NQDC plans can solve for shortfalls in savings for highly compensated employees and provide retirement preparedness equity to those who have already maxed out their qualified plans limits. They do this by helping these individuals save beyond the limitations imposed by the IRS on qualified plans.
SERPs address a common pain point for key employees—and their employers. In an increasingly virtual world, top talent can be hard to attract and even harder to retain. Attractive benefits packages offer one way for employers to keep highly compensated employees and key executives (HCEs) around without getting into a bidding war with the competition.
For business and personal reasons, I travel quite a bit. And, I almost always travel on jetBlue as they service pretty much everywhere that I want to go. A few years back, I qualified for their “Mosaic” level which is their frequent flyer program. Over time, I’ve spoken to others that are also Mosaic level and universally it is highly regarded.