SERP/SERPLUS Allocation

SERP and SERPLUS plans are non‑qualified deferred compensation programs designed to help high‑earning employees defer income beyond the limits of traditional retirement plans. These plans can be particularly relevant for executives and professionals with significant bonuses or equity compensation, offering a way to manage taxable income while supporting long‑term wealth accumulation. 

Because SERP and SERPLUS balances remain part of the employer’s general assets rather than being held in a separate trust, it is important to understand how plan participation aligns with your overall financial picture. This consideration can be especially important if company stock or other employer‑related benefits already represent a meaningful portion of your net worth. 

Thoughtful planning around contribution elections, distribution timing, and investment options can help ensure participation supports both short‑term cash‑flow needs and long‑term financial goals. Coordinating SERP or SERPLUS decisions with broader retirement and tax planning can help create a more balanced and resilient strategy. 

Our team can assist you in understanding how SERP and SERPLUS plans work and how these benefits may fit into your overall financial picture while accounting for employer‑related considerations.