Most executives who get access to a nonqualified deferred compensation plan treat it like a bonus perk. They sign the ...

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 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 ...

Executives who spend years building up a non-qualified deferred compensation balance often assume it’s safe because it shows ...

An employer can take an income tax expense deduction for nonqualified deferred compensation only when it is includable in the employee’s income, regardless of whether the employer is on a cash or ...

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 ...

Most executives who participate in non-qualified deferred compensation plans spend more time thinking about how much to defer than about the rules governing when they can get it back. That is a costly ...

Discover withdrawal rules, rollover options, and tax implications of 457 plans for a smarter post-retirement savings strategy ...

Firms love deferred compensation. After all, it is your money they are deferring, not their own. Just try asking your firm to defer taking its share of your gross commission. These “golden handcuffs” ...

The Wisconsin Deferred Compensation Program (WDC) offers employees a strategic way to save for retirement by allowing them to set aside a portion of their salary aside to be paid out at a later date, ...