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MASTER DEFERRED COMPENSATION PLAN DOC TemplatePDFfiller Form

MASTER DEFERRED COMPENSATION PLAN DOC TemplatePDFfiller Form

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here's our example we've got Paul and Jessica they have 150 000 that they want to defer to the Deferred Compensation Plan each year and they want to do that for the next 10 years so here's how it looks they're going to get about two million dollars as the final value of their DCP plan when they retire so let's look at how this pays out let's say that they choose to take a lump sum they find themselves in the 37 tax bracket defeats the purpose of doing this they've avoided being in the high tax bracket only to push themselves in the highest tax bracket again things do start to change when they stretch them out they do a 10-year payout they're looking at the 24 bracket if they take the 15-year payouts about 133 000 a year if there's no other income that's the 22 bracket is their highest bracket for the year so as you can see these tax brackets widely vary depending on which payout option you choose and this i

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