Benefits Prefunding Accounts

Optimized strategies to help offset benefit expenses, retain employees, and support long-term goals.

Elevated Strategic Approach

  • Engage with our team of specialists to explore your credit union’s financial goals and needs
  • Implement customized prefunding strategies to sustainably invest in key talent
  • Allocate resources to help offset rising employee benefit expenses in a competitive employment market
  • Utilize a wider scope of investments to help increase yield and diversify your portfolio

Emerging Trends

0 %

of credit unions above $400M in assets utilize non-permissible investments*

Of those credit unions, they are investing an average of 12.28% of their net worth

*NCUA 5300 Call Report Quarterly Data. As of 9/30/2023

Your Focused, Experienced Resource

Benefit from our client-first approach. Leverage our unique, creative expertise in benefits prefunding for credit unions to meet your goals.

Get the specialized representation you deserve. Elevate your prefunding strategies with effective financial management and the collective knowledge and resources of your Earnest Consulting team.

Adaptive Investment Solutions

Develop a flexible, diversified investment portfolio tailored to your unique prefunding account needs. We’ll ensure your investments remain aligned with your goals and adjust quickly to market shifts.

  • Managed Account Portfolios
  • Guaranteed Investment Contract (GIC)
  • Fixed and Variable Annuities
  • Credit Union Owned Life Insurance (CUOLI)
  • Structured Index Products

Frequently Asked Questions

Benefits Prefunding allows credit unions to direct a portion of their liquidity into investments to help increase yield and offset rising benefit expenses. Benefits Prefunding is permissible by the NCUA and can provide the needed financial support for your employee benefits.

Benefits Prefunding allows credit unions to use a wider array of investment options that are now permissible to potentially achieve higher returns, and then used to offset employee benefits expenses.

  • Health care expenses
  • 401(k) expenses
  • Defined Benefit Plan expenses
  • Long and short-term disability insurance expenses
  • Life insurance expenses
  • Post-retiree health benefit funding
  • 457(f) accrual expenses
  • We are singularly focused on this business and you!
  • Our team has a combined 130+ years of industry experience
  • Each client receives a customized approach for their specific needs
  • We are nimble and quick to respond
  • All key decision makers receive a thorough education on interested programs; including new executives and board members throughout the life of the plan
  • Our plan designs are compliant and up to date
  • All programs are reviewed & approved by our legal team
  • Consult on current or merging programs
  • We stay up to date on current market trends

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