In the ever-evolving landscape of risk management, 831(b) captives have emerged as a captivating strategy for businesses seeking to optimize their financial standing. But what exactly are they, and how can they potentially benefit business owners?
The ever-evolving risk landscape demands proactive business protection. Captive insurance programs, or 831(b) plans, continue to offer a unique solution for mitigating emerging risks and achieving tax efficiencies. But as with any financial strategy, choosing the right captive manager is essential.