The speakers will review design options for creating a contemporary, performance-based SERP that directly aligns the interests of key employees and stakeholders. In addition, they will discuss the impact of the 2017 Tax Cuts and Jobs Act on informal funding arrangements; and finally, they will address the current thinking regarding the use of rabbi trusts.
You Will Learn:
- How to design a plan:
- With sufficient flexibility to effectively deal with the current economic environment and
- With performance characteristics (possibly including phantom equity arrangements)
- How to structure an informal funding arrangement using a multi-asset approach
- The nature of the dynamic, ongoing plan management process that is required to ensure the success of the plan
Chris, a co-founder of Executive Benefit Solutions, leads the benefits consulting practice supporting EBS’s seven offices nationally. He has over 25 years of executive compensation and benefits consulting experience working with a wide range of clients including large, publicly traded companies, “mid-market” privately held businesses, and non-profit healthcare and other organizations.
He was previously a Managing Director with Retirement Capital Group; an SVP-Consultant with Clark Consulting; a Founding Principal of Lyons Compensation & Benefits (which sold to Clark Consulting in 2001), and a Tax Partner with Ernst & Young in Providence, RI.
Chris holds a BA in Economics from Colgate University, an MBA in Finance from Boston College, and an MS in Taxation from Bryant University; but received the best education of all from the US Army – 173rd Airborne Infantry Brigade. Professional designations earned include CPA, CFP, and CLU.
Jeff McCarthy brings over thirty years of experience to the field of executive compensation and benefit planning. He works with other consultants and advisors to address the executive compensation and benefit needs for a wide range of clients. Prior to rejoining AFS he worked in an advisory capacity as a Senior Consultant with Watson Wyatt, a global consulting firm, where he advised corporate executives and board members on the design and funding of nonqualified benefit programs.
He also served as Vice President and Director of Marketing with Lyons Compensation and Benefits, LLC, which was acquired by Clark Consulting in August of 2001.
Jeff holds a bachelor’s degree in Economics from Colgate University, and an MBA from Boston College.
Registration Fee: $19
Archive: The archive recording will be available after the webinar in your FSPgo account (on the My Account tab).
CE Credits: There are no CE credits available for this program.
6:00 pm – 7:00 pm ET
5:00 pm – 6:00 pm CT
4:00 pm – 5:00 pm MT
3:00 pm – 4:00 pm PT
Note: This webinar was originally broadcast on October 29, 2020.