November 15, 2010
New Site for Nonqualified Deferred Compensation Plans
Many companies with qualified retirement plans, including ESOPs, have nonqualified retirement plans for certain employees as well, usually because the contribution limits for qualified plans may exclude some of their compensation. Bruce Brumberg, who created the immensely useful site http://www.mystockoptions.com, has now created a new Web site for these plans, http://www.mynqdc.com. Like the first site, the emphasis is on helping beneficiaries of these plans understand their design, tax, and planning implications.