An executive compensation plan, also known as a Supplemental Executive Retirement Plan (SERP) is a way for employers to provide additional retirement savings in a tax-efficient manner to key employees. There are many different types of executive compensation plans, offering a wide variety of performance incentives and tax benefits.
These packages can serve as a very effective retention tool to keep executives at the company. However, they can also be quite complex in nature. At Pence Wealth Management, our retirement planning and wealth management advisors have years of experience in managing executive retirement strategies and can help you to navigate the complexities and take advantage of the opportunities that such a plan provides.
The result? A plan that offers the best returns throughout its lifetime and ensures a prosperous retirement. Speak to our experts today to secure a better financial future.