Classified | Operational | Executive | 12-Month Professional & Faculty | 12-Month Postdoc | 9-Month Professional, Faculty & Postdoc | Hourly William & Mary offers both a 457(b) Deferred Compensation ...
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 ...
What Is a Nonqualified Deferred Compensation? A nonqualified deferred compensation (NQDC) plan is an arrangement where employees can defer receiving a portion of their compensation until a later date, ...
When it comes to executive compensation, the conversation often revolves around big numbers and flashy bonuses. But there’s a lesser-known, yet equally important, piece of the puzzle: deferred ...
Under pre-409A income tax law, tax deferment is not achieved if, prior to the actual receipt of payments, the employee is in constructive receipt of the income under the agreement. Income is ...