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the SmartLock™ System
Employer
Solutions
We're helping you simplify how your business rewards its workers.
One-Time Contribution
Pay once. Reward forever.
Unlike other benefit plans, only pay ONCE and fund future bonus plans at your discretion.
Tax Advantage
100% tax-deductible
No contribution limits and no IRS reporting requirements, just a clean business expense.
Total Cost
Zero admin fees
No administrative or legal fees at any point: creation, implementation, or management.
★ Tax Efficiency
★ Guaranteed Growth
★ Long-Term Care
★ Insurance Benefits
★ A-Rated Carriers
★ One Transfer
★ Tax Efficiency
★ Guaranteed Growth
★ Long-Term Care
★ Insurance Benefits
★ A-Rated Carriers
★ One Transfer
★ Tax Efficiency
★ Guaranteed Growth
★ Long-Term Care
★ Insurance Benefits
★ A-Rated Carriers
★ One Transfer
★ Tax Efficiency
★ Guaranteed Growth
★ Long-Term Care
★ Insurance Benefits
★ A-Rated Carriers
★ One Transfer
employer benefits
These are your current options
Most employer benefit programs are inefficient, expensive to run, and challenging to maintain. Here's how the alternatives stack up against a SmartLock™ Bonus Plan.
Retirement
Plans
Costly to implement and maintain
Subject to contribution and deduction limits
Usually rigid and must be offered to everyone
Wellness
Programs
Challenging to measure effectiveness
Upfront costs and stipends can be expensive
May not address worker's personal interests
Group Health
Insurance
Can be expensive for employer and worker
May not cover all health conditions
Can be confusing to understand because of the wide range of options
Group Life
Insurance
Must continually pay premiums to keep coverage
Usually not portable for workers if they leave the company
May have term limits where the worker's coverage decreases or is eliminated
SmartLock™ Bonus Plan
One contribution: no ongoing premiums required
100% tax-deductible with no contribution limits
Fully portable: workers keep it if they leave
Zero admin or legal fees at any stage
Permanent coverage with accessible cash value that only grows in value
Case Study
why it works
How Michael kept Jennifer
A real scenario showing how a SmartLock™ Bonus Plan solved a retention problem no other benefit could address.
The Setting
Michael owns a medical device company. He's spent ten years building the business, and growth was steady until he hired Jennifer, a 40-year-old sales representative. Jennifer's passion and expertise tripled sales, and she now trains other salespeople within the company. Michael has given Jennifer annual raises and she participates in the company's retirement plan, but Michael feels he owes the success of the company to her work ethic. He fears another company may try to lure her away and has no idea how to provide a new or alternative value to her compensation package.
The Solution
Michael's broker suggests a SmartLock™ Bonus Plan as a way to use a single, tax-deductible transfer to reward Jennifer. The bonus plan provides a retirement supplement with guarantees and a permanent death benefit to Jennifer and her family. Michael loves the idea and approves the plan. Jennifer applies for the policy, and Michael pays the bonus as premium. As Jennifer and her team continue to outperform their sales goals, Michael continues to accumulate these plans for her.
The Outcome
Through this arrangement, Jennifer feels loyal to Michael and stays with the company until she retires.
How It Works
It's a simple process
From the first conversation to funded benefit, here's exactly what happens. The employer leads the decision, the worker applies, and the carrier does the rest.
01
Free Consultation
We'll walk you through the specifics of the SmartLock™ Bonus Plan and help you design the right structure for your business.
02
Worker Application
Broker meets with the worker to go over plan details and begin the implementation process together.
03
Medical Underwriting
The worker's medical qualification for the plan is determined by the carrier, not the employer.
04
Transfer Funds
Once the worker is approved, the employer pays the bonus as premium. One contribution. Unique benefit in place.
the bottom line
Stand out to your workers
In today's world, it's more important than ever to give your current and future staff a reason to stay loyal. Most employer programs are inefficient, expensive to run, and challenging to maintain. A SmartLock™ Bonus Plan leverages the flexibility of our A-rated carrier partners to provide insurance benefits and cash value growth for your workers ... without the hassle and cost of other plans.
employers white paperReady to reward the people who built your business?
The SmartLock™ consultation is free. We'll show you exactly how to structure a bonus plan for your key workers ... no pressure, no obligation, no admin fees ever.
Schedule a Consultation
Solutions
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