Louisiana Deferred Comp For 2023 In Bronx
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State:
Multi-State
County:
Bronx
Control #:
US-00418BG
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Word;
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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.
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Submit your forms as follows: 1) Inquries and questions can be sent via email to the Plan. Questions regarding §457 maximums and refunds should be directed to Louisiana Deferred Compensation at or toll free at .The amount you contributed to the Deferred Compensation Plan in 2023 will be reflected in Box 12 of your 2023 Form W-2. If you wish to enroll in Deferred Compensation you have 30 days from your date of hire to enroll retroactive to your original date. A voluntary retirement savings plan that provides quality investment options, investment educational programs and related services. Global Citizen Scholarship is as broad as possible to match the broad, diverse experiences of international and DACA students.