M&T Bank : Nonqualified Deferred Compensation Plans
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Nonqualified Deferred Compensation Plans

Nonqualified deferred compensation plans reduce a portion of an employees’ taxable income in the current year, and is paid out at a date after which the income is actually earned. Examples of deferred compensation include pensions, retirement plans and stock options. M&T Securities can help provide solutions to fund deferred compensation plans using life insurance.

What benefits can your business receive with a nonqualified deferred compensation plan?

  • A mechanism to recruit and retain valued executives with an added retirement plan
  • Recognize the contributions of key employees with an additional benefit
  • Options regarding whether the business or executive pays the premium of a life insurance contract inside of a deferred compensation plan

What benefits will your executives receive with a nonqualified deferred compensation plan?

  • Defer taxes on earnings until the executive receives the compensation according to the terms of the plan
  • Additional compensation in the form of retirement income
  • If funded with life insurance, the plan may provide tax-free death benefit proceeds to the executive’s beneficiary in the event of the executive’s death

Contact Us 
Learn more about how life insurance can fund a nonqualified deferred compensation plan. To arrange a convenient appointment, call us at 1-800-724-9949 or visit your nearest M&T branch. You can also “Get Started” on your insurance coverage right now, online.

Investment and Insurance Products: • Are NOT Deposits • Are NOT FDIC-Insured • Are NOT Insured
By Any Federal Government Agency • Have NO Bank Guarantee • May Go Down In Value

Brokerage services and insurance products are offered by M&T Securities, Inc. (member FINRA/SIPC), not by M&T Bank.
M&T Securities, Inc. is licensed as an insurance agent and acts as agent for insurers. Insurance policies are obligations of the insurers that issue the policies. Insurance products may not be available in all states.
The content of this page is for informational purposes only and is not intended to offer any tax, legal or financial advice. Please consult with the professionals of your choice to discuss your situation.
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