Non Qualified Retirement Plans
Interested in finding out more about Non-Qualified retirement plans? Speak to an ISU-ERG Insurance Agency representative today!
What does it mean when a retirement plan is non-qualified? It means that the plan does not meet the requirements of the “Internal Revenue Code Section 401(a).”
This is a complicated way of saying that they do not meet certain criteria set by the government to earn the term “qualified.” But just because they are not qualified by the government does not mean they are bad. While they are not taxed the same way as qualified plans, they tend to be more flexible than the more structured qualified plans.
If you would like to learn more about how your business can use a non-qualified retirement plan, such as a Top Hat Plan, Excess Benefit Plan, Supplemental Executive Retirement Plan, or another of our options, speak to an agent from ISU-ERG Insurance Agency. We will guide you through the process of choosing the retirement plan that best suits your business.
Securities and Advisory services through Financial Telesis, Inc., member SIPC/FINRA
