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Dc 4625 Nationwide Obra Form

Dc 4625 Nationwide Obra Form

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deferred compensation is a benefit that's available to most corporate Executives hi I'm Michelle smallenberger with financial design studio and today that's what we're talking about we're going to cover a few key items with deferred compensation so first what it even is and when to use it secondly what are some key timings around taxes but also then decisions that you need to make when you're going to decide to use this and then finally we're going to touch on some pros and cons for this benefit and how it affects your financial plan very simply deferred compensation is income that you are earning today and you're choosing to defer that to some point in the future now there's really two reasons or two big reasons why people want to use this as a benefit first is just tax savings so very simply if today I'm in the 37 percent bracket income tax bracket because of my high income I may choose to defer some of t

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