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Deferred Comp - Defined Contribution

The Principal® Deferred Compensation - Defined Contribution plan allows select key employees to defer income in excess of the qualified plan limitations up to 100% of their income on a pre-tax basis. It helps bridge the retirement income gap that highly compensated employees (HCEs) often face with qualified employer retirement plans.

Employers can also make discretionary contributions into the plan to address recruitment and retention goals.

View Employer Summary (BB8915) to review the benefits and considerations of this plan for plan sponsors and participants.

Get started with the Nonqualified Excess Plan Sales Process Guide (BB10080) (temporarily unavailable).

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.

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