is dedicated to the administration of nonqualified deferred compensation plans and the
communication of plan benefits. Built from the ground up by experienced supplemental
benefit professionals, the site provides both a robust record-keeping platform for
administrators and easily customized online tools for participants.
Users of Deferral.com now
have the ability to create real-time asset-liability
comparisons and to automate asset rebalancing
transactions to support a wide variety of plans.
May 25 2018 GDPR Update
American Financial Systems, Inc. and Deferral.com take seriously our obligations to protect the data that we store for the plans on our platform. As a result of recent changes to data protection laws, in particular the European Union’s General Data Protection Regulation (“GDPR”) effective May 25, 2018, we want to take this opportunity to reaffirm that commitment. We have updated our website Terms & Conditions and Privacy Statement to provide additional information about how we collect and use data that is entrusted to our care. We encourage all of the users of our website to review these documents (accessible at the bottom of this page), to become familiar with all of our privacy and data protection policies. Furthermore, as the result of the compliance requirements with the European GDPR regulatory framework both major AFS transactional sites, Deferral.com and COLI.com, will restrict access from locations outside of America, including the North, Central and South portions of the continent.
Tips & Comments
Deferral.com easily supports plan freezes and record keeping
for 409A transition. Read more in Deferral.com
Q. Are the funding concerns for nonqualified deferral
plans similar to those for qualified plans?
There are major differences between assets housed within a qualified plan and the
methods used to fund corporate liabilities under a nonqualified plan. In a qualified plan, such as a 401(k),
contributions are invested in assets, and the investment returns (net of
expenses) directly drive plan benefits. In a nonqualified deferral plan, compensation deferred by an executive
simply is held for future payment, along with whatever form of earnings the
plan document may define (whether by reference to a market security, fund,
index or otherwise).