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.
