Compensation is generally subject to federal income tax and FICA tax when compensation is actually paid to an employee. However, nonqualified deferred compensation (NQDC) may be subject to FICA ...

What Is a Nonqualified Deferred Compensation? A nonqualified deferred compensation (NQDC) plan is an arrangement where employees can defer receiving a portion of their compensation until a later date, ...

Many 401(k) plan sponsors are currently discussing implementation of the new Roth catch-up contribution rules, which were published on September 16, 2025, with their third-party plan administrators, ...

Salary deferral decisions for next year are impacted by the IRS’ 2026 contribution limit for qualified retirement plans and the One Big Beautiful Bill Act’s provisions. The contribution limits on ...

Today, millions of Americans have 401(k)s to save for retirement, but another type of retirement plan has taken off in recent years. Non-qualified plans, which include deferred compensation plans or ...