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NQDC plans vs. qualified plans

Is it time for a NQDC plan deferral election?

Is it time for a NQDC plan deferral election?

If you’re an executive or other key employee, your employer may offer you a nonqualified deferred compensation (NQDC) plan. As the name suggests, NQDC plans pay employees in the future for services currently performed. The plans allow deferral of the income tax...