One thought on “What Is a Supplemental Executive Retirement Plan?”
Arti says:
A SERP is a type of non-qualified plan deferred compensation plan that a firm only provides to certain management personnel or highly compensated employees (HCEs) to supplement the retirement benefits it offers under qualified retirement plans.
A SERP is a type of non-qualified plan deferred compensation plan that a firm only provides to certain management personnel or highly compensated employees (HCEs) to supplement the retirement benefits it offers under qualified retirement plans.