Total Compensation

For most firms, total compensation plans not only help with executive recruitment and retention, but also help level the playing field for executives who would otherwise have difficulty maximizing pre-tax income. Heritage can evaluate current executive compensation options and make recommendations that best meet the goals of the firm.

Executive benefits policies, the individual policies that supplement group plans, are intended to help employers ensure that key employees receive sufficient income protection. For corporations without an existing executive benefits plan, Heritage can design and implement customized and innovative programs for key managers. Alternately, firms with existing plans will benefit from Heritage's thorough review and recommendations that can help ensure that plans are effectively utilizing existing resources and appealing to executives. To address a corporation's needs, Heritage brings its extensive knowledge of industry best practices, along with an understanding of complex tax and investment issues to help create the benefits plans best suited for our clients. Our areas of expertise include:

  • Non-Qualified Deferred Compensation Plans that allow highly-paid key executives to defer more income than the maximum allowed under qualified plans.
  • Supplemental Executive Retirement Plans that can be used to bring executives up to desired benefits levels.
  • Non-Qualified Stock Options that allow executives the opportunity to grow wealth while deferring tax consequences until the year of exercise.

 

 

 
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