We understand that Supplemental Executive Retirement Plans (SERPs) can be a complex subject for both executives and board members. To provide additional education, we host weekly webinars to cover all aspects of the SERP design and implementation process.

An overview of the rationale for a SERP and how the two available options work.

  • Differences between a 457(f) and Split Dollar
  • Impacts of a SERP to the credit union and executive from both an income and tax perspective
  • NCUA examiner guidance and tax law changes

A deep dive into Split Dollar plans along with the potential risks involved.

  • Reasons to offer a Split Dollar plan
  • Risks to the credit union and executive based on design and products utilized
  • Mitigation strategies

A deep dive into 457(f) plans along with the potential risks involved.

  • Reasons to offer a 457(f) plan
  • Risks to the credit union and executive based on design and products utilized
  • Underperformance options

Best practices that our clients have put in place to ensure the SERP does what it was designed to do.

  • Early payouts
  • Split death benefit
  • Standard plan
  • Vesting options
  • Succession planning
  • Executive termination

If you have any questions, please email Lori at lcaracappa@om-financial.com

Please enable JavaScript in your browser to complete this form.
Name

Choose Your Webinars

How did you hear about OM Webinars?