Deferred compensation

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Revision as of 18:54, 11 September 2009 by LadyGeek (talk | contribs) (Removed the lines below the definition, as they applied to non-qualified plans.)
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deferred compensation

An arrangement in which a portion of an employee's income is paid out at a date later than income is actually earned. Examples include pensions, retirement plans, and stock options. The primary benefit of most deferred compensation plans is the deferral of tax.


Links

Deferred compensation--what is it?, Bogleheads forum discussion
Deferred Compensation, Bogleheads forum discussion

Definitions of deferred compensation on Google