Non-Qualified Plans

A non qualified deferred compensation plan is generally an unsecure promise by an employer to pay future compensation/benefits to an employee. If structured properly, the employee is not taxed until the benefits are actually received; the employer receives an income tax deduction when the benefits are included in the employee’s income. Some of the most common plans are:

  • Supplemental Retirement Income
  • Key Man Coverage
  • Retention Bonuses
  • Buy Sell Funding
  • Wealth Transfers
  • Split Dollar Planning