Executive Retirement Plans

Fortune Management Group’s expertise in designing non-qualified plans can have a big impact when it comes to rewarding your executive and key employees by allowing them to save more for retirement.

The Challenge
The average person needs at least 80% of their income to maintain their current standard of living in retirement.
Qualified retirement plans place limits on contributions, payouts and tax advantages of benefits for highly paid individuals.
Because of the limitations many business owners and key employees are having a hard time adequately saving for retirement.

The Income Gap
With qualified plans and Social Security alone, your key employees could receive as little as 30% of current income at retirement creating the following gap

In today's competitive environment, attracting and retaining top executives is more difficult than ever, and demands creative solutions. Executive benefits may offer your best employees a higher level of benefits and compensation along with significant tax advantages. They also compensate for the fact that most 401(k) programs restrict the ability of executives to accumulate enough money on a tax-favored basis to fund the retirement lifestyle they desire.

For information contact us.