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Non-Qualified Deferred Compensation Plan
3 Months Ended
Jun. 30, 2012
Non-Qualified Deferred Compensation Plan [Abstract]  
Non-Qualified Deferred Compensation Plan

NOTE 5 – Non-Qualified Deferred Compensation Plan

                                     

   Effective December 2007, the Company established the Investors Capital Holdings, Ltd. Deferred Compensation Plan (the “NQ Plan”) as well as a Rabbi Trust Agreement for this plan.  ICC is the NQ Plan’s sponsor.  The unfunded NQ Plan enables eligible ICC Representatives to elect to defer a portion of earned commissions, as defined by the NQ Plan.  The total amount of deferred compensation was $a105,722 and $103,156 for the three months ended June 30, 2012 and 2011, respectively.