Non-Qualified Deferred Compensation Plan 2026: Rules, Taxes, and What Executives Need to Know
Quick Answer What Is a Non-Qualified Deferred Compensation Plan? A non-qualified deferred compensation plan (NQDC) is a contractual arrangement between an employer and a select group of employees that allows income to be earned in one year but paid in a later year. The plan is “non-qualified” because it does not meet the IRS requirements…