A 409a deferred compensation plan is a non-qualified arrangement that allows employees to defer a portion of their income to a future date. This plan is often used by high-income earners to reduce ...

Benjamin Harvey CFP®, CPWA®, ChFC®, CLU® Founder and Private Wealth Advisor, Summation Wealth Group To continue reading this content, please enable JavaScript in ...

Understanding the difference between qualified vs non-qualified retirement plans is key to maximizing your savings and making the most of your tax situation. Qualified plans, like 401(k)s and 403(b)s, ...

Year-end is when many employees and executives choose how much of next year's income to put away for the future via nonqualified deferred compensation (NQDC) plans. Nonqualified deferred compensation ...

Under Section 409A, a covered plan must be compliant both in form (documentation) and operation (administration). Therefore, there are certain minimum requirements for plan documentation to comply ...

Nonqualified deferred compensation plans have gained interest, with 59% of sponsors in an NFP survey saying they deliver greater impact than other executive benefits. Recent IRS limits and tax ...

Voya has once again broadened its array of retirement plan solutions with the introduction of a new nonqualified deferred compensation plan offering for key employees at small businesses. Voya ...

Deferred compensations employee pension benefit plans may be required to meet various requirements under ERISA, including reporting, funding, vesting and fiduciary requirements, unless they can find ...

In a bid to attract and retain elite professionals, employers are increasingly incorporating non-qualified deferred compensation plans into their benefits offerings. The Plan Sponsor Council of ...

A Newport executive discusses how early findings from an annual survey show plan sponsors providing nonqualified compensation programs to a wider pool of employees. The benefits world is entering a ...