Providing financial solutions to complex business needs

Current U.S. tax code and ERISA regulations restrict the ability of high-income executives and professionals to accumulate significant wealth for retirement using qualified plans as a sole means to fund retirement. In addition, highly compensated professionals may find themselves challenged to manage and distribute wealth efficiently if it is held in conventional taxable accounts. Other organizations may seek greater flexibility in how they attract, retain, and reward highly valued employees and business partners.

Our institutionally priced products include universal life and variable universal life policies that offer opportunity for unlimited contributions, liquidity, tax-deferred growth, tax-free access to cash values and beneficiary protection in the form of a tax-free death benefit.

What can financial solutions from Great-West Financial® do for my business?

Great-West Financial® partners with financial professionals nationwide to offer a specialized line of products to help meet a broad range of personal and professional goals. Financial professionals — whether retirement-focused advisors and consultants or wealth management specialists who meet our criteria for selling and servicing our products — who work with high-income executives, corporations, banks, partnerships and retirement organizations are able to leverage our products in ways that serve the highly customized needs of their clients.

Our commitment to collaborating with and serving the needs of financial professionals and our distribution partners in the business solutions space is unparalleled.

Bank-Owned Life Insurance

Corporate Owned Life Insurance

Nonqualified deferred compensation

162 Bonus Plan

The 162 Bonus Plan from Great-West Financial provides tax-advantaged retirement income through an individual variable universal life policy. This plan can be used as an after-tax nonqualified savings tool for business owners or can be offered as an employee benefit where the employer may pay all or part of the premium.

To learn more about how business solutions from Great-West Financial can help solve your corporate clients’ most complex financial challenges, visit our business solutions Group.

Group retirement plans

Business solutions

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Empower Institutional

For more than 20 years, Empower Institutional has helped institutions build their brands and expand their retirement service offerings by providing them retirement plan recordkeeping services along with customizable, flexible and scalable solutions. As a behind-the-scenes extension of an organization, we empower an institution to:

  • Focus its energy and investments on its core competencies.
  • Remain on the leading edge of technology and innovations.
  • Create efficiencies that can add to its bottom line.
  • Maintain autonomy and grow client relationships.

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High Net Worth Private Placement Variable Universal Life (HNW PPVUL)

This product is only offered to accredited investors and qualified purchasers.

For information about Great-West Financial's HNW PPVUL product, please call 888-353-COLI (2654).

For information about the Advisable Wealth Engines marketing and technology platform for HNW PPVUL, click here.