Now that tax rates have increased for high earners, have nonqualified deferred compensation (NQDC) arrangements once more become a valuable tool? This article looks at whether these changes have made nonqualified deferred compensation plans more attractive. It also examines how certain features of NQDC plan design can cause you tax problems.

Here’s a quick take on some new developments to be aware of when your tax return involves nonqualified deferred compensation: High-income taxpayers have increased tax rates on ordinary income, capital gains, and dividends, along with the return of phaseouts on …