Executive Compensation Solutions
The success to every business relies heavily on its leadership, but as a business owner/executive, how do you keep these key individuals happy? If you are already paying them well, a $1 raise will only result in a little over $0.50 in their pocket. Alternatively, there are many tax advantageous strategies that can deliver more to the executive and less to the tax man.
This can be accomplished through the use of various strategies such as:
- Individual Pension Plans
- Executive Group Insurance Plans
- Health Spending Accounts
- Profit Sharing Plans
- Split Dollar Insurance Arrangements
All of these strategies lead to more dollars benefiting your key employees with fewer dollars lost to taxes.
We take the time to consult our clients on the various options available to them and help direct them to the one(s) that best meet their goals.
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Disclaimer: The information contained herein is for ON, NS, NB residents only and does not constitute an offer to sell or solicit sales in any other Canadian or foreign jurisdictions.