Phone Number For Ohio Deferred Comp In Dallas
Category:
State:
Multi-State
County:
Dallas
Control #:
US-00418BG
Format:
Word;
Rich Text
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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.
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Participants with questions should contact the Service Center at 877.644. Need more information about deferred compensation plans?Forms and Help. Forms. Help. 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. If you have questions, contact Ohio Deferred Compensation. For further information, the employee should contact our Service Center at and press 3 to speak with an Account Executive. Social Security Number. Address. Filing a form online is easier and faster than paper filing. It gives you a simple and personalized way to track your case online.