IRC Section 162 "Linked-Benefit" Executive Bonus Plans for Business Owners and Key Employees

IRC Section 162 Executive Bonus Plans funded with cash accumulation life insurance policies have provided a time-tested non-qualified benefit for many years. The employer simply makes a tax deductible bonus to the shareholder-employee or non-owner key employee who then reports the full bonus as W-2 earned income.   The bonus is used to pay an […]