Not Your Average Financial Podcast™

Episode 396: Double Bonus Strategy: Enhancing Employee Benefits With 162(a) Plans

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In this episode, we ask:

  • Would you like to meet with Mark?
  • What are the challenges for small businesses?
  • What’s wrong with a small business’s 401(k) offering?
  • What is the problem with fees?
  • What is the problem with liquidity?
  • What are the penalties?
  • What about the severe loss of control?
  • What about forced participation?
  • Why, with all of these problems, does everyone set up 401(k)s?
  • What about a financial Frankenstein?
  • Is the proof in the pudding?
  • How are we fairing?
  • What is the average 401(k) balance for a 55 year-old?
  • How might a business owner attract the best talent and offer the best benefits?
  • Why are Bank on Yourself® type whole life insurance policies superior?
  • Would you like to hear Episode 36?
  • What about tax?
  • What about eliminating restrictive rules?
  • What about going from a 401(k) to a 162(a)?
  • What are executive bonus life insurance contracts?
  • What are the administrative costs?
  • What are the additional benefits?
  • What are the considerations?
  • What are the backup options?
  • How about an example?
  • What is a double bonus?
  • What about the tax?
  • Would you like to hear Episode 206?
  • What can the employees do?
  • What about the taxation of social security benefits?
  • What if tax rates double on you on income in required minimum distributions or other qualified distribution income?
  • What are additional benefits of the 162(a)?
  • Would you like to establish a better than a 401(k) alternative that benefits your employees profoundly?
  • Would you like to meet with Mark?

    • ...more
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