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 articleIn NQDC plans, the fourth quarter is the most common period for electing salary deferrals in the year ahead. One ongoing issue for deferral planning is the need to consider the tax increases of recent years, including the additional Medicare taxes for high earners.
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