Is Nonqualified Deferred Compensation for You?

First, let’s define what a nonqualified deferred compensation¬†(NQDC) plan is. These plans allow you to set aside large amounts of tax-deferred compensation and then schedule distributions that align with your financial goals. Sound intriguing? Like most things in life, they also come with substantial risk. If your (or a prospective) employer offers an NQDC plan …

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