FINRA’s BrokerCheck Obtain more information about our firm and its financial professionals

Executive Deferred Compensation Plans

Executive Deferred Compensation Plans or Top Hat Plans are retention tools that are frequently used by companies and organization to entice key executive to stay with their current employer for a specified period of time. Below is a summary of the plan features:

Type of Company Non-qualified
Eligible Employees Select Executives & Owners
Annual Admin Cost Less than $1,000
Employer Contribution Defined by the company
Vesting Schedule Defined by the company
Payout Options Defined by the company

Since these plans are non‐qualified plans, the company can hand pick who to cover and not cover with these plans. These plans also vary greatly in design. An agreement is drafted between the company and the key employee specifying the vesting schedule, dollar amount of the benefits, and payout structure. There must be “substantial risk of forfeiture” associated with the benefit for these plans to operate correctly. Companies also have a number of options when deciding how to fund the future liability associated with executive deferred compensation plan.

Deferred Compensation

Welcome To Our Virtual Retirement Plan Services

For companies located outside of the Capital Region, we designed a virtual employer sponsored retirement plan platform that allows us to offer our clients:

  • Easy Plan Setup
  • Plans Consulting
  • Low Fees
  • Flexible Investments
  • No Call Centers
  • Employee Education (if applicable)
  • Retirement Planning
  • Video Conferencing For Review Meetings

Contact Us  . . .

Partners

All of our services start with a complimentary consult. We can assist you in determining which plan is the right fit for your company.

Schedule Yours Today

Request A Portfolio Comparison

(Visited 61 times, 1 visits today)

Investment advisory services offered through Greenbush Financial Group, LLC. Greenbush Financial Group, LLC is a Registered Investment Advisor. Securities offered through American Portfolio Financial Services, Inc (APFS). Member FINRA/SIPC. Greenbush Financial Group, LLC is not affiliated with APFS. APFS is not affiliated with any other named business entity. There is no guarantee that a diversified portfolio will enhance overall returns or outperform a non-diversified portfolio. Diversification does not ensure against market risk. The opinions voiced in this material are for general information only and are not intended to provide specific advice or recommendations for any individual. To determine which investments may be appropriate for you, consult your financial advisor prior to investing. All performance referenced is historical and is no guarantee of future results. All indices are unmanaged and cannot be invested into directly.