Posted on 07/05/05
Notional pension plans a tax option for high-income workers
This week I want to discuss a creative idea called a notional defined contribution plan (NDCP).An NDCP is really a supplemental pension plan for high-income employees that can be offered by any employer. If you're not currently participating in a pension or other retirement savings plan at work, or where you're not satisfied with the level of the pension you expect to receive one day, you may want to speak to your employer about an NDCP.
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