Deferred compensation plans can be a beneficial tax strategy for employees, and they allow employers to attract and incentivize top talent. Deferred compensation is a written agreement between an employer and an employee in which the employee opts to have part of his or her compensation withheld by the company. The withheld compensation is then invested on the employee’s behalf and distributed to them at a predetermined point in the future. Our firm provides guidance and funding for deferred compensation plans to help you optimize your benefit strategies.
We do not provide tax advice. Please consult your own advisors for tax advice.