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0:44
YouTube
Aspire to Retire
Deferred Compensation vs 401K: Tax Saving Explained
A deferred compensation plan means exactly that. The employee is choosing to delay part of their pay until later. That usually means taking a pay cut today in hopes of saving on taxes or getting a bigger payout down the road. It can work well for high earners who want to set aside more than what a 401K allows, but it is one of the most complex ...
3.2K views
5 months ago
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