Non-Qualified Deferred Comp
Pretty sure I know the answer but any brilliant ideas how to save a client some taxes on a non-qual deferred comp plan?
He’s retiring and seeking options since it can’t be rolled to an IRA.
Thanks
Pretty sure I know the answer but any brilliant ideas how to save a client some taxes on a non-qual deferred comp plan?
He’s retiring and seeking options since it can’t be rolled to an IRA.
Thanks
Permalink Submitted by Alan - IRA critic on Tue, 2014-04-22 01:16
About all client can do is spread the distributions out as long as possible, or take more in low income years than in otherwise high income years after determining what plan distribution options exist. Perhaps he can delay SS benefits if he has paid in so the benefits start about the time the DC plan distributions are ending.