Louisiana Deferred Comp Phone Number In Houston
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State:
Multi-State
City:
Houston
Control #:
US-00418BG
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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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Phone Number, . Please consult the Special Tax Notice Regarding Plan Payments for more details.Com or call . The City of Houston 457 Deferred. Compensation Plan is a powerful tool to help you reach your retirement dreams. 9100 Bluebonnet Centre Blvd. Use black or blue Ink when completing this form. Gov for additional information if needed.