Non-Qualified Deferred Compensation/Salary Continuation

Your business may enter into an arrangement with your highly compensated or select group of management and provide them with a supplemental retirement arrangement that is tailored to both the business and executive’s needs.

This arrangement is appropriate when the business entity will continue to operate for a long period, at least long enough to pay the benefits promised under the arrangement, Essentially, the business promises to pay a benefit to the executive at some time in the future (often at retirement age).