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Kiplinger
Kiplinger
Business
Michael Aloi, CFP®

Two Reasons to Consider Deferred Compensation in the Wake of the OBBB, From a Financial Planner

OBBB Building Wealth SEC Summit Financial LLC
A businessman sits outside, a skyscraper in the background.

Fall's arrival means it's time for those with access to company-sponsored nonqualified deferred compensation to decide whether to participate.

Deferred compensation is an employer-sponsored plan in which the participant elects to forgo current wages or a bonus in exchange for a promise to be paid at a future date.

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