After-Tax Plans

Supplemental Retirement and Security Strategies

Portable After-Tax Retirement and Insurance Plans

The objective of an after-tax retirement and insurance plan is to provide designated partners/executives with a competitive and tax-efficient program to help save for retirement and plan for financial security. Competitive and tax-efficient, they can be a great employee retention benefit.

After-Tax plans include a comprehensive suite of services:
  • Consulting
  • Life insurance product analysis
  • Communication/education
  • Administration
  • Integrated online application process complete with e-signature
  • Institutional pricing

Capital Accumulation

Amounts contributed to the plan grow tax deferred and are tax efficient if held to mortality. The policy values may be accessed on a tax-efficient basis through the use of withdrawals and policy loans to generate additional retirement income or to pay for financial events prior to retirement, (e.g., college tuition, second home).

Specially Designed and Priced Life Insurance

An after-tax insurance plan is portable, and provides a low cost life insurance benefit that can be a valuable financial planning tool as well as an estate planning tool. Best of all, it is funded through payroll contributions like any other retirement plan, and the benefit is determined based on the amount the participant and/or the company contributes via automatic payroll deduction.

You can access your cash value through loans and withdrawals. In general, loans are charged interest; they are usually not taxable. Withdrawals are taxable only when you take more money out of the policy than you've paid in premiums. Loans and withdrawals may reduce or eliminate the death benefit payable to your beneficiaries. Insurance products are designed for institutional investors.


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Newport Group, Inc. (“NGI”), an Ascensus Company, and its affiliates provide recordkeeping, plan administration, trust and custody, consulting, fiduciary consulting, insurance and brokerage services.

Securities are offered through Ascensus Broker Dealer Services, LLC (“ABDS”), member FINRA/SIPC. Securities in California are offered under the d/b/a Ascensus Corporate Insurance Solutions. Other insurance products may be offered by NGI. For more information, please visit -

Investment Advisory and fiduciary consulting services are offered through Newport Group Consulting, LLC, an SEC registered investment adviser and subsidiary of NGI. For more information about Newport Group Consulting and its services, please visit or refer to our Form ADV Part 2, which is available by contacting us at 407-333-2905 or

Newport Trust Company is a New Hampshire state-chartered trust company and wholly owned subsidiary of NGI. Newport Trust Company provides independent fiduciary and trustee services for employee benefit plans.

The views expressed herein are those of NGI and are current only through the date indicated. These views are subject to change at any time based upon market or other conditions, and NGI disclaims any responsibility to revise these materials to reflect updated views. These views may not be relied upon as investment advice and, because investment decisions for NGI are based on many factors, may not be relied upon as an indication of trading intent.