A nonqualified deferred compensation plan is an arrangement in which an employee is compensated for services after the year the services were performed. The intent of most plans is to allow executives to defer compensation to later years, when they expect to be in a lower tax bracket.
Voluntary benefits are a great way to expand the employer's portfolio of benefit offerings at little to no expense to the employer. The goal is to find the right voluntary products for the employer's needs and then to have them implemented without a sales push on the employee.
Many benefits professionals have been taking steps to cut benefit costs and travel costs, due to financial challenges this year. Attendees at EBN's Benefits Forum & Expo shared stories about their fiscal problems and solutions.
Turn to Employee Benefit News Marketplace, the NEW Sourcebook. It's the benefits industry's most comprehensive buyer's guide.
EBN partners with Voluntary.com to offer one-stop shopping for voluntary benefits.
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