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

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?