Enhanced Principal Deferred Compensation

Help businesses attract and retain top talent. Principal Deferred Comp – Select Reward plans are nonqualified plans that offer benefits for employers and the key employees they select to participate.
 
We’re excited to announce a new, flexible plan design for Select Reward that offers the option for your business owner clients to define the reward bonus to employees in either of two ways:

• A specified lump sum
• A future benefit based on the cash value of the life insurance policy used to informally finance the plan