Phone Number For Ohio Deferred Comp In Minnesota - Deferred Compensation Agreement - Long Form

State:
Multi-State
Control #:
US-00418BG
Format:
Word
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Description

Deferred compensation is an arrangement in which a portion of an employee's income is paid out at a date after which the income is actually earned. A Deferred Compensation Agreement is a contractual agreement in which an employee (or independent contractor) agrees to be paid in a future year for services rendered. Deferred compensation payments generally commence upon termination of employment (e.g., retirement) or death or disability before retirement. These agreements are often geared toward anticipated retirement in order to provide cash payments to the retiree and to defer taxation to a year when the recipient is in a lower bracket. Although the employer's contractual obligation to pay the deferred compensation is typically unsecured, the obligation still constitutes a contractual promise. Para su conveniencia, debajo del texto en español le brindamos la versión completa de este formulario en inglés. For your convenience, the complete English version of this form is attached below the Spanish version.
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Participants with questions should contact the Service Center at 877.644. The Minnesota Deferred Compensation Plan (MNDCP) is a voluntary savings plan intended for long-term investing for retirement.Forms and Help. Forms. Help. Need more information about deferred compensation plans? NACo's Deferred Compensation Program has helped more than 1.5 million county employees and retirees save for and live comfortably in retirement. If you have questions, contact Ohio Deferred Compensation. Now is the time to GET STARTED. Your pension and your Ohio Deferred Compensation account are here to provide you with retirement income when you stop working. Telephone number: 800-4LINCOLN OR . Fax number: . Date. Date.

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Phone Number For Ohio Deferred Comp In Minnesota