NQDC Complications and Best Practices
Experts point out common points of confusion plan administrators and participants should watch out for in nonqualified deferred compensation plans.
Tag: NQDC
NQDC Plans, Which Can Improve Retention, Are Underutilized by Participants
According to NFP, the vast majority of employers feel competing for talent is ‘more expensive than ever,’ and businesses are turning to creative offers to keep executives satisfied without...
Retirement Industry People Moves
Corebridge names Muderrisoglu head of investor and ratings relations; TIAA promotes Houser to head of institutional sales; Tifin Amp’s founder...
Retirement Industry People Moves
Ascensus expands NQDC sales team; The Standard promotes Angie Cuthill within individual annuities; Optima names Paul Fletcher head of its...
Investment Product and Service Launches
Franklin Templeton launches U.S. fixed-income ETF; PGIM announces collateralized loan obligation and active ETFs; Athene adds three fixed-income annuities.
Schwab Retirement Plan Services Partners With Newport, Conduent to Expand Capabilities
Schwab will offer increased services in nonqualified deferred compensation and defined benefit plans, highlighting a push toward large retirement plan...
Client Service
The Need for NQDC Support
Fewer than half of recordkeepers offer ‘top hat’ services for HCEs.
NQDCs Have Never Been More Popular. Is There Room for Them to Grow?
Trying to attract and keep talent, firms offering nonqualified compensation plans may need more innovation than expansion.
For NQDCs to Meet Growth Potential, Experts Turn to Customization
Less than half of recordkeepers currently offer “top hat service” for highly compensated employees.
Beyond Comp: What Makes Advisory M&A Deals Stick
When it comes to setting up a successful long-term relationship with top advisers, firms still generally rely on sticks instead...
Nonqualified Deferred Compensation Plans Increasingly Include Noncompete Clauses
Employers are leveraging NQDCs for retention use at increasing rates, with 30% having a noncompete provision.
Small and Medium Businesses Driving NQDC Plan Growth
Small-to-medium-sized businesses are increasingly turning to nonqualified deferred compensation plans amid a competitive market, according to data and industry players.
Investment Product and Service Launches
Voya Financial offers NQDC portfolios for workplace clients; Investics announces enhancements to cloud ecosystem; PGIM launches new active aggregate bond...
Regulatory Radar
NQDC Guidance
Advisers can help clients navigate the complexity of these supplemental plans.
Case Draws Difference Between 409A Claims Against Different NQDC Plan Designs
Claims for non-ERISA NQDC plans may be brought under state-contract law, but a federal appeals court found Safelite's plan was an ERISA plan, so state-law claims were preempted.
2018 Practice Development: A Look at New Revenue Streams
This year, the Practice Development column in PLANADVISER print explored various ways retirement plan advisers can expand their practices beyond 401(k)s, with the goals of adding new revenue...
NQDC Plans Still Valuable After Tax Reform Changes
“Non-qualified deferred compensation plans will always be tax advantageous and a useful benefit,” Bruce J. McNeil, partner with The Wagner Law Group, told Plan Sponsor Council of America...
trendspotting
Tax Act May Affect Retirement Plans
ESOPs, NQDCs and IRAs, plus 529 college plans, could feel the impact