For Individuals

  1. Home
    2. The Benefits of COLI

The Benefits of COLI


 

Using COLI for an NQDC Plan: How Well-Designed Financing Helps Offset Plan Costs


Nonqualified plans are an essential component of executive compensation benefits. Learn how companies use Company-Owned Life Insurance, commonly known as COLI, to help offset some of the costs of those plans.

Partner with Newport

To learn more about partnering with Newport on your NQDC plans or how you can use COLI as a financing strategy, get in touch with Newport here or call Senior Vice President, Nonqualified Consulting Mike Shannon at 407-531-5677 or mike.shannon@newportgroup.com.

Copyright © 2015-2023 Newport Group, Inc.  All rights reserved.
Unauthorized access is prohibited. This site is designed for U.S. residents only.

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 - www.ascensus.com

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 newportgroup.com or refer to our Form ADV Part 2, which is available by contacting us at 407-333-2905 or adviserinfo.sec.gov.

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.