Capital accumulation plan (cap) retirement system

A system for providing a capital accumulation plan (CAP) retirement plan implemented in a non-profit institution, comprising:

• a memory medium comprising program instructions;
• a bus coupled to the memory medium;
• and
• a processor, for executing the program instructions, coupled to a CAP tool via the bus that when executing the program instructions causes the system to:
• identify a set of members of the non-profit institution;
• extract a deferred compensation amount intended for each of the set of members, the deferred compensation amount being pre-tax compensation;
• use a first portion of the deferred compensation amount intended for each of the set of members to purchase a term life universal life insurance policy for each of the set of members;
• route a second portion of the deferred compensation amount intended for each of the set of executives members to one or more interest bearing investment vehicles;
• disburse future benefits to the set of members, the disbursement taken from the second portion of the deferred compensation invested into the one or more interest bearing investment vehicles.

A computer program product for providing a capital accumulation plan (CAP) retirement plan implemented in a non-profit institution, the computer program product comprising a computer readable storage device, and program instructions stored on the computer readable storage device, to:

• identify a set of members of the non-profit institution;
• extract a deferred compensation amount intended for each of the set of members, the deferred compensation amount being pre-tax compensation;
• use a first portion of the deferred compensation amount intended for each of the set of members to purchase a term life universal life insurance policy for each of the set of members;
• route a second portion of the deferred compensation amount intended for each of the set of executives members to one or more interest bearing investment vehicles;
• disburse future benefits to the set of members, the disbursement taken from the second portion of the deferred compensation invested into the one or more interest bearing investment vehicles.