May 24, 2022

SummitLife + Executive Bonus = Happily Ever After

Using SummitLife as the funding vehicle for a nonqualified executive bonus plan.

At NLG, our SummitLife IUL is specifically designed for executive bonus plans. With refreshed index strategies and a higher fixed bonus, SummitLife provides strong cash value accumulation, making it an ideal fit for non-qualified employee compensation planning.

An Executive Bonus Arrangement is an excellent choice for an employer looking to add an extra incentive to the compensation packages of its best employees. A Bonus arrangement can provide a much needed tax deduction for an employer, while providing a meaningful, lasting benefit to their valued employee(s) that can help them stand apart from the competition.

Use the tools below to learn more and prepare for your next client meeting!

 

 

 

 

 

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National Life Group® is a trade name of National Life Insurance Company, Montpelier, VT, Life Insurance Company of the Southwest, Addison, TX, and their affiliates. Each company of National Life Group is solely responsible for its own financial condition and contractual obligations. Life Insurance Company of the Southwest is not an authorized insurer in New York and does not conduct insurance business in New York.

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