California Asset Management

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91% of all Fortune 1000 companies provide a Non-Qualified Deferred Compensation Plan to their Key Employees.

One size doesn't fit all when it comes to picking how you'll finance your nonqualified deferred compensation plan. You need flexibility, options, and an experienced advising firm to design the solutions that can help you meet your specific goals. #NQDC #deferredcomp #assetallocation #corporateownedlifeinsurance

Everyone wants to maximize cash flow, especially in retirement when you want to make sure you can maintain your current lifestyle. One way to do this is by minimizing taxes through diversification of your assets. Non-qualified deferred compensation plans for you/or your key employees have funding options that have varying tax implications.

When you set up a deferred comp plan for your key employees, you can informally finance the plan or leave it unfinanced. The best method depends on your organization's financial situation as well as how comfortable you and your key employees are with risk.

Qualified retirement savings plans like 401(k)'s are a great way to help attract an retain employees. But Sometimes these plans hold high earners back, risking loyalty and long-term security of key employees who are vital to your success. NQDC plans can help without the restrictions of qualified plans.

What are the top reasons plan sponsors offer a deferred comp plan?