Reward Key Talent

Many companies offer nonqualified plans as a retirement benefit for executive-level employees because IRS contribution limits can make 401(k) and 403(b) plans restrictive for high earners. Since nonqualified plans like deferred compensation, 457, SERP, and long-term bonus plans are not subject to Employee Retirement Income Security Act (ERISA) requirements, they can be offered as an incentive to specific employees, which can help your organization attract, retain, and reward key talent.

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Our Approach

CBIZ can work with you to implement and administer a nonqualified plan using an orderly consulting process. Our team can:

  • Help clarify objectives
  • Provide holistic plan design consulting
  • Analyze cost and informal funding models
  • Coordinate with employees and service providers
  • Monitor asset and liability matching
  • Provide periodic plan updates and amendments
Key Benefits

Reward Key Talent

Attract, retain, and reward key talent by enhancing your total rewards package with a nonqualified retirement plan.

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Key Benefits

Boost Retirement Savings

Nonqualified plans can help key employees save more money for retirement by maximizing their contribution options while deferring taxes until retirement.

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Get Started

Ready to learn how CBIZ can help your organization? Connect with a specialist to get started.

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