A Supplemental Executive Retirement Plan (SERP) is a deferred compensation strategy aimed at attracting and retaining top executives, typically structured through a cash-value life insurance policy.

Some employers provide a supplemental executive retirement plan to select employees. A SERP may be used by companies to help attract and retain key officials, such as high-level executives and CEOs.

Learn what a SERP is and the various search features that could affect the way your business appears to your target audience.