How Do You Reward Exceptional Employees?
A Non-Qualified Deferred Compensation Plan from SEFCU Insurance Agency is a great start. This type of plan allows your selected employees to defer the receipt of taxable income or bonuses until a time when they anticipate being in a lower tax bracket.
Non-qualified plans also allow contributions beyond the caps for a qualified plan, and are usually subject only to limits set by the employer.
Learn More about Non-Qualified Deferred Compensation Plans!