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At a time when some companies are facing a shortage of executives to fill top positions and other firms are aggressively trying to lure talented managers away from their current jobs, credit unions may be at a disadvantage.

Unlike their bank counterparts, credit union executives have limits on how much they can contribute and receive from traditional qualified retirement plans, meaning many CEOs may retire at only 30% to 40% of their current salary, even after including Social Security and 401(k) plan savings, according to Bruce Bauer, CUNA Mutual Group senior executive benefits specialist.

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