Nonqualified Deferred Compensation Plans

To overcome the limits of qualified retirement plans, many employers are offering top executives something extra – a non-qualified deferred compensation plan. Under this voluntary arrangement, each selected executive elects to defer a certain amount of future income (deferral can be salary or bonus). Upon retirement, you pay the executive his or her deferred compensation as additional retirement income.

Other types of Executive Benefits:
+ Supplemental Employee Retirement Plans (SERP)
+ Executive Bonus Plans
+ Split Dollar Plans
+ 401(k) Look-Alike Plans