Non-Qualified Deferred Compensation Plan
Posted November 23, 2018
We don’t want to go too far down this road, but you should be aware of this option. It is usually reserved for highly compensated employees such as executives who can set aside more money, and it might allow a non-qualified deferral to help a qualified plan, such as a 401k plan, to conform to plan testing. 401k plans with profit sharing and defined benefits pension piggybacks usually eliminate the need for this.
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