Featured Jobs
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Daybright Financial
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Independent Retirement
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Spectrum Pension Consultants (part of Daybright Financial)
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Regional Sales Director-Mid Atlantic July Business Services
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Director, Strategic Accounts and Channel Development July Business Services
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Director of Regulatory Operations and Compliance PCS Retirement
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Stones River Consulting
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EPIC RPS
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Experienced Employee Benefits Attorney Shipman & Goodwin LLP
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EPIC RPS
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Internal Channel Sales Team Lead July Business Services
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Daybright Financial
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Regional Sales Director-Heartland July Business Services
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Relationship Manager – Defined Contributions Daybright Financial
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Nova 401(k) Associates
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| 1. |
myNQDC.com
Nov. 16, 2025
"Newly important for planning at year-end 2025 is the impact of the 'One Big Beautiful Bill' Act (OBBBA) ... [which] significantly raised the cap on the state and local tax (SALT) deduction but also phases out the deduction for yearly adjusted gross income (AGI) exceeding $500,000. An income deferral into an NQDC plan could reduce your phaseout in whole or in part."
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| 2. |
myNQDC.com
Mar. 24, 2025
"Distributions from NQDC plans, as well as salary income, are now reported as part of income on Line 1a of Form 1040.... The IRS has still not finalized the Section 409A rules on W-2 reporting. Therefore, your company does not need to indicate deferred income from an NQDC plan on your Form W-2, though it may do so voluntarily in Box 14.... ... What to do if your company's NQDC plan violates Section 409A ... Mistakes to avoid with filing extensions."
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| 3. |
myNQDC.com
Nov. 5, 2024
"In November and December, many executives and key employees who participate in nonqualified deferred compensation (NQDC) plans must decide how much of next year's salary to defer. Factors in this decision about nonqualified plans include the IRS limits that apply to qualified retirement plans. The IRS just set the 2025 contribution limits[.]"
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| 4. |
myNQDC.com
Oct. 25, 2022
"[If] you've already maxed out your qualified plan contributions for 2022, you will still probably do the same in 2023, so you will need NQDC plans to defer any salary and bonus increases you expect in 2023. Also, if you believe tax increases are on the way and will affect you, you may feel a growing need to defer income."
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