Nonqualified Plan Financing

Fulcrum Partners Publishes Report on Nonqualified Plan Financing

Fulcrum Partners Fulcrum Partners News, Reports & White Papers

ATLANTA, GA — (August 12, 2021) Fulcrum Partners, a OneDigital Company, has published, “Nonqualified Plan Financing: One Size Does Not Fit All”. The report looks at strategies an organization may elect to use if it chooses to fund its nonqualified deferred compensation (NQDC) plan.

FulcrumPartners Jon Kearn 1

Jon Kearn, Vice President of Retirement Fulcrum Partners, said, “Political, legislative, social and economic changes over the past year are driving organizations to reassess how they fund their nonqualified plans. The goals and objectives of each organization are unique. There is no ‘one-size-fits-all’ strategy that is best for every company or every executive when it comes to the design of a nonqualified deferred compensation plan. With retention of key talent and cost savings important to everyone, organizations should be exploring all strategies.”

Simply stated, nonqualified deferred compensation plans refer to a contractual agreement between an employer and selected key employees to defer currently taxable compensation until a defined specific event in the future, a strategy that could become even more desirable in the face of anticipated tax changes. This type of deferred compensation is not constrained by the same types of restrictions imposed on qualified plans. A nonqualified plan can be highly customized to meet the needs of both the organization and the key executives.

“Nonqualified Plan Financing: One Size Does Not Fit All” can be read or downloaded at Deferred Compensation News. To find out more about how organizations and executives can benefit from the use of NQDC  plans, follow Deferred Compensation News. You may also contact any member of the Fulcrum Partners team at fulcrumpartnersllc.com/fulcrum-partners-team to learn more.

About Fulcrum Partners, a OneDigital Company

Fulcrum Partners (fulcrumpartnersllc.com). With a team of experienced industry professionals who serve with diverse skill sets, targeted experience and in-depth expertise in executive compensation and benefits consulting, the financial professionals at Fulcrum Partners, a OneDigital Company, focus on an integrated approach to the design, financing and plan administration of executive benefits programs. Originally founded in 2007, today the company is part of the OneDigital advisory firm and has executive benefits advisory offices in Atlanta, Georgia; Chicago, Illinois; Charleston and Bluffton, South Carolina; Columbus and Cleveland, Ohio; Delray Beach, Orlando and Ponte Vedra Beach, Florida; Los Angeles and Newport Beach, California; Portland, Oregon; Salt Lake City, Utah and Washington D.C.

About OneDigital

OneDigital is a leading strategic advisory firm in the U.S. and has consistently led from the front as a workplace ally for 20 years. OneDigital’s ability to converge health, wealth and human resources into a hub of services and business guidance has empowered companies to create workplaces that attract and retain talent while fueling innovation and company growth. As employee healthcare, wellness and workplace benefits continue to shift, companies of all sizes have relied on OneDigital’s advisory teams for counsel and its adjacent services, including employee benefits, holistic HR services, retirement and wealth management, employee wellbeing and pharmacy consulting. Headquartered in Atlanta, OneDigital’s more than 100 offices and 2,400+ business strategists serve the needs of over 60,000 employers across the nation.

OneDigital has been named to the Inc. 5000 List of America’s fastest-growing companies every year since 2007, one of only 11 companies to do so. Currently listed as 18th on Business Insurance’s list of 100 Largest U.S. Brokers, OneDigital’s deep analytic abilities and experienced advisors deliver insights that reduce business risk and improve plan design and performance. For more information, visit www.onedigital.com. Investment advice offered through OneDigital Investment Advisors, an SEC-registered investment adviser and wholly owned subsidiary of OneDigital.

This material has been prepared for informational purposes only, and is not intended to provide, and should not be relied on for, accounting, legal or tax advice. Any tax advice contained herein is of a general nature. You should seek specific advice from your tax professional before pursuing any idea contemplated herein.

Securities offered through Lion Street Financial, LLC (LSF) and Valmark Securities, Inc. (VSI), each a member of FINRA and SIPC. Investment advisory services offered through CapAcuity, LLC; Lion Street Advisors, LLC (LSF) and Valmark Advisers, Inc. (VAI), each an SEC registered investment advisor. Please refer to your investment advisory agreement and the Form ADV disclosures provided to you for more information. VAI/VSI, LSF and CapAcuity, LLC. are non-affiliated entities and separate entities from OneDigital and Fulcrum Partners.

Unless otherwise noted, VAI/VSI, LSF are not affiliated, associated, authorized, endorsed by, or in any way officially connected with any other company, agency or government agency identified or referenced in this document.

Downloadable Documents

NQDC One Size Does Not Fit All Media Release