Is the Design of Your Credit Union’s Split-Dollar Plan Sustainable?
![](https://act-advisors.com/wp-content/uploads/2022/07/Design-Elements-Credit-Unions-Can-Use-to-Help-Reduce-Risk-in-Split-Dollar-Plans-01-578x274-1.jpg)
Collateral assignment split-dollar plans are a powerful executive benefit with favorable tax treatment that can incentivize retention and offer credit union leaders a long-term income stream in retirement. However, while many credit unions have collateral assignment split-dollar plans as part of their executive benefits mix, it is no secret that these tools are more complex […]
Risk Factors for Credit Unions to Consider When Designing a Split-Dollar Plan
![](https://act-advisors.com/wp-content/uploads/2022/03/Risk-Factors-for-Credit-Unions-to-Consider-When-Designing-a-Split-Dollar-Plan-01-578x274-1.png)
When deciding which executive benefits to provide to your leadership team, your board may have landed on the benefits afforded by choosing a collateral assignment split-dollar plan. This benefit type is a legal agreement between the credit union and executive that incorporates retirement distributions with life insurance coverage. While split-dollar plans are relatively common, designing […]