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Calling all U.S. Insurance Agents & Financial Advisors ๐Ÿ‘‡
Just dropped a new video breaking down IRC Section 162 Executive Bonus Plans. Watch here: https://youtu.be/iEb6T2T10RQ?si=daTRISjqE-Zn56c_ This strategy has been in the tax code since 1954 โ€” yet most business owners have never heard of it. The basics: - Business owner pays premium as a "bonus" to key employee - Company gets the deduction - Employee builds tax-advantaged wealth through life insurance - No contribution limits like 401(k)s I'm curious โ€” are any of you using Section 162 plans with your clients? If so, what's been your experience? And if not, what's holding you back? Watch the video and let me know if we captured the key benefits properly or if there's anything you'd add. Watch Now: https://youtu.be/iEb6T2T10RQ?si=daTRISjqE-Zn56c_ DISCLAIMER: Educational content only. Not personalized tax or financial advice. Consult qualified professionals. #Section162 #ExecutiveBonusPlan #TaxStrategy #BusinessOwner
0 likes โ€ข Feb 10
Does key employee pay taxes? What if key employee wants to borrow from the policy? What are the tax implications if any?
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De Edmond
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@de-edmond-7711
Life insurance agent

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Joined Apr 14, 2025
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