NQDC Plans Serve Organizations
NQDC plans provide employers powerful leverage for recruiting, retaining, and rewarding the key talent that enables the organization to achieve its goals, maintain stability, and satisfy board members and stakeholders.
Using NQDC, companies can create phantom shares and provide an ownership experience or create opportunities for key executives to be potential future owners.
- Inspire/influence the behavior of key performers by customizing contribution and vesting schedules to establish performance rewards
- Utilize discretionary employer contributions to help fulfil the organization’s unique needs
NQDC Plans Serve Executives
A nonqualified deferred compensation plan can afford you freedom to enjoy your earnings and/or pay taxes on those earnings at the time that is most beneficial for you and your family.
Executives can choose to take payouts to correlate with personal goals such as buying a vacation home or paying for a child’s college tuition. Typically, income taxes are not paid until the tax year the money is actually received, however, you should always consult your own tax, legal, and accounting advisors.
Contact Fulcrum Partners.
Find out how a NQDC plan could enhance your financial future.