Financial, LLC (512.776.8400), member FINRA, SIPC. Investment advisory products and services offered through Lion Street Advisors, LLC, an investment advisor registered with the SEC. Lion Street Financial, LLC and Lion Street Advisors, LLC are affiliated companies and do not provide tax or legal advice. Variable life and annuity products, as well as other securities products, may be sold in the following states: CA, MD. Residents of other states should consult with a local registered representative for securities products.


The contents of this site are for informational purposes only and are not to be construed as an offer to sell or a solicitation to buy any securities. Such offers can only be made where lawful under applicable law. The contents of this site have been compiled from sources that we believe to be reliable, but are not guaranteed. Mezrah Consulting does not warrant, guarantee or make any representation, or assume any liability with regard to financial results based on the use of the information in the site.


The principal place of business and the state of domicile for Mezrah Consulting is: 5690 West Cypress Street, Suite A, Tampa, FL 33607.


Mezrah Consulting is Independently Owned and Operated. Check the background of this firm and/or investment professional on FINRA's Brokercheck.