Guest awilde Posted November 10, 2005 Posted November 10, 2005 Can an APC (Professional Corporation) adopt a traditional COLI-funded Non-qualified deferred compensation plan? I have two attorneys (age 60) who are seeking a way to grow their income on a tax deferred basis until retirement. Any other thoughts on a different vehicles that they can use to get the same tax deferred growth until retirement?
TCWalker Posted November 16, 2005 Posted November 16, 2005 I think they would be wise to compare against a tax-qualifed DB or weighted DC plan; talk to a competent Q-plan actuary.
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