Deferred compensation allows individuals to delay receiving part of their income until a future date, often during retirement. This strategy is appealing for retirement savings and tax management, as ...

Benjamin Harvey CFP®, CPWA®, ChFC®, CLU® Founder and Private Wealth Advisor, Summation Wealth Group To continue reading this content, please enable JavaScript in ...

Americans are prioritizing financial security for retirement, anticipating multiple income sources. Employer-sponsored plans ...

Deferred compensation is a financial arrangement in which a portion of an employee’s income is set aside to be paid out at a later date. This can be particularly beneficial for tax planning purposes, ...

Year-end is when many employees and executives choose how much of next year's income to put away for the future via nonqualified deferred compensation (NQDC) plans. Nonqualified deferred compensation ...