Compensation Glossary

# A B C D E F G H I J K L M N O P Q R S T U V W - Z

Excess Benefit Plans

Excess Benefit Plans are one form of non-qualified deferred compensation arrangements to supplement other retirement benefits for highly compensated executives. These plans are initiated in order to attract retain and attract motivated executives. They may also be used for early retirement, takeovers, and firing of top executives.

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Evidence of Insurability

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Excess Benefit Transaction

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