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

Deferred compensation is an employer-sponsored plan in which the participant elects to forgo current wages or a bonus in exchange for a promise to be paid at a future date. The advantage of deferred ...

Year-end is when many employees and executives choose how much of next year's income to put away for the future via nonqualified deferred compensation (NQDC) plans. Nonqualified deferred compensation ...

Portland's Bureau of Human Resources has updated Deferred Compensation forms to help city employees optimize retirement ...

Today, millions of Americans have 401(k)s to save for retirement, but another type of retirement plan has taken off in recent years. Non-qualified plans, which include deferred compensation plans or ...

Compensation is generally subject to federal income tax and FICA tax when compensation is actually paid to an employee. However, nonqualified deferred compensation (NQDC) may be subject to FICA ...

The State University of New York (SUNY) provides employees with the opportunity to save for their retirement through the SUNY Voluntary 403(b) Tax-Deferred Annuity Program and NYS Deferred ...

Wendi Lazar, of counsel at Outten & Golden LLP, wrtites that employees' attorneys must be vigilant to guard against serious adverse tax consequences for their clients and at the same time protect ...