Essex Financial Services

Non-qualified Deferred Compensation

Non-qualified deferred compensation plans allow for the postponement of pay or bonuses until a specified date. As a recruitment and retention tool, such plans are attractive to highly compensated employees, who often exceed 401(k) limits and face other restrictions of traditional tax-qualified profit-sharing and pension plans.

Unlike qualified plans, they offer more advantages to employers:

May be funded or not
Can lower payroll taxes
No caps on contributions
Employees have no direct ownership of funds
Are inexpensive to implement and administer

Let Essex Financial Services show you how to start improving your company's cash flow by starting a non-qualified deferred compensation plan.

This site is published for residents of the United States only. Essex Financial Services' Financial Advisors may only conduct business with residents of the states for which they are properly registered. Therefore, a response to a request for information may be delayed. Please note that not all of the investments and services mentioned are available in every state. Investors outside of the United States are subject to securities and tax regulations within their applicable jurisdictions that are not addressed on this site. Contact us for information and availability.