Executive Compensation Plans

We will consult with you to develop strategies for rewarding and retaining management and key employees in your company.
The Executive Nonqualified "Excess" Plan
A defined contribution deferred compensation plan that allows executives to defer pre-tax income in "excess" of qualified plan limits - potentially up to 100% of compensation. These plans are based on a contractual agreement between the employer and the executive(s) that results in the executive foregoing current compensation in exchange for a future benefit.
The Executive Nonqualified Defined Benefit Plan
A nonqualified deferred compensation plan where the employer promises to provide a supplemental retirement benefit for a select group of management or highly compensated employees. The company can choose to informally finance the future obligation or leave the obligation unfinanced.

View or download James Frawley’s article: Executives Need Financial Planning Help Too! that appeared in Accounting Today.