Non-qualified deferred compensations plans (“EDCP/NQDC”) are benefits plans made available on a selective basis to certain executives and key personnel. Small business owners may also find great benefit in adopting NQDC plans. These plans can allow for tax-sheltered wealth building far in excess of standard 401k/403b plan limits, but they are not without certain drawbacks and limitations.
Read MoreMark Gasner CPA, CFP®, joined our internal wealth strategy team for a fast-paced roundtable covering some of our favorite tax-planning strategies. We discussed a variety of tax moves, which may be available to enhance your financial plan and minimize “tax drag” on your assets, as well as investment-related tax strategies, filing tips, effective gifting to family and charities, and tactics for business owners and executives.
Read MoreFrom supply chain breakdowns and inflation preparation, to bond investment strategy and tax law changes, Scott discusses the current financial situation and how to prepare for long-term financial success.
Read More