Nonqualified Solutions
For Corporations or Private Companies with 25 or more employees
A nonqualified plan with administrative and investment services from the Principal Financial Group® provides your key employees with additional benefits. It can be used with 401(k), profit sharing, money purchase, and defined benefit plans.
Qualified retirement plans, like a 401(k) plan, are tax-efficient, and they lay the foundation for retirement planning. However, due to government restrictions, they may not provide enough retirement income for your key higher-paid employees.
