DocHub gives all it takes to easily modify, create and handle and securely store your Deferred Compensation Plan and any other documents online within a single tool. With DocHub, you can avoid form management's time-wasting and resource-rigorous operations. By eliminating the need for printing and scanning, our environmentally-friendly tool saves you time and reduces your paper usage.
As soon as you’ve a DocHub account, you can start editing and sharing your Deferred Compensation Plan in no time with no prior experience needed. Discover a number of advanced editing capabilities to fill in letter in Deferred Compensation Plan. Store your edited Deferred Compensation Plan to your account in the cloud, or send it to customers using email, dirrect link, or fax. DocHub allows you to convert your form to other file types without the need of switching between programs.
You can now fill in letter in Deferred Compensation Plan in your DocHub account whenever you need and anywhere. Your files are all saved in one platform, where you can modify and manage them quickly and effortlessly online. Try it now!
good morning everybody it is Jeanie Fisher a certified financial planner and senior foreign key adviser with our key and I talked a lot about qualified plans ERISA plans but today were going to talk about the non-qualified deferred compensation plan now this is not an ERISA plan and because of that it is not subject to ERISA standards and that really carries two primary benefits for the employer they are now allowed to actually discriminate on who they offer the plan to so they dont have to necessarily provide it to every employee on the employee side the IRC contribution limits are not there so you can actually defer a much larger portion of your income so lets walk through how this works for lets say an executive youre earning $300,000 a year you know you need to save money for retirement or long term goals you max out your 401k or your qualified plan but youve hit that limit pretty quickly right the 19,000 or the 25,000 if youre over the age 50 but in order for you to meet yo