Executive Nonqualified ”Excess” Plan

A non-qualified excess plan is a non-qualified deferred compensation plan that allows executives to defer pre-tax income in “excess” of qualified plan limits – potentially up to 100% of compensation. These plans are based on a contractual agreement between the employer and the executive(s) that results in the executive foregoing current compensation in exchange for a future benefit.

Executive Nonqualified Defined Benefit Plan

A nonqualified defined benefit plan is a deferred compensation plan where the employer promises to provide a supplemental retirement benefit for a select group of management or highly compensated employees. The company can choose to informally finance the future obligation or leave the obligation unfinanced.

Contact Us to learn which plan may be the best fit for your business needs.