Fulcrum Partners releases report on funding unqualified plans

Fulcrum Partners, a OneDigital company publishes, “Unqualified Funding Plan: One Size Does Not Fit All”.

Jon Kearn, Vice President of Retirement, Fulcrum Partners

Jon Kearn, Vice President of Retirement, Fulcrum Partners

ATLANTA, Aug 12, 2021 (GLOBE NEWSWIRE) – Fulcrum Partners, a OneDigital company, has published “Unqualified Plan Funding: One Size Does Not Fit All”. The report examines the strategies an organization can choose to use if it chooses to fund its non-qualifying deferred compensation plan (NQDC).

Jon Kearn, Vice President of Retirement Fulcrum Partners, said: “The political, legislative, social and economic changes of the past year are pushing organizations to re-evaluate how they fund their ineligible plans. The goals and objectives of each organization are unique. There is no “one size fits all” strategy that is best for every business or executive when it comes to designing an unqualified deferred compensation plan. With the retention of key talent and significant cost savings for everyone, organizations should explore all strategies. “

Simply put, unqualified deferred compensation plans refer to a contractual arrangement between an employer and selected key employees to defer currently taxable compensation until a specific defined event in the future, a strategy that may become even more desirable. in the face of anticipated tax changes. This type of deferred compensation is not limited by the same types of restrictions imposed on qualifying plans. An unqualified plan can be highly personalized to meet the needs of the organization and key leaders.

“Unqualified Funding Plan: One Size Does Not Fit All” can be read or downloaded at Deferred compensation News. To learn more about how organizations and executives can benefit from using NQDC plans, follow News on deferred compensation. You can also contact any member of the Fulcrum Partners team at fulcrumpartnersllc.com/fulcrum-partners-team to find out more.

About Fulcrum Partners, a OneDigital company

Fulcrum Partners (fulcrumpartnersllc.com). With a team of experienced industry professionals who offer diverse skills, focused experience and in-depth expertise in executive compensation and benefits consulting, the financial professionals at Fulcrum Partners, a OneDigital company, focus on a integrated approach to plan design, funding and administration for executive benefit programs. Originally founded in 2007, the company is today part of the consulting firm OneDigital and has employee benefits consulting offices in Atlanta, Georgia; Chicago, Illinois; Charleston and Bluffton, South Carolina; Columbus and Cleveland, Ohio; Delray Beach, Orlando and Ponte Vedra Beach, Florida; Los Angeles and Newport Beach, California; Portland, Oregon; Salt Lake City, Utah and Washington DC

About OneDigital

OneDigital is a leading strategic consulting firm in the United States and has been a leading ally in the workplace for 20 years. OneDigital’s ability to converge health, wealth and human resources into a business advisory and service hub has enabled companies to create workplaces that attract and retain talent while fueling innovation and growth. of the company. As the health, wellness, and benefits at work of employees continue to change, businesses of all sizes have relied on OneDigital’s consulting teams for advice and its adjacent services, including employee benefits, holistic HR services, retirement and wealth management, employee welfare and pharmacy consulting. Based in Atlanta, OneDigital’s more than 100 offices and more than 2,400 business strategists serve the needs of more than 60,000 employers across the country.

OneDigital has been named to Inc. 5000’s list of the fastest growing U.S. companies each year since 2007, one of 11 companies to do so. Currently ranked 18th on America’s Top 100 Business Insurance Brokers list, OneDigital’s in-depth analysis capabilities and experienced advisors deliver insights that reduce business risk and improve plan design and performance. For more information, visit www.onedigital.com. Investment advice offered by OneDigital Investment Advisors, an SEC-registered investment adviser and a wholly owned subsidiary of OneDigital.

This material has been prepared for informational purposes only, and is not intended to provide, and should not be relied upon, accounting, legal or tax advice. Any tax advice contained in this document is of a general nature. You should seek specific advice from your tax professional before pursuing any idea contemplated in this document.

Securities offered by Lion Street Financial, LLC (LSF) and Valmark Securities, Inc. (VSI), each a member of FINRA and SIPC. Investment advisory services offered by CapAcuity, LLC; Lion Street Advisors, LLC (LSF) and Valmark Advisers, Inc. (VAI), each an investment advisor registered with the SEC. Please refer to your investment advice contract and the ADV form information provided to you for more information. VAI / VSI, LSF and CapAcuity, LLC. are unaffiliated entities and separate entities from OneDigital and Fulcrum Partners.

Unless otherwise specified, VAI / VSI, LSF are not affiliated, associated, authorized, endorsed by, or officially related in any way whatsoever with any other company, agency, or government agency identified or referenced in this document.

Steve broadbent
[email protected]

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