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Deferred compensation is an arrangement in which a portion of an employee's wage is paid out at a later date after which it was earned. Examples of deferred compensation include pensions , retirement plans , and employee stock options .
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.
With a legacy of more than 100 years, the Better Business Bureau (BBB) is the go-to watchdog for evaluating businesses and charities. The nonprofit organization maintains a massive database of ...
The National Law Review is an American law journal, daily legal news website and legal analysis content-aggregating database. [1] In 2020 and 2021, The National Law Review published over 20,000 legal news articles and experienced an uptick in readership averaging 4.3 million readers in both March and April 2020, due to the demand for news ...
While FDIC insurance protects your bank deposits up to $250,000, SIPC insurance safeguards your investment accounts differently. The Securities Investor Protection Corporation (SIPC) provides up ...
CalPERS is responsible for a deferred compensation retirement plan and two other plans to supplement income after retirement or permanent separation from State employment. As of December 2014: [ 3 ] The CalPERS 457 Plan serves 27,526 participants and had $1.296 billion in assets.
BBB National Programs, an independent non-profit organization that oversees more than a dozen national industry self-regulation programs that provide third-party accountability and dispute resolution services to companies, including outside and in-house counsel, consumers, and others in arenas such as privacy, advertising, data collection, child-directed marketing, and more.
Non-GAAP net income was $50 million -- was $60 million, which excludes a nonrecurring noncash tax benefit of $25 million from the release of valuation allowance on certain deferred tax assets.