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Articles, tagged with "contractual agreement", page 1
Estate Planning
Broadly defined, a nonqualified deferred compensation (NQDC) plan is a contractual agreement in which an employer agrees to pay an employee later for services rendered currently. The NQDC benefits typically commence upon the employee’s retirement (a...
Author: Julius Giarmarco, Esq.
Nonqualified Deferred Compensation Plans for Family Businesses
25th March 2010Broadly defined, a nonqualified deferred compensation (NQDC) plan is a contractual agreement in which an employer agrees to pay an employee later for services rendered currently. The NQDC benefits typically commence upon the employee’s retirement (a...
Author: Julius Giarmarco, Esq.