Split-dollar loan (SDL) is a preferred form of executive benefit, driven by more favorable financial impact on the CU vs. other executive benefits. The key is to determine which SDL is the most beneficial. One of the key decisions in designing SDL is what determining which policy to use – whole life or indexed universal life. Which one fits your profile?
Multiethnic couple handshake with consultant at home
caption required

In this blog, Scott takes a deep dive into both methods and explains the differences. He breaks down the mechanics of a split-dollar loan, including how a life insurance policy is owned by the executive and paid for by the credit union. Which one of these attractive options has the most favorable tax treatments for your company?

Download the Reprint

IZALE founder and CEO, Scott Richardson has been delivering unsurpassed experience to clients for four decades, helping them execute optimal compensation packages. He delivers rich insight to clients by helping them structure compensation, nonqualified benefits, and both bank-owned life insurance (BOLI) and corporate-owned life insurance (COLI) plans.

Connect on Linkedin

More like this

Footprints in the sand

Legacy Planning Before and During a Divorce – What You Can and Can’t Do
Reprint

A Better Bottom Line
Reprint By R. Scott Richardson, JD
Money growing

Broker Proposing a SPIA for a Split-Dollar Loan Plans? No, Thank You.
Reprint By R. Scott Richardson, JD

3 Simple Steps to Finding Your Tailored Solution

1

We'll start by asking a few questions and listening to your challenges and concerns.

2

We then research and collaborate, including our network of experts as needed.

3

Lastly, we tailor a solution that fits where you are and builds a roadmap to your goals.

Let’s start the conversation

Just fill out the form, call 855-492-5334 or email us.





    LionStreet logo

    IZALE Financial Group is proud to be a Firm of Lion Street, Inc., a national network of fiercely independent financial advisors.