Employee Retention Tax Credit Explained – Can I Still Get ERC in 2022? – ERC Credit 2022 Update [Video]

Certain employees are essential to the life of a business and keeping them committed is essential. A sudden departure of a critical employee could spell a number of things for a business. One way to reward employees a business depends on, and to encourage retention, is to offer an executive bonus plan with life insurance. An executive bonus plan doesn’t have to be offered to all employees, which makes it a unique and exclusive benefit. Using life insurance, the employee receives death benefit protection in their working years and a potential supplement to retirement income later on.Is an executive bonus a benefit offering that would work for you or your business? Talk to your financial professional today to see if a North American life insurance policy would be the right fit.Find out more about North American life insurance today: https://www.northamericancompany.comFacebook: https://www.facebook.com/northamericancompanyLinkedIn: https://www.linkedin.com/company/north-american-company-for-life-and-healthTwitter: https://twitter.com/NorthAmerCo

Most companies have at least one person whose skills are vital to the success of the business, such as an owner, partner or employee. Key person insurance is used to protect a business from financial loss at the death of a key employee and avoid serious consequences like loss of credit and key accounts, diminished earnings, or unexpected replacement costs. Even better, life insurance proceeds are generally free of federal income tax which can help offset losses to a business or help hire and train a replacement. life insurance policies may be a fit to help your business insure the key people who are essential to your business’ success. Talk to your financial professional today about a key life insurance policy.Find out more about life insurance today: https://www.7bandfinancialagency.comFacebook: https://www.facebook.com/Eastm65

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