The CU2.0 Podcast

CU 2.0 Podcast Money Talks Episode 10 with Kirk Kordeleski on Cashing in a SERP Early - Can It Happen?

March 29, 2023 Robert McGarvey Season 1 Episode 10
CU 2.0 Podcast Money Talks Episode 10 with Kirk Kordeleski on Cashing in a SERP Early - Can It Happen?
The CU2.0 Podcast
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The CU2.0 Podcast
CU 2.0 Podcast Money Talks Episode 10 with Kirk Kordeleski on Cashing in a SERP Early - Can It Happen?
Mar 29, 2023 Season 1 Episode 10
Robert McGarvey

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Retirement, face it, is a hugely complex issue and that is why we are fortunate to have Kirk Kordeleski on the show. He’s the former Bethpage Federal Credit Union CEO and now an executive with OM Financial Group which specializes in c-suite retirement plans.


Kordeleski knows SERPs and in this show he tells about the issues facing executives - and their boards - when they want to cash in a SERP early, for health reasons, maybe, or because they want to move onto another job. Issues are complex. Kordeleski unravels them.  


In this episode Kordeleski also muses on the conversations CEOs need to have with their direct report about their ambitions - especially when their ambitions likely won’t be met.  This is great stuff, it’s inside the mind of a longtime CEO.


Listen up.


This show is in a Money Talks series where credit union compensation is untangled.  This show will help some executives negotiate better pay packages and will also help some board members understand the ways in which 2023 credit union compensation is utterly different from 1993 comp plans, even 2013 plans because now competition for talent is so much fiercer.


Hear episode one in Money Talks here.  Episode 2 is here. Episode 3 is here. Episode 4 is here. Episode 5 is here. Episode 6 is here. Episode 7 is here. Episode 8 is here.  Episode 9 is here.


Want to know more about SERPs - or other matters raised in this podcast? Email Kordeleski Kkordeleski@om-financial.com


Have suggestions for topics to explore in this show? Email me, Robert McGarvey - rjmcgarvey@gmail




Show Notes

Send us a Text Message.

Retirement, face it, is a hugely complex issue and that is why we are fortunate to have Kirk Kordeleski on the show. He’s the former Bethpage Federal Credit Union CEO and now an executive with OM Financial Group which specializes in c-suite retirement plans.


Kordeleski knows SERPs and in this show he tells about the issues facing executives - and their boards - when they want to cash in a SERP early, for health reasons, maybe, or because they want to move onto another job. Issues are complex. Kordeleski unravels them.  


In this episode Kordeleski also muses on the conversations CEOs need to have with their direct report about their ambitions - especially when their ambitions likely won’t be met.  This is great stuff, it’s inside the mind of a longtime CEO.


Listen up.


This show is in a Money Talks series where credit union compensation is untangled.  This show will help some executives negotiate better pay packages and will also help some board members understand the ways in which 2023 credit union compensation is utterly different from 1993 comp plans, even 2013 plans because now competition for talent is so much fiercer.


Hear episode one in Money Talks here.  Episode 2 is here. Episode 3 is here. Episode 4 is here. Episode 5 is here. Episode 6 is here. Episode 7 is here. Episode 8 is here.  Episode 9 is here.


Want to know more about SERPs - or other matters raised in this podcast? Email Kordeleski Kkordeleski@om-financial.com


Have suggestions for topics to explore in this show? Email me, Robert McGarvey - rjmcgarvey@gmail