Net Worth Total financial worth after totaling all assets and subtracting all liabilities.

Noncancellable A type of contract that cannot be canceled by the insurance company and is used for health and disability insurance.

Noncancellable Guaranteed Renewable An insurance policy that is not subject to alteration, termination, or increase in premium upon renewal.

Nonqualified Deferred Compensation Plan (NQDC) Nonqualified deferred compensation (NQDC) is an arrangement between an employer and employee that defers the receipt of currently earned compensation.

Nonwage Income Income other than what is earned in the form of wages or salary.

Normal Retirement Age The age at which a pension plan participant can retire and immediately receive unreduced benefits.