There's an old adage that says that the true keys to any company's success are its people. Key employees play an important role in your success, so taking good care of them is nothing short of enlightened self interest. A non-qualified executive benefit plan can help make your benefits package competitive enough to recruit, retain and reward the best talent...while paying less in taxes.
Unlike qualified retirement plans, a non-qualified executive benefit plan allows you to choose the employees you wish to cover and exclude others. Contributions to the plan are set by your business and personal objectives. Government regulations, which may restrict the contributions of highly compensated employees to a qualified plan, do not apply to a non-qualified plan. This is particularly important if you find your company’s current benefits package lacking for your own personal needs.