The Dolgoff Plan uses whole life insurance and mutual funds (the choice of the funds used for the contributions are always decided by the corporation based upon their risk tolerance) as its two main vehicles in the program. These vehicles along with the current Tax codes (the codes that the program is based upon have not changed since 1954 and have not been affected by any TRA issued since then and are stated in our Tax Opinion Letter dated August 8, 2000) will provide the corporation with both current and deferred tax deductions that will exceed the corporate contributions.

There are tremendous benefits to both the business owner and the participant. The corporation not only has the choice of selecting the participants, even if it is just the owner, but it also has certain flexibility each year based upon the corporations' financial situation at that time. In addition, the corporation that chooses two or more participants can also decide on different contributions for each of those selected. Remember, in a NON-QUALIFIED PROGRAM the corporation can discriminate in any way they desire.

The participant also has choices in the program that he or she will make each year based upon their own financial status.

Most importantly, in all situations that can arise during the course of business, the flexibility of The Dolgoff Plan allows the Corporation to move with those changes of circumstances that affect their financial situation.

The important questions to ask when someone is thinking of starting a non-qualified plan or using it to supplement a qualified plan should be these -

1. Can we have different plans for each participant - even if it is just for the owner(s) themselves?
2. Is this program going to accomplish most, if not all, of the benefits that we want to have for both the corporation and the participant?
3. Can we change or stop the program, if we have to, without being penalized?

If the answer to all three questions is yes, we are accomplishing what we want to during the current phase of the program and the payout phase for both the corporation and the participant and yes, we can change or stop the pro-gram if business conditions warrant that course of action without penalty, then you have The Dolgoff Plan.