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Viewing profile - glasskopf

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glasskopf
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Joined: Thu Nov 15, 2012 4:13 pm
Last visited: Sat Nov 17, 2012 12:12 pm
Total posts: 3
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Most active forum: Personal Finance
[ 3 Posts / 100.00% of user’s posts ]
Most active topic: Being moved from 401(k) to Deferred Comp Plan Question
[ 3 Posts / 100.00% of user’s posts ]

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 Forum: Personal Finance   Topic: Being moved from 401(k) to Deferred Comp Plan Question

Posted: Fri Nov 16, 2012 6:55 am 

Replies: 9
Views: 3477


This program is a NQDC program, so there is no "tax" number for it. It's non-qualified according to the federal tax code because there is a "risk of loss" as the money is allocated out there, I can see the matches and interest, but in the event that the company goes bankrupt the ...

 Forum: Personal Finance   Topic: Being moved from 401(k) to Deferred Comp Plan Question

Posted: Thu Nov 15, 2012 4:21 pm 

Replies: 9
Views: 3477


I just received an email notification from my employer, that because of my compensation over the last 12 months I now (barely) fall into the bucket of the "Highly Compensated Employee" and thus they are moving me out of the 401(k) plan into a company sponsored non-qualified deferred comp p...
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