MKA Executive Planners President and CEO Barry Koslow discussed new approaches to supplemental retirement plans at a recent nonprofit executive compensation workshop hosted by the New York Society of Association Executives (NYSAE).
“Supplemental retirement plans offer a new way to the five Rs: Recruiting, Retaining, Refocusing, Rewarding and Retirement,” Koslow told the group of CEOs and COOs of non-for-profit organizations who attended the event.
Koslow discussed new approaches to supplemental retirement plans for key executives that differ from traditional IRC 409A, 457(b) and 457(f) plans. These plans require less disclosure and balance sheet impact. In addition, he covered traditional deferred compensation approaches and their advantages and disadvantages.
The NYSAE’s Non Profit CEO Forum, co-hosted with the BBB Foundation of Metropolitan New York, was held on December 8 at the Princeton Club in New York City.
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