To be a well-informed participant in your company's nonqualified deferred compensation (NQDC) plan, you must know these related financial-planning concepts.
Read the rest of the article
Alert: At year-end, many participants in nonqualified deferred compensation (NQDC) plans must decide how much of next year’s salary to defer. Factors in this decision include the IRS limits on contributions to qualified retirement plans, and this year also the outlook for future tax rates after the 2020 election. The IRS just set the qualified plan limits for 2021…
Read the rest of the answer...