Employer Retirement Plans and Deferred Compensation

This branch covers retirement promises and deferral arrangements created through an employer rather than through a stand-alone household account.

It includes qualified and nonqualified retirement plans, deferred compensation, executive retirement plans, employer retirement plan design, and vesting rights.

In this section

• Deferred Compensation and Nonqualified Plans
  Deferred-compensation and nonqualified retirement plan terms for executive and employer plans.
  • Deferred Compensation
    Compensation arrangement that postpones receipt of earnings until a future date, often as part of retirement planning.
  • Deferred Compensation Plan
    Plan that lets compensation be paid at a later date rather than immediately, often to shape taxes and retirement cash flow.
  • Non-Qualified Retirement Plan
    Retirement arrangement that does not meet the tax-law requirements applied to qualified employer retirement plans.
  • Nonqualified Deferred Compensation Plan: A Deferred Income Strategy
    A Nonqualified Deferred Compensation Plan (NDCP) allows executives to defer a portion of their income until a later date, typically retirement, providing tax benefits and customized payout options.
  • Supplemental Executive Retirement Plan (SERP)
    Nonqualified retirement arrangement used to provide additional retirement benefits to key executives.
• Employer Plan Qualification and Vesting
  Employer retirement plan terms for qualified status, plan sponsorship, and vesting.
  • Employer Retirement Plan
    Retirement plan established by an employer to provide tax-advantaged saving or pension benefits for workers.
  • Qualified Retirement Plan
    Employer retirement plan that meets tax-law requirements for favorable treatment under the applicable retirement-plan rules.
  • Vesting: Understanding Legal Rights in Retirement and Employee Benefits
    A comprehensive guide to vesting, including its definition, types, applications in retirement plans and employee benefits, and how it impacts legal rights to payments and assets.