A non-qualified deferred compensation plan is a deferred savings program for highly compensated executives. These programs can be offered to executives as an additional method for compensation and retirement savings beyond their 401k plan. These benefits can be converted into guaranteed income through annuitization ensuring income at retirement without the tax implications. Dietrich can insure this benefit with an insurance company, an additional protection available over the traditional self funded non-qualified deferred compensation plan.
Group Annuity Products