Sled Background Checks > Broadly defined, a nonqualified deferred compensation (NQDC) plan is a contrgenuine agreement in which an employer agrees to pay an employee later for services rendered currentlyhe NQDC Benefits frequently start off upon the employee's retirement (after attaining a specified age), disability or death before retirementnstead, the promised future confident aspects are in addition to current compensationhis article deals with the salary continuation type of NQDC plan where the employee does not defer current compensation, but instead the promised future Benefits are in addition to current compensationomparison to Qualified Plansualified retirement plans such as pension, profit sharing and 401(k) plans are subject to several restrictions under the Employee Retirement Income Security Act of 1974 (ERISA)n contrast, NQDC plans can be discriminatory, do not have to have a vesting schedule, tend not to require a trust fund arrangement, and have no limits on how long certain aspe ... [Read More ! Sled Background Checks]
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