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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.
Voya Financial is an American financial, retirement, investment and insurance company based in New York City. Voya began as ING U.S. , the United States operating subsidiary of ING Group , which was spun off in 2013 and established independent financial backing through an initial public offering . [ 2 ]
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. Although DC is not restricted to ...
Martin successfully prepared the company for an initial public offering (IPO) on the New York Stock Exchange in May 2013 – leading one of the top performing IPOs of that year. [ 4 ] Martin earned a total compensation of $9.59 million in 2016, which included a base salary of $1 million, stock awards worth $6.40 million, and other compensation ...
Extebank Deferred Compensation Plan (B), 216 F.3d 283 (2d Cir. 2000), the Second Circuit concluded that a plan could still qualify as a "top hat" plan even though (i) more than 15% of the employees were eligible to participate, and (ii) two or three of the participants were neither highly compensated nor management employees. Thus, while the ...
Alight Solutions is an information technology and consulting company based in Chicago, Illinois.The company provides cloud-based digital business and human capital service solutions [clarification needed]; particularly within the areas of wealth and health resources. [1]
Voya or VOYA can mean: Voya Financial - A spinoff created from the North American banking operations of the ING Group (cf.) Voice of Youth Advocates - a bimonthly magazine for young adults
3. Use an online retirement calculator. Now it’s time to zoom in a little. To get a clearer snapshot of your progress, use an online retirement calculator.