EXECUTIVE BENEFITS NETWORK For a customized proposal for your bank, please contact: Executive Benefits Network 4601 W 6th Street, Ste A | Lawrence, KS 66049 www.ebn-design.com | (785) 838-9800 jjones@ebn-design.com | nicole@ebn-design.com The only Kansas-based BOLI firm, serving Kansas banks for over 25 years. Come see what BOLI can do for your bank. Your employees are great. We want to help you retain and reward them. Why make your young executives wait until retirement to reward them for their dedicated service? Offer a Deferred Bonus Plan: Bonus $10,000 per year for 15 years. After 15 years of service, the executive can take the bonus as a lump sum or spread the payments over 4 years as college funding for their children. Executive Pre-Retirement Total Cumulative Account Interest Total Cumulative Account Age Death Benefit Contributions Crediting Rate Interest Balance 50 500,000 150,000 6.0% 82,760 232,760 Projected Ending Account Balance: $232,760 Number of Payments at age 50: 4 Projected Account Interest Credit Rate: 6.0% Projected Annual Payments: $67,172 Bonus can be offered based on individual performance or tied to the performance of the bank. Plan design and amounts can be customized per individual. EBN will customize a proposal based on your needs.
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