Compensation arrangement that postpones receipt of earnings until a future date, often as part of retirement planning.
Deferred compensation is a compensation arrangement that postpones receipt of earnings until a future date, often as part of retirement planning or executive pay design.
It matters because retirement strategy can involve not only where money is invested, but also when compensation becomes taxable and spendable.
Deferred Compensation Plan
Supplemental Executive Retirement Plan (SERP)")
Employer Retirement Plan
Retirement Income