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Deferred Compensation Plans

Author: 
Paycor
Publication date:
February 14, 2022
Article Summary: 

The article provides an overview of deferred compensation plans and how they work. A deferred compensation plan is an agreement between an employer and an employee to defer a portion of the employee’s compensation to a future date. The article discusses the types of deferred compensation plans, such as qualified and non-qualified plans, and the benefits they offer to employers and employees. It also covers the tax implications and risks associated with these plans. The article concludes with tips on how to implement a deferred compensation plan effectively.

Keywords: 

Deferred compensation plans, qualified plans, non-qualified plans, tax implications, risks, implementation.

Source Citation: 
Paycor
Deferred Compensation Plans
February 14, 2022
https://www.paycor.com/resource-center/articles/deferred-compensation-plans/
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