In today's competitive talent market, corporations are increasingly leveraging supplemental executive benefits to attract, retain, and reward their top performers. These customized plans, distinct from traditional qualified plans, offer flexible funding and are tailored to the unique financial needs of highly compensated employees.
For over 40 years, TMH has been a trusted leader in designing and implementing these strategic solutions for high-net-worth individuals and organizations. Consider these key executive benefit plans to enhance your total rewards package and secure your critical talent.
Supplemental Long-Term Disability
- Standard Group Disability: Provides 60% base salary replacement, capped at $10,000 monthly.
- Income Gap for High Earners: Those earning over $200,000 face significant income loss under standard plans.
- Supplemental Disability Solution: Bridges the gap, offering up to 60% income replacement with a $25,000 annual maximum.
Long-Term Care Insurance
- 75% Chance: At age 65, you have a 75% chance of needing long-term care.
- 3.5-Year Average: The average long-term care stay is 3.5 years.
- $100,000+ Annually: Private room costs exceed $100,000 per year.
- LTC Insurance Solution: Group and Executive Long-term care insurance provides significant financial benefits.
Non-Qualified Deferred Compensation Plans
- Control Your Income: Gives highly compensated executives the power to defer cash, PSUs, and RSUs pre-tax, optimizing their financial strategy.
- Grow Your Wealth: Your deferred compensation balance grows tax-deferred, building a substantial retirement nest egg.
- Benefit from Company Investment: Many companies contribute to these plans, with vesting schedules, adding significant value to your retirement portfolio.
- Secure Your Future: Deferred compensation is a vital tool for creating a robust supplemental retirement income, a standard practice among public companies.
Tax-Free Retirement Income Plans
- Strategic Retention and Reward: A powerful tool for attracting and retaining top talent.
- Tax-Free Retirement Income: Generates a reliable stream of income, free from federal income tax.
- Tax-Deferred Growth: Policy values accumulate tax-free, maximizing long-term wealth.
- Retirement Portfolio Enhancement: Complements existing plans like 401(k)s, providing diversification.
- Customizable Investment: Offers flexible investment options to align with individual risk tolerance.
Key Person Life Insurance
- Ensures Business Survival: Funds immediate needs after a key employee’s death.
- Protects Financial Health: Offsets revenue loss and maintains stability.
- Preserves Company Value: Safeguards against value decline during transitions.
Securities and Investment Advisory Services offered through M Holdings Securities, Inc., a Registered Broker/Dealer, and Investment Adviser, Member FINRA/SIPC; Tippett Moorhead & Haden, an Alera Group Agency, LLC is independently owned and operated.