Executive Benefits and Nonqualified Deferred Compensation Plans

1
Chapter 29

• Executive Benefits and Nonqualified Deferred
  Compensation Plans

2
Executive Benefit Checklist

• Nonqualified Deferred Compensation Plans
• Objectives
• Employer
• Employee
• Funded and unfunded plans
• Informal funding

3
Nonqualified Deferred Compensation Plans (cont.)

• Form of benefits
• Lump sum
• Annuities
• Death benefits
• Employer's tax treatment
• Impact of ERISA and other regulatory provisions
• Restriction to select group
• No funding
• Compensation with Restricted Property
• Stock Option Plans for Executives
• Incentive Stock Options

4
Life Insurance for Executives

• Split dollar
• DBO
• Group term