A 409a deferred compensation plan is a non-qualified arrangement that allows employees to defer a portion of their income to a future date. This plan is often used by high-income earners to reduce ...

Non-qualified retirement plans refer to employer-sponsored retirement plans that do not meet the specific requirements and regulations set forth by the Internal Revenue Service (IRS) for qualified ...

Understanding the difference between qualified vs non-qualified retirement plans is key to maximizing your savings and making the most of your tax situation. Qualified plans, like 401(k)s and 403(b)s, ...

Benjamin Harvey CFP®, CPWA®, ChFC®, CLU® Founder and Private Wealth Advisor, Summation Wealth Group To continue reading this content, please enable JavaScript in ...

Non-Qualified and Qualified Annuities are two different types of annuities that are designed to help individuals plan for their retirement. A non-qualified annuity is typically purchased with ...

A non-qualified annuity is a type of investment product that lets your money grow tax-deferred until you start taking withdrawals. Unlike qualified annuities, which are funded with pre-tax dollars ...

In a bid to attract and retain elite professionals, employers are increasingly incorporating non-qualified deferred compensation plans into their benefits offerings. The Plan Sponsor Council of ...

Ashley Donohoe is a personal finance writer, Financial Planning and Wealth Management Professional and Certified Financial Education Instructor based in Cincinnati. She covers banking, loans, ...