Nonqualified deferred compensation plans
Offering competitive benefits is important to your success. A nonqualified deferred compensation plan can help you show your commitment to the employees you depend on most.
A benefit that helps employees save鈥攁nd you stand out
Recruiting and retaining top talent can be a challenge for employers. And meeting retirement savings goals can be difficult for highly compensated employees. The good news? A nonqualified deferred compensation plan could help with both.
Deferred comp offers key employees a way to save beyond the limits of their 401(k) or other qualified plan. Providing this benefit can also set you apart from other employers. In fact, 61% of participants consider a plan important in deciding to take a new job, and 72% of employers view the plan as valuable for their retention efforts.
Connect with one of our specialists
Provide a few details about your business and we will help you take the next step.
Primary uses for deferred compensation:
- Retain key employees by helping them save more.
- Give key employees more control over the timing of benefits payments (and income taxes).
- Support efforts to recruit and reward key employees鈥攁nd help them retire.
- Simulate employee ownership and facilitate business succession.
A provider you can trust
As the No. 1 provider of deferred comp plans
Innovative plan design and consulting
We work hard to understand your organization and design a plan that meets your short- and long-term goals.
Multiple financing options
We offer a variety of financing techniques and help you make an informed decision about which is best for you.
Efficient plan onboarding
Our priority is to work with you to make plan onboarding as easy as possible.
Dedicated plan administrative services
Once your plan is in place, you can expect the expertise, consultation, and responsiveness to continue.
Attract and retain key employees
See how nonqualified deferred compensation benefitted this organization.
Is a nonqualified deferred compensation plan right for you?
Let鈥檚 chat about how deferred comp could help meet the needs of your organization.