R. David Fritz, Jr., CLU IRS Announces New Program to Audit 409A Compliance Last month, the Internal Revenue Service announced that a Compliance Initiative Project (CIP) was underway involving a… Read more »
The Pickle of Term vs. Perm
Nikki Kook- Marketing and New Business Coordinator Longevity and insurance. What do these have in common? Although technological and medical advances are wonderful and give us more time with our… Read more »
Planning with Non-Profit Organizations
R. David Fritz, Jr., CLU- Managing Partner Many of you either sit on the board of a non-profit or have been asked to assist in determining compensation matters for key… Read more »
Common Oversights in Split-Dollar Plans
AALU “Split-dollar arrangements (SDAs) can provide insurance planing flexibility in both business and private settings. Business SDAs generally are between a company and an insured employee or owner (or commonly… Read more »
Net Investment Income Tax – A New Playing Field
R. David Fritz, Jr., CLU- Managing Partner, Founder With the advent of the new net investment income tax (“NIIT”), there needs to be a change in thinking related to income… Read more »
Life Insurance as a Corporate Financing Tool
R. David Fritz, Jr., CLU Much of my experience with life insurance has centered on its use in business situations. In the business context, life insurance is traditionally associated with… Read more »
Banking Compensation and Nonqualified Benefit Plan Study
Executive Benefits Network is pleased to present our first benefit plan study. This study provides useful information to the banking community and reflects common market practices pertaining to Executive Benefit… Read more »
Avoiding Inadvertent Taxable Gifts: Crummey Powers and Annual Exclusion Gifts to Trusts
R. David Fritz, Jr., CLU- Managing Partner and Founder, Executive Benefits Network Many individuals follow an annual gifting strategy that involves making gifts to trusts, including irrevocable life insurance trusts… Read more »
Reminder: In-Service Distributions for Benefit Plans
Lisa A. Oddis- Case Implementation Specialist An In-service Distribution is an option in some Nonqualified Plans. It allows participants to elect to take a distribution from their account balance during… Read more »
ICOLI: Offset Benefit Costs while Improving the Bottom Line
Lindsey M. Bessy, ALMI, CLTC, MBA- Financial Advisor Insurance Company Owned Life Insurance (ICOLI) is life insurance owned by the insurance company and issued on the lives of directors and… Read more »