A nonqualified deferred compensation plan from Principal allows you, as a key employee, to save for retirement above and beyond qualified plan limitations and restrictions and bridge the retirement gap.
Deferred comp plans offer a tax-deferred option to supplement your existing qualified employer-sponsored plan, such as a 401(k) plan.
- Take advantage of pre-tax deferrals, tax-deferred growth and compounded earnings.
- Defer compensation above 401(k) or 403(b) plan limits to meet savings goals.
- Design a personalized investment strategy.
- Enjoy flexibility and take payouts from the plan without the same age restrictions as 401(k) or 403(b) plans.
Does your employer offer a deferred comp plan? Talk to your employer to find out more.
