A nonqualified deferred compensation plan can reduce your taxable income, but there are risks to consider. Many, or all, of the products featured on this page are from our advertising partners who ...

The retirement needs of the typical U.S. worker can be well served by consistent participation in a payroll deferral 401(k) plan, with the potential to complement pre-tax savings with after-tax ...

Planning for retirement can feel overwhelming, but fortunately, there are several savings tools available to help take the sting out of the process. By utilizing these tools, you can create a ...

Home Personal Finance Two Reasons to Consider Deferred Compensation in the Wake of the OBBB, From a Financial Planner Deferred compensation plans let you potentially lower your current taxes and help ...

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

Employers are leveraging NQDCs for retention use at increasing rates, with 30% having a noncompete provision. Non-qualified deferred compensation plans are increasingly being used by employers as ...

Deferred compensation allows individuals to delay receiving part of their income until a future date, often during retirement. This strategy is appealing for retirement savings and tax management, as ...

What Is a Nonqualified Deferred Compensation? A nonqualified deferred compensation (NQDC) plan is an arrangement where employees can defer receiving a portion of their compensation until a later date, ...

A nonqualified deferred compensation (NQDC) plan is an arrangement that an employer and employee agree to where the employer accepts to pay the employee sometime in the future. Executives often ...