Deferred compensation is a type of employer-sponsored benefits plan where a company places assets into a special account. The employees are able to take the compensation at a later date. The year of ...
Deferred compensation is a way for business owners, C suite execs and other highly paid individuals to cut their tax bill and prepare for retirement. A nonqualified deferred compensation (NQDC) plan ...
Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Vikki Velasquez is a researcher and writer who has managed, coordinated, and directed ...
A nonqualified deferred compensation (NQDC) plan is an arrangement that an employer and employee agree to where the employer accepts to pay the employee sometime in the future. Executives often ...
Ebony Howard is a certified public accountant and a QuickBooks ProAdvisor tax expert. She has been in the accounting, audit, and tax profession for more than 13 years, working with individuals and a ...
Deferred compensation plans have become an integral way to save for retirement. They typically come in two general forms. The first is a qualified deferred compensation plan that is governed by ERISA ...
Some companies offer employees the option of postponing part of their pay until after they retire using what is called a non-qualified deferred compensation (NQDC) plan. The plan may be offered in ...