Nonqualified deferred compensation (NQDC) plans are a valuable supplement to a company's benefit package, as they provide an additional savings vehicle for employees currently maximizing their qualified plan contribution limits. This type of benefit option can be especially attractive to key executives and top performers - giving employers an edge when it comes to recruiting and retaining top talent.
Dedicated service teams ensure seamless enrollment, education and distributions. Innovative web tools make it easy for participants to enroll, monitor investment performance, forecast plan distributions and access educational materials.
By choosing Voya, you will be working with one of the largest retirement plan providers - a leading asset manager and a leader in voluntary products. This gives you access to holistic and tailored workplace solutions to help meet your unique needs and maximize the value of your benefits offering.
Our focus is always on what will work best for your company, employees and plan goals. Through tailored plan design and customized financial modeling we identify the most efficient funding strategy for your plan and organization’s tax structure.
With the flexibility to work with almost any fund that is NSCC traded and the ability to trade daily with multiple Corporate Owned Life Insurance (COLI) carriers, plan sponsors and advisors have access to a wide range of investment options.
Our systems have been designed so that we can rebalance across both mutual fund and COLI assets on a daily basis. This allows us to capture any participant activity so assets and liabilities stay in sync.
Our strong, long-term relationships with distribution partners allow us to provide you with best-in-class NQDC and holistic executive benefit programs. In addition, if your plan would benefit from funding through COLI we can provide solutions working with industry leaders.
