Learn what nonqualified deferred compensation plans can offer.Fidelity Viewpoints Key takeaways NQDC plans allow corporate executives to defer a much larger portion of their compensation, and to defer taxes on the money until the deferral is paid. You should consider contributing to a corporate N...
Nonqualified vs. qualified deferred compensation plans Another deferred compensation agreement is known as a qualified deferred compensation plan. A 401(k) plan is an example of a qualified deferred compensation plan. Unlike NQDC plans, qualified deferred compensation plans are only for employees, and...
The article focuses on the non-qualified deferred compensation plans (NQDC) which is a key tool for compensating executives in the U.S. According to a survey from Mullin TBG, companies are turning to NQDC ...
The American Jobs Creation Act of 2004, signed into law Oct. 22, includes sweeping changes in the tax rules governing nonqualified deferred compensation. Employers will need to consider and react to the new...
The section discusses most aspects of the Section 409A nonqualified deferred compensation plan rules. It also explores how employers can identify NQDC plans and provide rules to help employers and employees comply. Among the covered matters include: the exemption from coverage for certain welfare ...
Reports on the changes in the tax rules governing nonqualified deferred compensation in the American Jobs Creation Act of 2004 that was signed into law in the U.S. on October 22, 2004. Overview of the law; Information on the need for benefits managers to become familiar with the details ...
How to Keep Your Executives Happy, Even Under New Rules for Nonqualified Deferred Comp PlansJoseph S. Adams
108-357 imposes many requirements with respect to nonqualified deferred compensation (NQDC) plans. Section 409A(a)(1)(A) states that all compensation deferred under the NQDC plan is includable in a participant's gross income to the extent the compensation is not subject to a substantial ...