Nonqualified Deferred Compensation

Providing additional benefits to owner-employees, key executives, and other skilled and highly compensated employees is something all businesses must address to attract and retain top talent. The increasing regulation of qualified retirement plans and high costs to administer them has made nonqualified deferred compensation arrangements increasingly attractive for businesses and their employees. These arrangements allow the business to identify and select highly compensated employees to participate in creating financial security in retirement, upon death, or disability.