Keeping SERPs out of the 409A Penalty Box: How to Safeguard Supplemental Executive Retirement Plans
September 14, 2011
On September 14, New York executive compensation and benefits partner Regina Olshan participated in a BNA webinar titled Keeping SERPs out of the 409A Penalty Box: How to Safeguard Supplemental Executive Retirement Plans. Panelists discussed common 409A pitfalls for SERPs and provide tips for accomplishing plan objectives at all stages of the SERP lifecycle while avoiding 409As penalties. Other topics included setting and resetting the terms of the SERP promise before its too late; the danger of linked plans; the risk of various approaches to crediting service under the SERP; severance windows and SERP benefits; when and how to de-grandfather SERPs; avoiding the hidden traps in SERP terminations; and avoiding SERP non-compliance with expats and inpats.