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Executive Benefits: Servicing and Plan Administration | Burns-Fazzi, Brock (BFB) 2015

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Executive benefit plans are a critical tool in recruiting, retaining, and rewarding your key leadership. Understanding the impact of each plan on your credit union and the participant is just the beginning of your due diligence responsibilities.

What happens after the plans are implemented is just as important. Poor post-implementation management can have serious consequences, from loss in income and unexpected tax expenses to red flags in your regulatory exam.

Key Takeaways:
What you should look for in the service and administration of your executive benefit plans
How to evaluate your current or potential provider
Checklists to streamline your evaluation

Publicada em: Economia e finanças
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