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Split-Dollar Life Insurance Usage Continues to Expand

Split-Dollar Life Insurance Usage Continues to Expand

by Feminella, Amy | May 30, 2021 | Credit Union Advisors

There are many benefits to utilizing deferred compensation plans. For credit union executives, deferred compensation plans bring long-term benefits that extend far beyond salaries and bonuses, including perks like additional life insurance and cash payouts. As we...
Should you lower the rate on your CEO/Executive’s Split-Dollar Loan?

Should you lower the rate on your CEO/Executive’s Split-Dollar Loan?

by Feminella, Amy | Apr 14, 2021 | Credit Union Advisors, Insights

Loan regime split dollar, also known as collateral assignment split dollar, has become a very popular deferred compensation arrangement for credit unions and nonprofit executives. When structured appropriately split-dollar plans are relatively flexible and have...
How Your Split Dollar Plan Can Affect Your Retirement

How Your Split Dollar Plan Can Affect Your Retirement

by Feminella, Amy | Dec 29, 2020 | Credit Union Advisors

Are you aware most of the risk in your loan regime split dollar plan is during your retirement years, which may be too late to do anything about it? Have you considered investing in split-dollar life insurance as a viable option for your future? If so, it’s important...

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