Louisiana Deferred Comp Form 2023 In Nassau
Category:
State:
Multi-State
County:
Nassau
Control #:
US-00418BG
Format:
Word;
Rich Text
Instant download
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.
Free preview
Form popularity
More info
§457 Contributions. Use black or blue Ink when completing this form.Nassau County employees can access their 457b retirement accounts to check balances, view their retirement plan activity and more. • Select: REGISTER. Our vision is to transform financial lives through advice, people and technology. Our mission is to empower financial freedom for all. In order to file a SNAP recertification, it must have, at minimum, your name, address (if you have one) and signature below.