You are the CEO of a thriving credit union. Your leadership has put the credit union on solid financial footing. Your regulators are happy with the way you're running things, your membership is growing, and your board of directors wants to keep you around for a long time! So they've decided to reward your efforts by offering you a loan regime split dollar plan (or "LRSD"), which is also known as collateral assignment split dollar (or "CASD").
Under current tax law, this type of Executive Benefit Plan provides tax free income to you while you are employed and/or while you are retired. The Sheeter Group works exclusively with Credit Unions creating Executive Benefit Plans to recruit, retain and reward top-notch talent. We also design Expense-Offset Plans and specialized Director benefits.
Under current tax law, this type of Executive Benefit Plan provides tax free income to you while you are employed and/or while you are retired. The Sheeter Group works exclusively with Credit Unions creating Executive Benefit Plans to recruit, retain and reward top-notch talent. We also design Expense-Offset Plans and specialized Director benefits.
Services
The Sheeter Group is a leading executive benefits firm that focuses exclusively on Supplemental Executive Retirement Plans for Credit Unions. With over 20 years of experience working with Credit Unions, we are positioned to deliver solutions consistent with the objectives of our clients. We develop and implement plans to Attract, Retain and Reward Executives that are essential to the success of the Credit Union.
Check the background of investment professionals and MML Investors Services, LLC on FINRA's BrokerCheck. Andrew has spent his entire career in the financial services industry. He began designing financial strategies for individuals and businesses in 1995, then moved to designing Executive Benefit plans for Community Banks while working.
A SERP is a retirement plan that usually targets a percentage of final salary for a Credit Union Executive. A 401(k) has strict contribution limits; a SERP is flexible. A supplemental plan makes sense for retaining or rewarding valuable senior staff. SERPs grow in popularity year after year as marketplace competition heats up -- along with the demand for top talent.
At The Sheeter Group, we recognize the importance of upholding professional and social responsibility, values and ethics not only with our clients, but also with the Credit Union industry and those around us. The Sheeter Group was founded on solid values that led us to be who we are today and how we operate.
A SERP is a retirement plan that usually targets a percentage of final salary for a Credit Union Executive. A 401(k) has strict contribution limits; a SERP is flexible. A supplemental plan makes sense for retaining or rewarding valuable senior staff. SERPs grow in popularity year after year as marketplace competition heats up -- along with the demand for top talent.
Reviews
Be the first to review The Sheeter Group.
Write a Review
