by Feminella, Amy | Feb 20, 2022 | Credit Union Advisors, Insights
Understanding split-dollar life insurance can be challenging. At Newcleus, we’re here to simplify it. What many people don’t know about split-dollar is that there are many associated risks when it comes to this type of deferred compensation plan. Let’s break down what...
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...
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...
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...