David Fischer New York State Deferred Compensation Plan In Wake
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Multi-State
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Wake
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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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New York State Deferred Compensation Plan. 1450 Western Avenue.The firm is invited to rebid, Mr. Fischer said. The RFP is available on the plan's website. The New York City Deferred Compensation Plan is a voluntary program that allows city employees to set aside a portion of their salary for retirement. Chair. Andre R. Jaglom, Tennenbaum Helpern Syracuse.