![concept-piece-download-70006-lum-sum-deferred-bonus-plan](https://cdn.ashbrokerage.com/uploads/_960x600_crop_center-center_none/concept-piece-download-70006-lum-sum-deferred-bonus-plan.png)
If aging business owners want to retain a key non-owner employee, a substantial lump-sum bonus tied to life insurance can be the solution. The business owns a policy on the employee and pays premiums, then enters an endorsement split-dollar agreement with the employee.