Centurian Group Benefits, through its affiliate, Centurian Group Wealth Advisors, offers a full suite of Executive bonus and retirement plans. Whether you need key person life insurance to fund a stock purchase, individual life or disability insurance for your management team, or non-qualified Executive Bonus plans to attract, retain and reward key executives or help them accumulate and preserve wealth, we have the expertise you need.
We will help you with:
Deferred Compensation Plans
Assist executives to diversify investments, reduce current income taxes, and achieve tax-deferred investment growth. Plans can also address executive concerns about benefit repudiation, change in corporate control, and corporate insolvency.
Supplemental Retirement Plans
Provide executives with additional retirement benefits not subject to government-imposed limits on qualified retirement plans. These plans can restore executive retirement benefits to the same percentage of pay received by other employees, as well as address the special needs of mid-career hires.
Executive Life Insurance Plans
Deliver pre- and post-retirement life insurance benefits to executives that are typically lower in cost, but provide more comprehensive benefits than traditional group plans. These plans can provide special opportunities for tax-deferred cash accumulation, portability and corporate recovery of plan costs.
Executive Disability Plans
Help guarantee financial security for executives and their families if a career is cut short by a disabling injury or illness. These plans supplement long-term group disability plans, providing executives with higher benefit limits, more comprehensive features, and contractual guarantees. These plans can also continue to fund retirement benefits that are curtailed upon disability.
Executive Long-Term Care Insurance
Provides non-discriminatory benefits to key employees without imputed or regular income taxation. Employer premium payments are fully tax-deductible. Special plans are available to be fully paid up by normal retirement age, thus alleviating the need for premium payments during retirement.
Corporate Owned Life Insurance
Institutionally priced life insurance plans are designed to finance corporate executive benefit liabilities (COLI).