It’s Critical To Be Aware Of The Tax Rules Surrounding Your NQDC Plan
Nonqualified deferred compensation (NQDC) plans pay executives at some time in the future for services currently being performed. They differ from qualified plans, like 401(k)s, in that: NQDC plans can favor certain highly compensated employees, Although the executive’s tax liability on the deferred income also may be deferred, the employer can’t deduct the NQDC until […]
