TITLE

SERPs: funded plans challenge the unfunded

AUTHOR(S)
Biggins, Peter
PUB. DATE
January 1989
SOURCE
Financial Executive;Jan/Feb1989, Vol. 5 Issue 1, p24
SOURCE TYPE
Academic Journal
DOC. TYPE
Article
ABSTRACT
This article examines how firms are funding their supplemental executive retirement plans (SERPs). Traditionally, these plans have been underfunded with companies choosing to save the money in the short term and pay the benefits out of general assets. But as the size of these plans grows, how they are funded is being reassessed. Three alternative options are a secular trust, annuities and life insurance. Each has advantages and disadvantages such as investment flexibility, expenses and tax status.
ACCESSION #
14813064

 

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