RABBI TRUSTS

A rabbi trust is a type of grantor trust used to hold assets for nonqualified executive benefit plans. Having pioneered the rabbi trust concept in the 1980s, we are now proud to be a national leader in designing and administering these trusts.


Rabbi Trust Provisions

• Benefit security
• Tax advantage for participant
• Protects against change of control or change of heart by management
• Provides discretionary trustee after a change of control
• Assets remain subject to creditor claims during bankruptcy
  

Major Optional Provisions

• Revocable/Irrevocable
• Funding levels
• Change of heart protection

Insurance and annuity products are offered through non-bank insurance agency affiliates of Wachovia Corporation and are underwritten by unaffiliated insurance companies.

Related Products and Services
•Wachovia Insurance Services
•Supplemental Executive Insurance Programs
•Recordkeeping Services

Corporate & Institutional Customer Service