Mike Scully briefs on The Endless Money Loop

🏈🏌🏥Attention Non-Profit Leaders (Athletic Depts, Healthcare Systems, Private Country Clubs, Credit Unions): Your highest-paid W-2 executives are leaving 45–50% of every incremental dollar on the table. Here’s why—and how Baycrest’s Endless Money Loop™ (EML) fixes it.  

The Core Issue  

• W-2s lack write-offs—no deducting cars, travel, meals, etc.  

• Top earners (>$500K–$1M+) get slammed at the highest marginal rates  

Why Location Makes It Worse  

• Progressive federal tax + state tax and local levies:  

   Philadelphia: ~ 4% city wage tax  

   San Francisco: ~1.5% city tax  

   Maryland counties: 2–3% local + state  

• Combined rates can top 50%  

Common Misconceptions & Limits  

• “Dropping a bracket” only applies to that marginal dollar  

• Your 401(k) caps ($23K/$30.5K) and Roth IRA limits ($7K; AGI phase-out) and are trivial at scale  

The Bigger Problem  

High-income W-2s:  

• No expense write-offs  

• Capped retirement vehicles  

• Stranded in top brackets  

Result: Nearly half of each extra dollar → taxes  

Enter Endless Money Loop™  

• Convert deferred comp into a split-dollar life policy  

• Zero income caps or tiny contribution limits  

• Grow cash value tax-deferred & share death benefit  

• Employee & employer both build real, retrievable assets, employer recoups in 15 years or upon the passing of the employee

Ready to reclaim lost income and supercharge recruiting & retention?  

Contact me for a custom EML illustration!  mscully@baycrestconsultants.com

#EndlessMoneyLoop #DeferredCompensation #TaxStrategy #NonProfitFinance #W2Employees #WinWin