Newcleus’ Titanium Benefit Plan
Valuable, Incremental Retirement Benefits
Provide key executives with retirement benefits at no direct expense.
The Power of Titanium
Delivers greater employee loyalty.
Tax-free income during retirement plus a death benefit.
Unparalleled company advantage of achieving full plan cost-recovery at retirement.
Avoids significant reporting complexities of other plans.
Plan Participant Advantages
- Nontaxable income during retirement years.
- Full control of benefits at retirement
- No continued reliance on the employer.
- Benefits are not subject to employer solvency.
Plan Sponsor Advantages
- Instead of an expense, funds are retained as assets by the institution.
- No benefit liability required to be booked. Cost recovery at participant retirement.
- Avoids complexities of IRC 409A, ERISA or Regulation 0.
- Company and executive share death benefit, pre-retirement.
Client Testimonial
“Titanium surpassed the traditional ways that limit how we can compensate and retain our key executives, helping us substantially revamp and strengthen our benefits program.”
– Titanium Client
Ensure a Seamless Transition Into Retirement
Secure your executive’s future with a life insurance policy that offers unparalleled benefits.
During employment, the policy is company-owned and recorded as an asset on the Balance Sheet, with shared death benefits.
Post-retirement, the executive owns the entire death benefit and any cash value growth, with the company optionally covering annual taxes on the cash value.
Key Advantages
Tax-Free Withdrawals
Executives can make tax-free withdrawals from the policy as needed.
Simplified Financial Reporting
No benefit liability is booked by the company, and no GAAP accrual is required.
Protection for Executives
Safeguards vested interests against claims from bank creditors, bankruptcy, and corporate dissolution.
Regulatory Compliance
Avoids requirements associated with IRC Section 409A, ERISA, and Regulation 0.
Tax-Free Retirement Benefits
Upon retirement, executives receive benefits tax-free, a huge advantage over traditional, taxable plans.
Protect and Empower Your Leaders
With Newcleus’ Titanium Benefit Plan, you can secure a future in which your executives are motivated and protected.
Connect with one of our expert advisors to discuss how Titanium can work for your organization.
