The cost of providing employee benefits are escalating--with a direct impact on profitability. The employment marketplace demands medical benefits and disability income to attract and retain qualified personnel.

At Bank of Texas Insurance Services we can help you select flexible and affordable insurance plans to meet the needs of your business--large or small. Both fully insured and self-funded plans are available. Our experienced specialists will design a program to help you control costs.

Retirement Plans
A business retirement plan is an intelligent and profitable investment, reaping tax benefits for business owners. Choosing the best retirement plan can be a challenging task. Our professionals will help you select a retirement plan designed to fit your business and help employees plan for retirement. You can select traditional defined benefit plans and defined contribution plans, such as 401(k) plans, SIMPLE plans, SEPs and SARSEPS. We can provide the tools you need to actively manage your plan. Our options include a wide range of investment choices, customized employee education/communication programs, plan administration, daily recordkeeping and 24-hour account information.

Cafeteria Plans
Through a Section 125 Cafeteria Plan, your employees can enjoy pretax spending for certain benefits. Expenditures for child care, eye glasses, dental expenses, disability insurance, dependent health insurance premiums and deductible/co-insurance charges not covered by their group plan are included. Typically the employer can save money by not having to pay FICA taxes on amounts put into the plan. As an added service, we offer your employees supplemental insurance programs to fill gaps that might exist in their benefit program. These supplemental programs provide a significant enhancement to your employee benefit program, and employees usually pay 100% for these programs.

Golden Handcuff Deferred Compensation Plans
Most businesses have key employees they would like to tie to the business on a long term basis. They commonly refer to this concept as "Golden Handcuffs." Many employers will limit contributions to qualified retirement plans for a variety of reasons. However, frequently they put money away for key people if the individual agrees to work a few years before becoming vested. We can design plans specifically for your business that give you maximum retention possibilities with your key people.


401(k) Retirement Plan Supplement for Highly Compensated Executives
Planning for retirement can be challenging for anyone. Increasingly stringent tax laws concerning qualified retirement plans, such as 401(k) plans, are limiting tax-deferred investments for the highly paid executive. Key personnel affected by limits on contributions to qualified plans need services designed specifically to help them prepare for retirement. The Executive Retirement Plan from Bank of Texas is just such a tool.

Securities offered By BOSC, Inc., a Registered Investment Advisor, a registered broker/dealer, member NASD/SIPC; a subsidiary of BOK Financial Corp.; an affiliate of Bank of Texas, N.A. Insurance is offered by BOSC Agency, Inc., an unaffiliated agency. Investments and insurance are not insured by the FDIC, are not deposits or other obligations of and are not guaranteed by any bank or bank affiliate. Investments are subject to risks, including the possible loss of principal amount invested.