myNQDC | Financial Planning : Advanced

Financial Planning : Advanced

Articles

UPDATES! Tax Reform: Good Or Bad For Pretax Compensation Deferral?

by David Hauptman

Tax reform has complicated the decision of whether to participate in your company’s NQDC plan. This article provides a perspective on how to decide whether or not to defer pretax compensation.

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UPDATES! Tax Reform And The Impact On Nonqualified Deferred Compensation Plans

Participant Viewpoint: Tax Strategies With Stock Options, Restricted Stock, And Deferred Compensation

UPDATES! College Financial Aid & Funding With Nonqualified Deferred Compensation (Part 1): Planning Your Deferrals

UPDATES! College Financial Aid & Funding With Nonqualified Deferred Compensation (Part 2): Tax Aid & Cash-Flow Planning

The Growing Importance Of Nonqualified Deferred Compensation Amid Tax-Rate Changes

Opportunities And Risks: The Role Of Nonqualified Deferred Compensation In Your Financial Planning (Part 3)

Scenarios For Maximizing Nonqualified Deferred Compensation (Part 2)

FAQs

How do I decide what investments to select in my NQDC account?

You may have the opportunity in your NQDC investment allocation to choose any of the investment options also offered in your 401(k) plan, or you may just be…

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What are class-year plans and account-based plans for deferrals and distributions?

The "class year" relates to deferrals for distributions merely in specific years, while in the account-based plan you defer amounts for…

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More FAQs:

Which is better: a class-year plan or an account-based plan?

Can income from my NQDC distribution alone qualify me to establish an IRA?

Does the money in my NQDC plan count in the calculation when I convert a traditional IRA to a Roth IRA?

Can I roll over my distributions from the NQDC plan into an IRA and keep the tax-deferred status?

Can I use my NQDC distributions to fund my living expenses before I reach the age of mandatory IRA and 401(k) withdrawals, and to delay getting Social Security payments?

I have started receiving Social Security payments. If I start receiving distributions from my NQDC plan, must I still pay Social Security tax on the income? Can this income cause my Social Security payments to be taxed too?

Are there strategies for using the redeferral election?

At year-end 2020, when I am deciding on salary deferrals into my nonqualified plan for the year ahead, what should be the top issues in my decision-making?

Can I give my NQDC assets directly to a charity or name a charity as a beneficiary under my plan?

Can I time NQDC distributions to fund my children’s college tuition?

Why did some executives in the past have the ability to receive a lump distribution of all their assets in the NQDC?