Deferred Compensation Plans

Accounts Receivable Deferred Comp

 Problem:         

•  Underutilized accounts receivable which are vulnerable to lawsuit  – retirement shortfall (reduced income at retirement) later.

 Plan: 

•  Supplemental Benefit Program – Through unique major bank financing, accounts receivable as collateral are at once protected from creditors and converted to a retirement asset that will be worth many times the actual accounts receivable.  The retirement income will be tax-free. 

Applicable to:   

•  Doctors and other professionals who have substantial but collectable accounts receivable.
  

Participant Benefits 

• Creates a Supplemental Retirement
• No other employees are included
• Creates personal estate liquidity
• Investment grows tax deferred
• Unique bank financing
• Protects Corporate Assets when pledged to the bank
• At retirement, distributions not subject to income taxes

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