Nonqualified deferred compensation plans are once more in the spotlight—and for some, in the cross-hairs. Do you know what your plan sponsor clients need you to know?
In today’s world of tight labor markets, one of the most important things advisors can help plan sponsors do is recruit, reward and retain the key people that drive revenue, set strategy and overall ensure the long-term success of their organizations.
In fact, we get so consumed with group benefits (qualified plans, group health, etc…) that advisors frequently miss the fact that in so doing we have accidentally discriminated against many if not all of our key employees purely through an “accident” of plan design.
At the 2020 NAPA 401(k) Summit, you’ll be able to get up to speed on the latest developments with Tony Greene, Senior Vice President Business Development at NFP in a powerful workshop titled “'C,' Sweet: Starting (and Ending) a Successful Executive Benefits Conversation.”
You’ll learn how (and why):
- Retirement completion should be attainable for everyone regardless of compensation level
- Discrimination against highly compensated employees should be an active decision, not an accident of plan design
- Employee retention can be accomplished through a seamless alignment of employee and employer interests
It’s an informative focus that can significantly expand and enhance your practice.
Register for the 2020 NAPA 401(k) Summit TODAY at https://napasummit.org.
