Nonqualified deferred compensation plans offer benefits to both employers and the employees participating in the plans.
Employers need to recruit, reward and retain valuable key employees. What better way to do that than to offer highly compensated employees a means to save for retirement and other goals on a pre-tax basis. This is particularly attractive to those that may face a retirement gap despite their income.
Learn more about the retirement gap and other plan benefits by watching this six-minute video.
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