Executive Benefit Plans

Consider this: It's not unusual for Social Security, a pension and 401(k) plan to replace 85% of an administrative assistant's annual salary, but just 15% of an executive's. Offering alternative benefits to help secure a comfortable retirement is one way to help you attract and retain key employees.

• Non-Qualified Executive Benefit Plan. A well-designed plan will let your top executives save for retirement at levels unavailable in tax-qualified plans. Plus it offers the flexibility to choose who participates and how much they receive. Using life insurance, you may recover most or all of the funding of the plan.
• Qualified Executive Benefit Plan. Simplify the process of providing benefits by having the Hecht Group help you choose, set up and maintain selected plans. Possibilities include 401(k) plans 401(k) mirrors, deferred compensation arrangements, pension restoration plans and more.
• Executive Benefit Planning Products. You'll receive advice and information about which plans will best serve your employees. They may include:
  • Pension plans
  • Profit-sharing
  • Deferral arrangements
  • Split dollar life insurance
  • 401(k) plans
  • Bonus plans
  • Supplemental retirement plans
  • IRA distribution planning