myNQDC.com: Crucial Updates & New Content
Editor's Note: The alert below concerns our sister website myNQDC.com, the most comprehensive online resource about nonqualified deferred compensation plans. It was sent to registered users of myNQDC.com on Feb. 16, 2011.
In recent weeks, we have enriched the content of myNQDC.com with both crucial updates and exclusive new articles and FAQs on key NQDC topics.
Selected New Content
Participant Viewpoint: My Investment And Risk Management Strategies For Nonqualified Deferred Compensation. An unusual and insightful perspective on NQDC plans enlivens our new article: Andy Wagner, a 25-year veteran of a Fortune 500 company, discusses his approach to NQDC plans and their investment choices, especially the crucial balance between risks and rewards.
Plan Design Features To Increase Participation In Nonqualified Deferred Compensation Plans. Why are some NQDC plans more successful than others? What goes into a winning formula? William B. MacDonald, the founder and CEO of Retirement Capital Group in San Diego, shares his extensive experience of NQDC plans in a thoughtful white paper. Learn about NQDC plan features that encourage participation by executives and pay off for the company in the long term by the enhancement of executive loyalty and retention.
Are severance payouts subject to the same six-month delay as other NQDC payments? Winston & Strawn attorney Michael Melbinger, a noted compensation expert, lent us his technical acumen in this crucial new FAQ about severance plans. If the severance plan or agreement provides for compensation that is earned in one year and payable in a later year, it could be subject to the rules of IRC Section 409A. However, Mr. Melbinger points out that the 409A regulations provide several exceptions to payments made upon an involuntary separation from service.
Our editorial team works hard to keep all of our content current. In addition to recent new content, FAQs with important updates include:
- What happens to my NQDC plan in a merger or acquisition? This FAQ explores the recent case involving the asset sale of Rand McNally and ways to protect NQDC in M&A.
- What if I have a financial or medical hardship? Can I get a distribution? This FAQ examines the newest IRS guidance that applies to NQDC plans.
- Does ERISA apply to and protect my NQDC plan? Learn the ways in which NQDC plans can and cannot be subject to ERISA rules, and read about a recent court case on this topic.
See myNQDC.com for these updates and many more.
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