Plans For Tax-Exempt Organizations
Tax-exempt organizations face unique challenges when designing compensation programs for physicians and/or executives. These organizations must remain sensitive to cash flow constraints while offering plans that deliver on three fronts – attracting, retaining and motivating highly compensated physician and/or executive talent.
Nolan Financial works closely with its clients to design plans that meet an organization’s unique goals and objectives. Nolan Financial also spends considerable time and resources educating Plan Sponsors and Plan Participants on the intricacies of their nonqualified executive benefit plan so they can maximize the plan’s features and benefits.
Although there are numerous options for tax-exempt employers to offer supplemental retirement benefits to their highly compensated employees, the four most common are 457(b), 457(f), Section 162 (Roth Hybrids), and Section 83.