A 409a deferred compensation plan is a non-qualified arrangement that allows employees to defer a portion of their income to a future date. This plan is often used by high-income earners to reduce ...
Deferred compensation is a way for employees to reduce their tax burden while ensuring their economic security in their golden years. Deferred compensation plans with a long vesting period are ...
But while executive benefits are increasingly popular among advisers and their clients, a major issue needs to be considered: compliance with IRS and various other regulations. The compliance ...
Helping to bridge the retirement planning gap for executives is one of the most significant challenges—and near-term opportunities—plan advisers have today. This is because many executives face a ...
Deferred compensation options for executives of tax-exempt entities are often misunderstood by those organizations who have not previously delved into them. Traditional tax-exempt organizations – ...
Benjamin Harvey CFP®, CPWA®, ChFC®, CLU® Founder and Private Wealth Advisor, Summation Wealth Group To continue reading this content, please enable JavaScript in ...
Could your motion picture agreement, recording agreement, or sports contract be a non-qualified deferred compensation arrangement? You may think it unlikely, but a non-qualified deferred compensation ...
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 ...
WINDSOR, Conn.--(BUSINESS WIRE)--Voya Financial, Inc. (NYSE: VOYA), announced today the launch of “Business-ready” — the latest addition to the firm’s comprehensive lineup of nonqualified deferred ...
Deferred compensation allows Florida employees to set part of their earnings aside for future uses. This strategy could help you manage taxes or plan retirement, as it delays a portion of your income, ...