A nonqualified deferred compensation (NQDC) plan is an arrangement that an employer and employee agree to where the employer accepts to pay the employee sometime in the future. Executives often ...

A Newport executive discusses how early findings from an annual survey show plan sponsors providing nonqualified compensation programs to a wider pool of employees. The benefits world is entering a ...

Employers are leveraging NQDCs for retention use at increasing rates, with 30% having a noncompete provision. Non-qualified deferred compensation plans are increasingly being used by employers as ...

Deferred compensation is a way for employees to reduce their tax burden while ensuring their economic security in their golden years. Deferred compensation plans with a long vesting period are ...

In their battle for talent, employers are beefing up ancillary retirement plans they call non-qualified deferred compensation plans for their high-level executives, according to a survey from the Plan ...

New solution, designed for small businesses, will build upon Voya’s prior success in the market as its NQDC plan growth more than doubled in 2023 WINDSOR, Conn.--(BUSINESS WIRE)-- Voya Financial, Inc.

For many participants in nonqualified deferred compensation (NQDC) plans, November and December are the time to be like an autumn squirrel and decide how much of next year’s salary to defer and store ...

The retirement needs of the typical U.S. worker can be well served by consistent participation in a payroll deferral 401(k) plan, with the potential to complement pre-tax savings with after-tax ...

WINDSOR, Conn.--(BUSINESS WIRE)--Voya Financial, Inc. (NYSE: VOYA), announced today the launch of “Business-ready” — the latest addition to the firm’s comprehensive lineup of nonqualified deferred ...