Nonqualified Deferred Compensation (NQDC) plans are
specialized benefit arrangements that offer distinct advantages
to businesses in attracting, retaining, and rewarding top talent.
Unlike qualified retirement plans, NQDC plans operate outside the
regulatory framework of the Employee Retirement Income Security Act of 1974 (ERISA), providing greater flexibility in customization.
In this ultimate guide, we will explore the features, benefits,
and considerations of NQDC plans, helping you make informed
decisions for your business.