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Deferred Comp - Defined Benefit

The Principal® Deferred Comp - Defined Benefit plan allows employers to provide a supplemental retirement benefit to select key employees in excess of qualified plan limitations on a pre-tax basis. It can help bridge the retirement income gap that highly compensated employees (HCEs) often face with qualified employer  retirement plans.

Employers can design the plan to provide discretionary incentive benefits to recruit, retain and reward valuable key employees.

View Employer Summary (BB9185) to review the benefits and considerations of this plan for plan sponsors and participants.

Important Information

When we use the term “money manager,” we may be referring to an investment advisor or sub-advisor of an underlying mutual fund.

Before investing in mutual funds or variable life insurance, investors should carefully consider the investment objectives, risks, charges and expenses of the funds or the policy and the underlying investment options or online at www.principal.com. This and other information is contained in the free prospectus and, if available, the summary prospectus that can be obtained from your local representative or online at www.principal.com. Please read the prospectus and, if available, the summary prospectus carefully before investing.

792117-042019

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