Instagram – 409A Direct Sponsors Nikita Johnson
April 29, 2024
We proudly sponsor Nikita Johnson, car #17 with VRD Racing. He won at NOLA Motorsports Park, ranking number 1. Next race: Indianapolis.
News and Resources
Deferred Compensation Plan (DCP) Overview
An executive benefit plan where an executive can elect to defer, pretax, an unlimited amount of compensation [e.g., salary, bonus and/or commissions] and can elect to receive that compensation plus any earnings as a distribution at a future time.
A deferred compensation plan is an executive benefit plan that allows executives to defer, pre-tax, an unlimited amount of compensation.
Deferred Compensation Plan (DCP) A 401(k) Supplement
A deferred compensation plan is an executive benefit plan that allows executives to defer, pre-tax, an unlimited amount of compensation.
Deferred Compensation Plan (DCP) Audit
Plan Funding: Taxable vs Nontaxable Securities
Nonqualified deferred compensation plans (DCPs) are a strong incentive to both attract and retain key executive talent.
| Taxable | Nontaxable | |
|---|---|---|
| Liquidity | ✔ | X |
| Favorable Accounting | ✔ | X |
| Plan Security | ✔ | X |
| Tax-Favored | ✔ | X |
| Favorable Cash Flow | ✔ | X |
| Cost Recovery | ✔ | X |
| Positive Profit & Loss Impact | ✔ | X |
Featured News
409A Direct Sponsors USF Pro 2000 Driver Nikita Johnson
April 29, 2024
409A Direct sponsors USF Pro 2000 driver Nikita Johnson, praising his success and supporting his race journey to victory.
409A Direct Launch Press Release
April 29, 2024
409A Direct launched an online platform for small- to medium-sized businesses to create and implement nonqualified deferred compensation plans.