The opportunity to participate in your company's nonqualified deferred compensation (NQDC) plan can provide you with the wealth to meet many of your financial goals, including a comfortable retirement. However, participation is not simple, and the choices you must make can seem confusing. Part 3 of this series explores investment choices, risks, and death issues.
Your plan will specify the treatment upon death, which usually triggers…
Usually you will have a form that allows you to designate a primary and contingent beneficiary for your nonqualified deferred compensation account balance. The language in this form needs to follow…