Tagged with: "Retirement Compensation Arrangement"
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Why SERPs are Increasingly Popular and Rectify Limits to Standard Executive Compensation Plans
SERPs offer companies the opportunity to attract and retain top talent by addressing the limits to standard executive retirement plans Laura Davis January 30th, 2025 Many corporate executives today are enrolled in executive retirement plans that fail to provide them sufficient retirement income based on their earnings due to limits within their standard retirement plans. […]
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Cheers To An Amazing 30 Years
In Scottish culture, the New Year, or Hogmanay as the Scottish call it, brings a sense of renewal and reflection. Growing from its Scottish origins while enjoying an incredible journey along the way, GBL is thrilled to celebrate its 30th anniversary in 2025. Since our founding in 1995, we have serviced over 7000 clients and […]
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RCA and professional athletes
For the financial planner, there are a number of unique concerns to address when providing overall compensation strategies for professional athletes such as NHL or NBA players: The athlete will have a comparatively short career, likely lasting a decade or less. Salaries are considerable during this time period with sizeable increases as the athlete’s career […]
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Executive Compensation and RCAs
Building a strong team of employees is a challenging task for any employer and continually motivating and retaining your business leaders can be puzzling. While bonuses, shares and/or call options, group benefits and RRSP contributions are the typical go-to components of an executive compensation package, employee pension planning can be utilized by a company as […]
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Looking to Protect Your Severance? Consider a Retirement Compensation Arrangement (RCA)
Considering that today so many executives will move multiple times in their career, severance payments can be opportunities for retirement planning and/or tax bracket management. Executives could defer tax on their severance package with the use of an RCA. Given that many executives will receive in excess of what they require to live in the […]
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