What Is A Supplemental Executive Retirement Plan?

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    David RacichPRO
    Fountain Hills, Arizona
    The most common understanding of a supplemental executive retirement plan is one contributes to a permanent cash value plan: Participating Whole Life, Current Assumption Universal Life, Indexed Universal Life and Variable Universal Life. Product suitability needs to match up to the policy owner’s financial profile and risk tolerance. The policy design is critical to the cash accumulation, using the lowest cost of insurance option that complies with TAMRA. The most popular supplemental plan is a 162 Executive Bonus Arrangement.
     
    Answered on July 10, 2013
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