The Governmental Accounting Standards Board issued guidance Tuesday to improve the reporting of Section 457 deferred compensation plans for state and local government employees. The new guidance aims ...
A deferred compensation plan allows eligible employees to set aside part of their salary into an account that grows tax-free until retirement. Many public employees in Missouri can use these plans, ...
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Two Reasons to Consider Deferred Compensation in the Wake of the OBBB, From a Financial Planner
Deferred compensation plans let you potentially lower your current taxes and help to keep you out of a higher tax bracket. It ...
Do you work for an employer that offers you a non-qualified deferred compensation plan (NQDC)? What is it? How does it work? Should you use it? “In simple terms, it is a plan that allows you to take ...
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