A Non-Qualified Deferred Compensation Plan (NQDC) may be a solution for those employees whose retirement planning needs may not be fully met by the 401(k) or 403(b) offered.
NQDC plans allow key employees and executives to defer a much larger portion of their compensation, and to defer taxes on the money until the deferral is paid.
Fewer funding requirements than qualified plans
No IRS limits on deferred amounts
Greater plan design flexibility
Attractive Executive Benefit
Key employees can receive tax-leveraged financial benefits
Customized plan document, file configuration and communications support