How Truly Flexible Is a Nonqualified Deferred Compensation Plan?

by Eric Kaufman

Excerpt:

Ninety-one percent of Fortune 1000 companies offer a Nonqualified Deferred Compensation Plan. Why so many? Most employers recognize that the limits under standard qualified retirement plans create critical issues related to the recruitment, retention and rewarding of key executives. Traditional qualified retirement plans often fall short of offering key managers the ability to meet their personal and financial goals. Nonqualified Deferred Compensation Plans offer solutions, but are often misrepresented in the key area and biggest benefit flexibility.

Full article here.

Advertisements

About thebenefitblog

Eric is a Producer at Lockton Insurance Brokers, Inc., the world’s largest privately held commercial broker. Eric has over 23 years of experience in the insurance industry and has spent the last 11 years with Lockton. Eric specializes in Health & Welfare Benefits, Retirement Planning, and Executive Benefits. Eric's clients utilize his expertise in the areas of Plan Due Diligence, Transaction Structure, Fiduciary Oversight, Investment Design, Compliance and Vendor negotiation to improve the operational & financial outcome for each client. The Benefit Blog is a place to share that expertise and industry news.
This entry was posted in Uncategorized. Bookmark the permalink.