We know offering a robust retirement plan helps attract and retain in-demand executives, reduce turnover expenses, and boost the bottom line. But far from being table stakes, your retirement offering ...
GREENWOOD VILLAGE, Colo.--(BUSINESS WIRE)--Empower announced today that the State of Wisconsin Deferred Compensation Board under the Department of Employee Trust Funds has renewed its Wisconsin ...
A New York state judge dismissed a lawsuit by a unit of Empower Retirement challenging the New York City Deferred Compensation Plan's hiring of Voya Financial as the record keeper for its 457, 401(a) ...
Wisconsin Deferred Compensation Program, Madison, rehired Empower Retirement as third-party administrator. The $6.5 billion 457 plan issued an RFP in April due to the upcoming expiration of Empower ...
GREENWOOD VILLAGE, Colo.--(BUSINESS WIRE)--Empower announced today that the State of Illinois has chosen the nation’s second-largest retirement plan recordkeeper 1 to manage its 457(b) retirement plan ...
What Is a Nonqualified Deferred Compensation? A nonqualified deferred compensation (NQDC) plan is an arrangement where employees can defer receiving a portion of their compensation until a later date, ...
A nonqualified deferred compensation plan can reduce your taxable income, but there are risks to consider. Many, or all, of the products featured on this page are from our advertising partners who ...
When it comes to executive compensation, the conversation often revolves around big numbers and flashy bonuses. But there’s a lesser-known, yet equally important, piece of the puzzle: deferred ...
Deferred compensation allows individuals to delay receiving part of their income until a future date, often during retirement. This strategy is appealing for retirement savings and tax management, as ...
Planning for retirement can feel overwhelming, but fortunately, there are several savings tools available to help take the sting out of the process. By utilizing these tools, you can create a ...