Tax Guide

 Search  2024 Tax Guide  Tax Tools
 Tax Calendar  Tax Glossary

< Previous Page Next Page >

Nonqualified Plan Advantages

From an employee's perspective, getting more compensation is always a good thing. Ultimately, however, it is the employer that makes the final determination whether a nonqualified deferred compensation plan fits its needs.

The following are the major advantages associated with a nonqualified plan that should be considered in the decision-making process:

Before you get too excited about all the advantages, remember that there are also a few disadvantages of nonqualified plans to consider.


< Previous Page Next Page >

© 2024 Wolters Kluwer. All Rights Reserved.