Executive Bonus

Reward Performance. Retain Talent. Drive Growth.

In today’s competitive landscape, attracting and retaining top executive talent is vital to your company’s success. At Heritage Wealth Group, we offer Executive Bonus Plan Services that align leadership compensation with your long-term business goals—while offering powerful tax advantages and flexibility.

What is an Executive Bonus Plan?

An Executive Bonus Plan, also known as a Section 162 Bonus Plan, allows a business to provide select executives with additional compensation in the form of life insurance or other financial benefits. This approach rewards performance and builds loyalty—without the administrative complexity of more traditional deferred compensation plans.

Key Benefits of Executive Bonus Plans

Simple and Flexible: Easy to implement with minimal paperwork and administration.

Selective Participation: Choose which key executives to include—ideal for rewarding top performers.

Immediate Incentives: Executives gain access to life insurance coverage and potential cash value benefits.

Tax-Efficient: Bonus payments are typically tax-deductible for the business, while executives may receive added value through policy growth.

Retention Power: Plans can include “golden handcuffs” provisions to incentivize long-term commitment.

Our Approach

At Heritage Wealth Group, we go beyond the basics. Our financial professionals work closely with you to design custom bonus strategies that balance executive needs with your corporate objectives. We handle plan structuring, carrier selection, compliance considerations, and employee communication—so you can focus on running your business.

Whether you’re a closely held company or a rapidly growing enterprise, we provide the tools and guidance to build compensation plans that reward leadership, enhance loyalty, and drive sustainable success.

Invest in your leaders. Protect your future.