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What’s a supplemental exec retirement plan?

[ad_1] A supplemental executive retirement plan (SERP) is an additional retirement plan for key corporate executives, funded by the employer with no contributions from the employee. It can be financed through cash value life insurance coverage and is considered a nonqualified retirement program. Some criticize the approach for potentially overpaying mediocre employees. Sometimes called a […]

Best supplemental health insurance: how to choose?

[ad_1] Supplemental health insurance can help fill gaps in coverage from employer or government plans. It can be particularly useful for Medicare recipients, those needing coverage for specific ailments, hospitalizations, or niche coverage for diseases. Providers offer a range of options, and it’s important to assess your needs and compare plans. Health insurance is something […]