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Deferred compensation is also sometimes referred to as deferred comp, qualified deferred compensation, DC, non-qualified deferred comp, NQDC, or golden handcuffs. Deferred compensation is only available to employees of public entities, senior management, and other highly compensated employees of companies.
Deferred compensation is a way for employees to reduce their tax burden while ensuring their economic security in their golden years. Deferred compensation plans with a long vesting period are ...
The 457 plan is a type of nonqualified, [1] [2] tax advantaged deferred-compensation retirement plan that is available for governmental and certain nongovernmental employers in the United States. The employer provides the plan and the employee defers compensation into it on a pre tax or after-tax (Roth) basis.
The New York State Common Retirement fund is a public pension plan for the employees of New York State government. As of 2018 [update] , it was the third largest public pension plan in the nation, and held $207.4 billion in assets.
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Oversees the New York City Sheriff's Office, which acts as DOF's law enforcement division and the City's chief civil law enforcement agency. Through the Mayor's Office of Pensions and Investments, the Department of Finance also advises the Administration on the City's $160 billion pension system and $15 billion deferred compensation plan.
• Explains all the wonderful benefits available to you as part of your plan. • Shows you which benefits you have yet to take advantage of, and lets you activate them directly from the email simply by clicking the individual benefit icon.
Trenton, NJ, based Investment company NJ State Employees Deferred Compensation Plan (Current Portfolio) buys Tesla Inc, Glacier Bancorp Inc, Regal Rexnord Corp, Zurn Water Solutions Corp, Canadian ...