Company Facts
We have an established and experienced team ready to help you.
Chicago, Dallas, Grand Rapids
Get in touch today and find how we can help you and your community bank.
We create compensation systems that assist your bank in growing talent, retaining high performers, and aligning executives with shareholder values.
We work hard to ensure that the product design and the BOLI carrier are optimizing performance and maintaining the desired asset credit
quality.
We design smart retirement, 401(k), profit-sharing and defined benefit plans that free up resources and keeps your talent motivated so you can stay competitive.
We have an established and experienced team ready to help you.
The IRS has released the 2020 Plan Limits. Below are a few highlights of the changes. Visit https://www.irs.gov/newsroom/401k-contribution-limit-increases-to-19500-for-2020-catch-up-limit-rises-to-6500 for the full release. The annual benefit limit under a defined benefit plan under § 415(b)(1)(A) is increased from $225,000 to $230,000. The limitation for defined contribution plans under § 415(c)(1)(A) is increased in 2020 from $56,000 to $57,000. The contribution limit[…]
Read More“Bankers Benefits took the time to understand those concerns and designed a program that fits our business model.”
“We were very pleased with the insightful, consultative approach used by Bankers Benefits to address our executive goals.”
“Bankers Benefits impressed me with their unsurpassed skill in designing and implementing plans sensitive to business management objectives.”
“We are very satisfied with Bankers Benefits. They listen to our banks, understand their needs and follow through with real commitment.”
We’d love to chat about how we can help your bank growth and efficiency. We are always a call or email away.