The business controls the plan and is able to ebook an once-a-year price equal to the existing price of the stream of upcoming profit payments, much like an annuity. When the benefits are compensated, the corporate can deduct them being an expenditure. The tax implications of SERPs are complicated. SERPs https://finnpdwsg.blogthisbiz.com/40973082/the-definitive-guide-to-retirement-plan-old-mutual