by Feminella, Amy | Feb 20, 2022 | Bank advisors, Compensation Advisors, Insights
A lifetime income non-qualified solution, more commonly referred to as LINQS+, is Newcleus’ proprietary innovation to the traditional supplemental executive retirement plan (SERP) product; which is a form of deferred compensation. The fact that LINQS+ is proprietary...
by Feminella, Amy | Jan 16, 2022 | Bank advisors, Compensation Advisors, Insights, We are Newcleus
Bank-Owned Life Insurance, more commonly referred to as BOLI, is a form of life insurance purchased by banks where the bank is the owner and beneficiary of the policy. There are various benefits when it comes to bank-owned life insurance, including that it enables...
by Feminella, Amy | Sep 12, 2021 | Bank advisors, Compensation Advisors, Insights, News
Key Points When it comes to a key executive’s retirement income, well-planned compensation ensures that they don’t put all their eggs in one basket. Bank‑Owned Life Insurance (BOLI) is one way to diversify retirement income. BOLI creates a tax-advantaged increase in...
by Feminella, Amy | Jul 11, 2021 | Bank advisors, Compensation Advisors
When it comes to life insurance, the myriad of options available can be overwhelming. But has your bank considered the benefits of utilizing bank-owned life insurance? According to research, bank-owned life insurance (BOLI) is a strategy that more than 75% of banks...
by Feminella, Amy | Feb 17, 2021 | Bank advisors, Compensation Advisors, Insights, Stream
Newcleus BOLI Index for 2021Q1 The Newcleus Bank Owned Life Insurance Index (NBI) is intended to offer the user a “snapshot” of the current BOLI marketplace. Here is the Newcleus BOLI Index for 2021Q1. Through our extensive work with client banks and financial...
