With the recent FTC ban on noncompete agreements, businesses must rethink their strategies for retaining top talent. This white paper explores a compelling alternative—split dollar arrangements—that can help advisors support their business clients to maintain employee loyalty while complying with new regulations.
Summary:
1) Learn about the Federal Trade Commission’s (FTC) new ruling, its exceptions, and the impact on business clients.2) Discover how split dollar arrangements can serve as an effective solution for employee retention.
3) Gain practical knowledge on setting up and managing split dollar arrangements, including compliance and tax benefits.
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