Nonqualified Deferred Compensation

An extra measure of flexibility for key contributors

You want to go the extra mile for your highest paid executives and key contributors. These key contributors are likely to have a specific financial plan for the future – while still at work and beyond.

A Non-qualified Deferred Compensation arrangement gives them the ability to set compensation aside with potentially powerful tax and investment advantages.

Bank of America Merrill Lynch can help you navigate the recordkeeping requirements necessary to make this benefit even more effective for your company and your key employees.

NQDC services include*:
  • A single point of contact for all plans served by Bank of America Merrill Lynch
  • Web-based enrollment and distribution management
  • A unified view of plan inservice and retirement accounts and investments with other retirement and equity plans serviced by us
  • Payroll coordination
  • Asset allocation and rebalancing
  • Class year accounting
  • Tracking and reporting of beneficiary information and vesting schedules
  • Monthly asset and liability reporting to facilitate accounting and financial reporting
  • Distribution calculations
  • Consulting services, investments, investment management and recordkeeping
  • Financing and cash flow review
  • Rabbi Trust services to provide an extra measure of assurance for participating executives.

Employee services**

A team of registered representatives in our Participant Service Center is also able to answer questions, assist with enrollment and execute distribution elections. NQDC plan participants can call upon specially designated Merrill Lynch Financial Advisors, who assist executives with:
  • Understanding the plan
  • Tax strategies and distribution elections
  • Incorporating NQDC benefits into an overall wealth accumulation and management strategy

*Offered with Bundled DC/DB Offering
**We offer unbundled NQDC services through our partners FutureComp & Principal

25% of workers and retirees have no savings at all.* Are your employees prepared for the future?
See how Retirement and Benefit Plan Services can expand the possibilities of your employee benefit solutions.
1.877.895.2176